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$159,900
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Property Description
Opportunity knocks with this vacant, rent-ready duplex in the heart of Marion. Whether you're an investor looking to set your own rents and select new tenants, or an owner-occupant wanting to live in one unit while renting the other, 557 Summit Street provides flexibility, income potential, and upside. This spacious duplex features two separate units totaling 1,913 sqft, plus a 2-car attached garage-a rare find in this price range. Unit Breakdown: Downstairs Unit: 2 bedrooms, 1.5 baths Upstairs Unit: 1 bedroom, 1 bath Both units are fully vacant, offering a clean slate for leasing, renovation, or owner occupancy. The previous tenants paid a combined $1,100/month and covered all utilities, giving investors a benchmark while leaving room for rental rate improvement with light updates. With a 0.21-acre lot, public sewer, and convenient access to Downtown Marion, shops, parks, and schools, this location is ideal for long-term tenant demand. Whether you're building your rental portfolio or searching for a house-hack opportunity, this duplex offers strong cash-flow potential with immediate availability.
Full Property Details
Full Property Details for 557 Summit St
General
- Price: $159,900
- Taxes: $1,906 (2024)
- Status: Active
- Type: Duplex
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225044653
- Updated: 12/3/2025
- Added to Site: 44 day(s) ago
Location
- County: Marion
- Township: Marion
- Cross Streets: forest
School Information
- School District: MARION CSD 5102 MAR CO.
Structural Information
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
Financial Considerations
- Price Per Sq. Ft.: $83.59
- Tax Amount: $1,906
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 12-4320001.900
Listed by RE/MAX Revealty (614) 505-7438, Joshua D Cooper (740) 341-2636
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Schools
Schools serving 557 Summit St
School District:Marion City School District
| Name | Grades | Distance |
|---|---|---|
Benjamin Harrison Elementary School 625 Brightwood Drive, Marion, OH 43302 | PK-5 | 0.2 mi |
Ulysses S. Grant Middle School 420 Presidential Drive, Marion, OH 43302 | 6-8 | 0.3 mi |
Harding High School 1500 Harding Highway East, Marion, OH 43302 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Summit St
Date
Details
Price
Change
Source
12/03/2025
Listed
$159,900
107.66%
MLS
6/07/2018
Sold
$77,000
—
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 557 Summit St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,906
-27%
$43,570
—
2023
$2,624
50%
$43,570
—
2022
$1,755
14%
$43,570
27%
2021
$1,539
13%
$34,350
—
2019
$1,361
25%
$34,350
-7%
2018
$1,090
-1%
$37,052
—
2017
$1,105
1%
$37,052
—
2016
$1,099
1%
$37,052
3%
2015
$1,086
—
$36,131
—
2014
$1,086
—
$36,130
—
2013
$1,086
—
$36,130
—
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 557 Summit St
557 Summit Street, Marion, OH 43302 (MLS# 225044653) is a Duplex property with 0 bedrooms and 0 full bathrooms. 557 Summit Street is currently listed for $159,900 and was received on December 03, 2025. Want to learn more about 557 Summit 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.

