500 Eastern Avenue

New Lexington OH 43764

2500 sq. ft.

0.15 ac.

Duplex

Currently for sale - view listing

Overview

For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels—one for the duplex and one for the cottage—offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!

Features

6 bedrooms

3 bathrooms

2500 sq. ft. floor area

0.15 ac. lot size

Duplex

Property history for 500 Eastern Avenue

2023

Sold

$70,000

30 Mar 2023 by Jeni Agriesti, of SAYRE & MCMILLAN REAL ESTATE

Happy sellers in New Lexington

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Local market activity for 6 bedroom duplexes in New Lexington

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Joan Elflein

at Ohio Broker Direct

View listing

Sales:: (619) 566-0008

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