511 E 5th Street, Marysville, OH 43040

New Listing
$299,999
Property Type: Multi-Family Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $299,999 List Date: 3/13/2026 Last Modified: 3/13/2026

Description

511 E 5th St, Marysville – Duplex Investment Opportunity Well-maintained duplex featuring two units: a 3-bedroom, 1-bathroom unit (Unit A) and a 1-bedroom, 1-bathroom unit (Unit B). Unit A offers a full kitchen, separate dining room, spacious living room, and a dedicated laundry room. The first floor features tall ceilings and large windows that provide abundant natural light. Upstairs includes the bedrooms and bathroom. Unit B features a studio-style kitchen and living area, along with laundry hookups in the closet. Then a private bedroom. This unit features the tall ceilings. The property also includes a large detached garage with a second-story storage area, an additional storage shed, private driveway, and a spacious backyard. Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease. Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income, offering a solid investment opportunity with steady cash flow. Disclosure: Listing agent is the homeowner.

Supplements: ********

More Information MLS# 226007433

Location & Property Info

List Price/SqFt: 161.81 City (Mailing Addr): Marysville Corp LimitPerAuditor: Marysville

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 1854 Lot Size (Side): 132 Number of Units: 2 Year Built: 1918 Acreage: 0.18

Tax Info

Tax Abatement: No Taxes (Yrly): 3567 Parcel #: 29-0004122-0000 Tax Year: 2025

Remarks & Misc

Property Description: 511 E 5th St, Marysville – Duplex Investment Opportunity Well-maintained duplex featuring two units: a 3-bedroom, 1-bathroom unit (Unit A) and a 1-bedroom, 1-bathroom unit (Unit B). Unit A offers a full kitchen, separate dining room, spacious living room, and a dedicated laundry room. The first floor features tall ceilings and large windows that provide abundant natural light. Upstairs includes the bedrooms and bathroom. Unit B features a studio-style kitchen and living area, along with laundry hookups in the closet. Then a private bedroom. This unit features the tall ceilings. The property also includes a large detached garage with a second-story storage area, an additional storage shed, private driveway, and a spacious backyard. Unit A (3/1) is currently rented for $1,500 per month on a month-to-month lease. Unit B (1/1) is rented for $850 per month on a yearly lease. The property generates $2,350 per month in rental income, offering a solid investment opportunity with steady cash flow. Disclosure: Listing agent is the homeowner.

Income/Expenses

Gross Income: 2350 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

Real Estate Owned: 1

1 Bedroom

1 Bedroom # of Units: 1 1 Bedroom Month Rent Per Unit: 850

Construction

Aluminum: 1

3 Bedroom

3 Bedroom Month Rent Per Unit: 1500

Heat Fuel

Electric: 1 Gas: 1

Parking Features

1 Car Garage: 1 Detached Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Gas: 1

Alternate Uses

Office: 1 Residential: 1 Rooming House: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Hot Water: 1

New Financing

Conventional: 1 FHA: 1

Air Conditioning

Window Unit(s): 1

Owner Pays

Electric: 1 Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 299999 List Price: $299,999 Property Sub Type: Duplex Street #: 511 Street PreDirection: E Street Name: 5th Street Suffix: Street County: Union State: OH Zip Code: 43040 Subdiv/Cmplx/Comm: Timber Trail Estates School District: MARYSVILLE EVSD 8002 UNI CO. Township: Paris

OfficeContract Info

Status: Active MLS Entry Date: 2026-03-12

Property Features

Addl Acceptance Cond: Real Estate Owned Parking Features: 1 Car Garage; Detached Garage Owner Pays: Electric; Sewer; Trash; Water Tenant Pays: Gas Heat Fuel: Electric; Gas Heating: Hot Water Air Conditioning: Window Unit(s) Construction: Aluminum Water Source: Public Sewer: Public Sewer Miscellaneous: Basement; W/D Hookups Alternate Uses: Office; Residential; Rooming House New Financing: Conventional; FHA MLS Primary PhotoSrc: Realtor Provided
Listing Office: Bell Hankins Realty Group, LLC
Listing Agent: Stanleigh Penhorwood
Last Updated: March – 13 – 2026
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