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1235 Grove Court Marysville, OH 43040
1.79 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226001760
Year Built 1961
Annual Tax Amount $5,821
Lot Size 1.790 Acres
Lot Dimensions 1.79
Property Sub-Type Apartment
Source Columbus and Central Ohio Regional MLS
Property Description
Exceptional and rare 10-unit multifamily investment in Marysville consisting of five duplex buildings (10 units total). All units are single-level ranch-style, a highly desirable layout that supports long-term tenancy, reduced turnover, and lower maintenance. The unit mix includes eight 2-bedroom/1-bath units and two 3-bedroom/1-bath units, appealing to a broad tenant base. All buildings feature new roofs, and the units are well maintained on the interior, reflecting pride of ownership. The property generates $10,750 in gross monthly income ($129,000 annually) with separately metered, tenant-paid utilities, and offers clear upside with room for future rent increases. A stabilized, in-place cash-flowing asset ideal for investors or 1031 exchange buyers in a supply-constrained market.
Location
State OH
County Union
Area 1.79
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Marysville Evsd 8002 Uni Co.
School District Marysville Evsd 8002 Uni Co.
Others
Tax ID 29-0006308-0000
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Charles Scheiderer Roby Realty
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