364 Blaine Avenue

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364 Blaine Avenue

Marion, OH 43302
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset for sale in Marion Ohio
  • Building features a total of two residential units
  • Well-suited for private investors and rental operators
  • Strategically situated in the 43302 zip code area
  • Provides potential for consistent residential rental income

What's Special

This multifamily property at 364 Blaine Avenue in Marion, Ohio, is currently available for purchase and presents a viable acquisition for investors seeking residential holdings. Comprising two units, this apartment building serves as a practical addition to a landlord's portfolio within this growing Midwestern market. Marion provides a stable environment for rental demand, supported by its regional connectivity and access to local services. The asset is well-suited for private investors or small-scale operators looking to manage a straightforward income-producing property in a residential setting. Its manageable scale allows for efficient oversight and direct operational control, making it a functional choice for those focused on long-term capital preservation or cash flow within a secondary market context. The property's location aligns with the housing needs of the local workforce and residents who prioritize accessibility to regional infrastructure and area employment centers.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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