511 E 5th StreetMarysville, OH 43040

Closed 269500

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4 beds 2 full baths 1,854 sqft

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Listed By

Agency Name: Bell Hankins Realty Group, LLC
Agent Name: Stanleigh Penhorwood
Agency Phone: (937) 935-2450

Shown By

Agent Name: Jennifer Williams
Agent Phone: (614) 271-0407
Agency Title: Cutler Real Estate

Contact Jennifer Williams About This Property

Property Description

511 E 5th St, Marysville - Duplex Investment OpportunityWell-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.

Property Features

Property Type: Multi Unit - Multiple

Basement: Crawl Space, Partial

Cooling: Window Unit(s)

Days on Market: 116

Fenced: Yes

Garage: 1

Garage: Detached

Heating: Baseboard, Hot Water, Electric

Lot Size: 0.18 Acres

Stories: 2.0

Taxes: $3,566

Year Built: 1918

Amenities

Ceiling Fan(s)

Walk-In Closet(s)

Fenced

Porch

Feature Descriptions

Additional Structures: Shed(s)

Exterior: Aluminum Siding

Fireplace: Decorative, Electric

Foundation: Stone

Lot: Plat

Lot Dimensions: 60x132

Parcel ID: 2900041220000

Sewer: Public Sewer

Special Features: Bath 1st Floor, Bed 1st Floor

Utilities: Natural Gas Connected, Sewer Connected

Water: Supplied Water

Local Schools

School District: Marysville EVSD

Demographics

Union County Demographic Information for

Fips

Fips Code 39159

Population

2020 to 2025 Change up 17.0%

2010 Count 52,300

2020 Count 62,784

2025 Estimate (V2025) 73,446

2020 Estimate (V2025) 62,783

Age Distribution (Years Old)

0 to 4 5.9%

5 to 17 23.1%

18 to 64 57.0%

65 and Older 14.0%

Gender

Male 48.5%

Female 51.5%

Place of Birth

Foreign 6.2%

US 93.8%

Education

High School Graduate, Age 25+ 95.8%

Bachelor's Degree or Higher, Age 25+ 39.2%

Computer and Internet use

Households with a computer 97.6%

Households with a broadband Internet subscription 95.2%

Language

English is Second Language, Age 5+ 7.9%

English is First Language, Age 5+ 92.1%

Veterans

Veterans 2,843

Income

Per Capita Income $50,711

Median Household Income $112,322

People in Poverty 5.3%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 21,778

Households 24,232

Average Household Size 2.67

Owner-Occupied 79.2%

Multi-Family 11.0%

Owner-Occupied Median Value $344,900

Median selected monthly owner costs -with a mortgage $1,968

Median selected monthly owner costs -without a mortgage $750

Median gross rent $1,247

Building Permits

New Private Housing Issued 2024 1,498

Years at Residence

1 Year or More 86.8%

Less Than 1 Year 13.2%

Business and Employment

Private non-farm Establishments 1,240

Private non-farm Employment 29,795

Private non-farm Employment Growth down 1.1%

Nonemployer Establishments 5,281

Number of Firms 1,111

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

$ 1,871.11 per month $1,489.36 Principal & Interest $297.17 Property Tax $84.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/09/2026. The listing information on this page last changed on 06/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/09/2026 4:57:59 PM EST) or Dayton MLS (last updated Tue 06/09/2026 4:52:16 PM EST) or CBRMLS (last updated Tue 06/09/2026 4:55:17 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 06/09/2026 4:53:49 PM EST) or NKY MLS (last updated Tue 06/09/2026 4:49:44 PM EST) or Wrist MLS (last updated Tue 06/09/2026 4:54:35 PM EST) or Firelands MLS (last updated Tue 06/09/2026 4:12:12 PM EST) or MLS NOW (last updated Tue 06/09/2026 4:53:19 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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