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$194,900
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Property Description
Attention Investors and Owner-Occupants! This well-maintained duplex offers a fantastic opportunity for investors seeking steady rental income or for buyers looking to live in one unit while letting the other help pay the mortgage. The property features separate entrances for each unit and a fully fenced backyard, providing privacy and functional outdoor space. Each unit offers 3 bedrooms and 1 bathroom. Unit 1 is currently rented for $1,200 per month with a long-term tenant in place since 2015, providing reliable income from day one. Unit 2 is currently rented for $850 per month with potential for future rental upside. Key updates include a roof replaced in 2015, furnaces updated in 2022 and 2017, and hot water tanks replaced in 2014 and 2021. The owner currently pays sewer, which averages approximately $90 per month combined for both units, while tenants pay all other utilities. Seller is willing to assist with closing costs, and lenders with down payment assistance programs are available, making this a great opportunity for both seasoned investors and buyers looking to build equity while generating rental income. Please do not disturb tenants. Member of selling entity is a Licensed Real Estate agent.
Full Property Details
Full Property Details for 389-391 Oak St
General
- Price: $194,900
- Taxes: $992 (2025)
- Status: Active
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 226007678
- Updated: 3/14/2026
- Added to Site: 31 day(s) ago
Location
- County: Marion
- Township: Marion
- Cross Streets: Tully St
School Information
- School District: MARION CSD 5102 MAR CO.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Natural Gas Available, Electricity Available, Storm Sewer
Structural Information
- # Buildings: 1
- Construction: Vinyl siding
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920.4
Financial Considerations
- Price Per Sq. Ft.: $96.68
- Tax Amount: $992
- Tax Year: 2025
- Owner Pays: Sewer
- Tenant Pays: Gas
Disclosures and Reports
- Property ID: 12-2050005.600
Listed by Signature Real Estate (614) 486-0101, Colby LeManton (614) 687-0953
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Price & Sales History for 389-391 Oak St
Date
Details
Price
Change
Source
3/14/2026
Listed
$194,900
94.9%
MLS
6/04/2025
Sold
$100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 389-391 Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,224
23%
$34,130
32%
2024
$992
-1%
$25,850
—
2023
$1,000
9%
$25,850
—
2022
$921
8%
$25,850
20%
2021
$855
—
$21,600
—
2019
$857
-7%
$21,599
-7%
2018
$925
-1%
$23,332
—
2017
$937
1%
$23,332
—
2016
$931
-2%
$23,332
1%
2015
$946
—
$23,181
—
2014
$946
—
$23,180
—
2013
$945
—
$23,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 389-391 Oak St
389-391 Oak Street, Marion, OH 43302 (MLS# 226007678) is a Duplex property with 0 bedrooms and 0 full bathrooms. 389-391 Oak Street is currently listed for $194,900 and was received on March 14, 2026. Want to learn more about 389-391 Oak Street? Do you have questions about finding other Duplex real estate for sale in Marion? You can browse all Marion real estate or contact a Coldwell Banker agent to request more information.

