403 Central Avenue

Greenville OH 45331

3670 sq. ft.

7087 sq. ft.

Multi-Family

Last sold for $125,000

Jody Rhoades, last sold this property on 26 November 2025 after 77 days on market.

Overview

Investor Special – 4-Unit Multifamily in the Heart of Greenville, OH! Opportunity knocks with this centrally located 4-unit investment property offering solid cash flow potential and value-add upside! With a total of 3,670 sq ft, this building features: (2) 1-Bedroom Units — Currently rented at $375 and $400/month (1) 2-Bedroom Unit — Rented at $650/month (1) 3-Bedroom Unit — Vacant and ready for renovation, offering excellent upside potential Each unit boasts large rooms, Stove, Fridge, Washer/Dryer Hook Ups, individual gas forced air heat, and gas water heaters for efficient utility management. Tenants are on month-to-month leases, and each pays their own gas, electric, and trash — with water included (single meter averaging approx. $100/month). Several windows have been replaced, and the property includes a spacious shared backyard for tenant enjoyment. Whether you're looking to expand your rental portfolio or take your first step into multifamily investing, this property checks all the boxes. Live in one and rent the other three, or renovate and re-lease at market rates for increased returns. Prime location in Greenville — close to schools, shopping, and downtown conveniences. Don’t miss this affordable entry into multi-unit ownership — with strong rent potential and room to grow. Showings will be for the vacant 3 bedroom unit (403) only. The other 3 occupied units can be viewed upon a mutually accepted contract.

Features

7 bedrooms

4 bathrooms

3670 sq. ft. floor area

7087 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Greenville over the last 12 months.

Property history for 403 Central Avenue

2025

Sold

$125,000

26 Nov 2025 by Jody Rhoades, of Leis Realty Company

Happy sellers in Greenville

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