Backup offers
#225023589, Ryan J Ruehle, Christine A Hinton, Listing office: EXP Realty, LLC
Property details
About 640 S Prospect St
INVESTOR ALERT! Here's your chance to pick up a fully occupied duplex in Marion, Ohio with immediate cash flow and plenty of room to add value. 640 S Prospect St features two 2-bedroom, 1-bath units currently rented at $475 per unit ($950/month total). Long-term tenants are in place, providing stable income from day one. The property does need some TLC—the detached garage roof needs attention, some windows require repair, and overall cosmetics could use a refresh. That's why we've priced this opportunity to reflect the condition and upside potential. The Upside: Marion market rents for similar units are $650-$750/month per side after updates Future cash flow could exceed $1,300-$1,500/month gross rents Separate utilities already in place Easy value-add by cleaning up and increasing rents on turnover.
Highlights
Home typeDuplex
StatusActive
Size2,136 sqft
Lot size0.22 Acres
Year built1910
MLS #225020081
Summary
- List Price: $89,900
- Price/SqFt: $42
- Annual Tax Amount: $2,138
- Tax Year: 2023
- Year Built: 1910
- Living Area: 2,136 SqFt
- Lot Size: 0.22 Acres
- MLS Number: 225020081
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: RE/MAX Revealty
- Office Phone: (614) 505-7438
- Listing Agent: Joshua D Cooper
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 12:40:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 03, 2020 | Home Sold | $53,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $43,740 | $2,138 |
| 2022 | $43,740 | $1,877 |
| 2021 | $35,330 | $1,519 |
| 2020 | $35,330 | $1,635 |
| 2019 | $35,329 | $1,636 |
| 2018 | $34,332 | $1,436 |
| 2017 | $34,332 | $1,505 |
History based on county public records data.
Nearby schools
7
Benjamin Harrison Elementary School
Public District PK-5
0.7 mi
•625 Brightwood Dr
3
William Mckinley Elementary School
Public District KG-5
1.2 mi
•925 Chatfield Rd
6
James A. Garfield Elementary School
Public District PK-5
1.4 mi
•1170 Brookside Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,788. Most Marion, OH residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
28%
<35k
54%
35k-100k
14%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
14%
Single, with Kids
23%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Pro Boxing
Horse Races
Where do the neighbors shop?
Sam's Club
Family Dollar
Stein Mart
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Burger King
What do the neighbors drive?
Oldsmobile
Chevrolet
Buick
What do the neighbors listen to?
Rock
Contemporary Inspirational
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 640 S Prospect St
The listing price of 640 S Prospect St property is $89,900.
The property 640 S Prospect St is a multi located in Marion, Ohio, 43302.
Active Listing: 640 S Prospect St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 640 S Prospect St are: Benjamin Harrison Elementary School (GreatSchools Rating 7/10), William Mckinley Elementary School (GreatSchools Rating 3/10), James A. Garfield Elementary School (GreatSchools Rating 6/10), Ulysses S. Grant Middle School (GreatSchools Rating 4/10), Marion Preparatory Academy (GreatSchools Rating 6/10), Pleasant Middle School (GreatSchools Rating 5/10), Treca Digital Academy (GreatSchools Rating 2/10), Harding High School (GreatSchools Rating 4/10), Pleasant High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $2,138 (source: MLS/based on county public records data).
The last sale was on September 3, 2020 for $53,900 (source: MLS/tax record).
The property 640 S Prospect St is 2,136 SqFt (source: MLS/tax record).
The year of construction for 640 S Prospect St is 1910.
This home is located at 640 S Prospect St in Marion, OH and zip code 43302. This 2,136 square foot home, which was built in 1910, sits on a 0.22 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $89,900.
Marion, OH housing market in June 2025 saw over 10 listings sold above listed price, more than 11 sold at listed price and over 27 sold below. The number of listings in Marion, OH decreased by 5.3% between May and June 2025. In June 2025 median list price was $179,900 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.