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$190,000

  • For Sale
  • Active
  • Multi-Family
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Prime Investor Opportunity! This versatile mixed-use building combines solid income with exceptional potential. The main level offers flexible commercial space plus an additional 600 sq. ft. rear area-ideal for storage, office use, or a boutique-style rental. Recent improvements include a newer roof, refreshed mechanicals, and an upgraded electrical panel, paving the way for an easy conversion to another residential unit. Upstairs, two bright and spacious 1 bed/1 bath apartments bring in $825/month combined, contributing to a total property income of $2,625/month. A strong earner with room to elevate even further-perfect for the savvy investor.

Full Property Details for 645 Indiana Ave

General

  • Price: $190,000
  • Taxes: $882 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 225045436
  • Updated: 12/15/2025
  • Added to Site: 35 day(s) ago

Location

  • County: Marion
  • Township: Marion
  • Cross Streets: Summit

School Information

  • School District: MARION CSD 5102 MAR CO.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer

Structural Information

  • Construction: Brick
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049.2
  • Potential Use: Commercial

Financial Considerations

  • Tax Amount: $882
  • Tax Year: 2024
  • Owner Pays: Gas, Sewer, Water

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 12-4160007.000

Listed by Red 1 Realty (614) 585-9020, Brent J Merriman (614) 725-7815

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Listing agent

— 645 Indiana Ave —

  • Brent J Merriman

    Red 1 Realty

    614-585-9020

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 645 Indiana Ave

School District:Marion City School District
NameGradesDistance
George Washington Elementary School
400 Pennsylvania Avenue, Marion, OH 43302
PK-50.5 mi
Ulysses S. Grant Middle School
420 Presidential Drive, Marion, OH 43302
6-80.4 mi
Harding High School
1500 Harding Highway East, Marion, OH 43302
9-121.3 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 645 Indiana Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$190,000
280%
MLS
1/31/2020
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
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 for 645 Indiana Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$882
—
$19,020
—
2023
$883
6%
$19,020
—
2022
$835
-5%
$19,020
1%
2021
$875
-45%
$18,740
—
2019
$1,577
-15%
$18,740
1%
2018
$1,850
111%
$18,470
—
2017
$875
—
$18,470
—
2016
$877
-1%
$18,470
—
2015
$887
—
$18,470
—
2014
$885
1%
$18,470
—
2013
$879
—
$18,470
—
View All
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 for 645 Indiana Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Red 1 Realty (614) 585-9020, Brent J Merriman (614) 725-7815

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645 Indiana Avenue, Marion, OH 43302 (MLS# 225045436) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 645 Indiana Avenue is currently listed for $190,000 and was received on December 12, 2025. Want to learn more about 645 Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Marion? You can browse all Marion real estate or contact a Coldwell Banker agent to request more information.

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