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    306 Lexington Steam Corners Rd Lexington, OH 44904

    New
    Under Contract
    For Sale
    $240,000

    Split Level, Multi-Family - Lexington, OH

    Days on Market:
    4
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 306 Lexington Steam Corners Rd

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active Under Contract
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    2
    APN
    0482711504000
    Parking features
    Garage
    Interior features
    Paddle Fans, Wall/Wall Carpet
    Exterior features
    Paved Street
    Basement Y/N
    1
    Appliances
    Dishwasher, Range, Refrigerator, Washer, Water - Softener

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Architectural style
    Split Level

    Dream Huge Realty LLC (419) 566-8637 [email protected]

    Listing agent Candice Gerhart (419) 528-8260

    Listing date Dec 4, 2025

    MLS# 9069471 Listing URL

    Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex in Lexington, OH

    This is a well-maintained, fully occupied duplex located in Lexington, Ohio, within the Lexington School District. The property features two 2-bedroom, 1-bath units, providing immediate rental income. Each unit includes its own garage; one has a full basement, while the other has a garage/basement combination. Recent low-maintenance updates include water softeners installed in 2018 and new back decks also added in 2018. The roof was replaced in October 2022. One of the units has an upgraded HVAC system, a new dishwasher installed in 2022, and new carpet installed in 2019. In the other unit, the cast iron waste stack has been replaced. This property offers a great investment opportunity in a desirable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Gym & Fitness Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Richland
    State
    Ohio
    Longitude
    -82.5941866
    Latitude
    40.6805078

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with tenants in place, Lexington School District.
    Where is this duplex located?
    The property is located at 306 Lexington Steam Corners Rd Lexington, OH.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Turnkey Duplex: Fully occupied, providing immediate rental income.; - Two 2-Bedroom Units: Each unit offers comfortable living with 2 bedrooms and 1 bathroom.; - Individual Garages: Each unit has its own garage, one with a full basement.
    (419) 528-8260
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    Lexington, OH 44904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Lexington Steam Corners Rd Lexington, OH 44904
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