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$547,900
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Property Description
Prime Fully Occupied Investment Opportunity in Uptown Marysville! Welcome to 254 W Fifth Street, Marysville, OH - a rare single-story fourplex located steps from Uptown Marysville, in one of the most desirable and walkable areas in the city. This property is fully occupied and generates $4,300 per month ($51,600 annually) in rental income, providing immediate, stable cash flow from day one. All four units are single-level, a highly desirable layout that attracts long-term tenants while keeping maintenance simple. Additional highlights include a 3-car carport, one enclosed garage in the rear, and a fully blacktop driveway, offering ample off-street parking - a major tenant draw in this prime location. With its unbeatable proximity to restaurants, shops, entertainment, and major employers, this asset benefits from strong rental demand and built-in upside with room for future rent growth. Ideal for investors seeking a low-maintenance, income-producing property in a premier Marysville location. MAJOR VALUE ADD: Tenants pay ALL utilities, keeping operating expenses low and maximizing net returns. Turnkey multifamily opportunities like this are rare - don't miss your chance to own in the heart of Uptown Marysville. Please do not disturb tenants.
Full Property Details
Full Property Details for 254 W 5th St
General
- Sold For: $547,900
- Taxes: $8,714 (2024)
- Status: Closed
- Type: Apartment
- Source: Columbus_N_Greater_Ohio
- MLS ID: 226003357
- Added to Site: 65 day(s) ago
Parking
- Total Spaces: 8
- Parking Features: Garage Door Opener
Location
- County: Union
- Township: Paris
- Cross Streets: Court
School Information
- School District: MARYSVILLE EVSD 8002 UNI CO.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Year Built: 1961
Unit Information
- Occupancy Rate: 100
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632.4
Financial Considerations
- Price Per Sq. Ft.: $160.11
- Tax Amount: $8,714
- Tax Year: 2024
- Terms: FHA, Conventional
- Tenant Pays: Gas
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-0007066-0000
Listed by Roby Realty (614) 791-0050, Charles Scheiderer (937) 707-8944
Sold by RE/MAX Connection (614) 478-2121, Joshua A Hess
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Schools
Schools serving 254 W 5th St
School District:Marysville Exempted Village School District
| Name | Grades | Distance |
|---|---|---|
Edgewood Elementary School 203 Grove Street, Marysville, OH 43040 | PK-4 | 0.6 mi |
Bunsold Middle School 14198 State Route 4, Marysville, OH 43040 | 7-8 | 2.7 mi |
Marysville High School 800 Amrine Mill Road, Marysville, OH 43040 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 254 W 5th St
Date
Details
Price
Change
Source
3/23/2026
Sold
$547,900
—
MLS
2/05/2026
Listed
$547,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
254 W 5th Street, Marysville, OH 43040 (MLS# 226003357) is a Apartment property that was sold at $547,900 on March 23, 2026. Want to learn more about 254 W 5th Street? Do you have questions about finding other Apartment real estate for sale in Marysville? You can browse all Marysville real estate or contact a Coldwell Banker agent to request more information.

