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500 Eastern Avenue, New Lexington, OH 43764
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$297,000
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Home Details for 500 Eastern Avenue
Price
$297,000
Type
Multi Family
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Year Build
1991
Sq. Ft.
2500
Lot Size
0.15
County
Perry
Basement
Crawl Space, Dirt Floor, Partially Finished
Tax
$1,238
MLS®️ Listing#
5149912
On exitrealty.com
155 days
Property Description
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!
- Cooling Information
- Ceiling Fan(s)
- Wall/Window Unit(s)
- Central Air
- Parking
- Gravel
- Kitchen Level
- On Site
- Basement
- Crawl Space
- Dirt Floor
- Partially Finished
- Heating Information
- Natural Gas
- Water Features
- Public
- House Interior
- Ceiling Fan(s)
Listing Courtesy: Ohio Broker Direct - 614-989-7215, joan@ohiobrokerdirect.com
The information being provided is 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. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-14 11:16:39
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