Property Description

Rare opportunity to own a fully occupied triplex in the heart of Marysville, Ohio! This well-maintained investment property features two spacious 2-bedroom, 1-bath units and one comfortable 1-bedroom, 1-bath unit, offering an ideal unit mix for strong, consistent demand. Professionally managed and fully rented, the property generates $2,775 per month in reliable income, making it a true turnkey addition to any investor's portfolio. Whether you're looking to expand your holdings or secure your first multifamily asset, this is a prime opportunity to own a cash-flowing property in one of Central Ohio's fastest-growing communities.

350 Sycamore Street | MLS# 226005438

This multi-family property located at 350 Sycamore Street, Marysville, OH 43040 is currently listed for sale with an asking price of $295,000. Sycamore Street is located within the MARYSVILLE EXEMPTED VILLAGE school district. Search Marysville real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 17

Heating: Forced Air

Lot Size: 0.17 Acres

Taxes: $2,821

Year Built: 1900

Feature Descriptions

Parcel #: 29-0005076-0010

Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Local Schools

School District: MARYSVILLE EXEMPTED VILLAGE

Demographics

Union County Demographic Information for 350 Sycamore Street, Marysville, OH 43040

Fips

Fips Code 39159

Population

2020 to 2023 Change up 10.9%

2010 Count 52,300

2020 Count 62,784

2023 Estimate (V2023) 69,637

2020 Estimate (V2023) 62,783

Age Distribution (Years Old)

0 to 4 5.9%

5 to 17 23.4%

18 to 64 55.8%

65 and Older 14.9%

Gender

Male 48.4%

Female 51.6%

Place of Birth

Foreign 5.1%

US 94.9%

Education

High School Graduate, Age 25+ 94.9%

Bachelor's Degree or Higher, Age 25+ 39.3%

Computer and Internet use

Households with a computer 96.5%

Households with a broadband Internet subscription 93.4%

Language

English is Second Language, Age 5+ 6.9%

English is First Language, Age 5+ 93.1%

Veterans

Veterans 3,002

Income

Per Capita Income $48,025

Median Household Income $104,496

People in Poverty 5.2%

Commute

Average Work Commute Time 27 minutes

Housing

Total Housing Units 21,778

Households 22,644

Average Household Size 2.68

Owner-Occupied 80.4%

Multi-Family 11.0%

Owner-Occupied Median Value $282,900

Median selected monthly owner costs -with a mortgage $1,816

Median selected monthly owner costs -without a mortgage $671

Median gross rent $1,144

Building Permits

New Private Housing Issued 2023 848

Years at Residence

1 Year or More 86.7%

Less Than 1 Year 13.3%

Business and Employment

Private non-farm Establishments 1,119

Private non-farm Employment 28,603

Private non-farm Employment Growth down 1.1%

Nonemployer Establishments 4,819

Number of Firms 3,936

Business Production

Value of Shipments $10,397,691,000

Wholesale Trade $2,464,098,000

Retail Trade $793,871,000

Retail Sales Per Capita $0

Accommodation and Food Services $84,737,000

Land

Land Area 431.73 sq. miles

Population Per Square Mile 122

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,760.43 per month $1,439.31 Principal & Interest $235.08 Property Tax $86.04 Homeowner's Insurance

Change Payment Information

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350 Sycamore StreetMarysville, OH 43040