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
Days on Market: 83
Heating: Hot Water
Lot Size: 0.18 Acres
Taxes: $3,567
Year Built: 1918
Feature Descriptions
Parcel #: 29-0004122-0000
Local Schools
School District: MARYSVILLE EXEMPTED VILLAGE
Demographics
Union County Demographic Information forFips
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
$ 1,871.19 per month $1,489.36 Principal & Interest $297.25 Property Tax $84.58 Homeowner's InsuranceChange Payment Information
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