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Multi-Family and Ranch Investment Property
For Sale
$449,900

1 Pitts Road, Wellington, OH 44090

ResidentialIncome, Wellington, OH

Property SizeContact for details
Lot Size4.00 Acres
Days on Market92

Property Features for 1 Pitts Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 2, Bedroom 4, Basement, Bedroom 6
Parking features Driveway
Appliances Dryer, Range, Refrigerator, Washer
Lot features Additional Land Available, Corner Lot
Elementary school district Wellington EVSD - 4715
Middle school district Wellington EVSD - 4715
High school district Wellington EVSD - 4715
Directions Pitt & Rt 18 corner
Standard status Active
APN 18-00-039-000-023
Lot size 4.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UPDATE LEGAL
Legal Description UPDATE LEGAL

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 1
Building materials VinylSiding
Roof type Metal, Asphalt
Listing Agency: Keller Williams Citywide · Keller Williams Realty
Listed By: Christopher Higgins · License #2001004219
Added: Jun 10 Changed: Sep 1 Last Checked: Sep 9 at 6:06PM
MLS# 5217739

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes two separate 2-acre parcels totaling 4 acres, containing a 4-unit multi-family building and an attached single-family ranch home with a full basement. The properties are described as extremely well maintained, and both feature long-term month-to-month tenants. The 4-unit building includes appliances, and it also generates additional laundry income through coin-operated washer and dryer units. Sheds are on-site, and parking is supported by ample space with a turnaround driveway. The single-family ranch home also includes appliances.

The parcels are positioned adjacent to and overlooking an additional 6 acres of vacant rolling and partially wooded land, which includes approximately 300 feet of frontage on Charlemont Creek and is available for purchase separately. This combined layout provides flexibility for buyers evaluating a multi-asset housing setup alongside the option to add acreage later.

From a tenant- and operator-fit standpoint, the combination of a small multi-family and a ranch home can support a mixed residential approach on a single ownership track. The 4-unit has recent exterior and efficiency-related updates, including new siding, windows, panels, heat exchangers, and attic insulation. Prospective buyers should note rents are reported as under market, and possible terms are available.

Key Highlights

  • Two separate 2‑acre parcels totaling 4 acres: 4‑unit multi‑family plus a single‑family ranch with full basement
  • 4‑unit includes coin‑op washer and dryer income; all units include appliances (washer, dryer, range, refrigerator)
  • Parking includes a driveway with turnaround area; sheds on the property

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Building Supply Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 44090, OH

11,085
Population
4,241
Households
2.6
Avg Household Size
46
Median Age
26%
College-Educated
92%
High-School Grad
100.8 sq mi
ZIP Area
110
Density / Sq Mi
$78,318
Median Household Income
$44,337
Median Earnings
$794
Median Rent
$229,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two parcels total 4 acres, featuring a 4-unit building with coin-op laundry and a ranch home with full basement.
Where is this quadplex located?
The property is located at 1 Pitts Road Wellington, OH.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two separate 2‑acre parcels totaling 4 acres: 4‑unit multi‑family plus a single‑family ranch with full basement; 4‑unit includes coin‑op washer and dryer income; all units include appliances (washer, dryer, range, refrigerator); Parking includes a driveway with turnaround area; sheds on the property
More about this property
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