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Duplex Property with Pond
For Sale
$525,000

40822 Oh-18, Wellington, OH 44090

ResidentialIncome, Wellington, OH

Property SizeContact for details
Lot Size7.44 Acres
Days on Market54

Property Features for 40822 Oh-18

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1
Parking features Open, Garage
Subdivision Penfield Sec 4
Lot features Pond On Lot
Elementary school district Keystone LSD - 4708
Middle school district Keystone LSD - 4708
High school district Keystone LSD - 4708
Directions On State Route 18 between Wellington and Litchfield. Just east of Route 301.
Standard status Active
APN 19-04-012-000-021
Lot size 7.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FRNT 0000.00 DPTH 0000.00
Tax Annual Amount 4502
Legal Description FRNT 0000.00 DPTH 0000.00

Utilities

Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

covered porch
garage
pond

Building Details

Year built 1900
Floors in Building 2
Building materials VinylSiding
Roof type Fiberglass, Asphalt
Listing Agency: Russell Real Estate Services
Listed By: Denise M Zarycki · License #2014003977
Added: Jul 8 Changed: Aug 20 Last Checked: Aug 30 at 5:06PM
MLS# 5225958

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 duplex, built in 1900, contains two distinct residential units with separate utilities except for shared water service. The upper residence includes two bedrooms, one and a half baths, living and dining areas, a kitchen, family room, laundry and utility space, plus a covered porch. The lower residence offers three bedrooms, two full baths, kitchen, dining and living areas, a large flex room, and its own covered porch. A three-car garage, additional gravel parking, vinyl siding scheduled for installation before transfer, forced-air natural gas heat, central air, public water, and septic service support the property. The layout may also be restored for single-family use.

The property encompasses 7.44 acres with a pond and sits beside Penfield Recreation Park, which includes a playground, picnic tables, a ball field, and walking trails. Medina and Lodi are within 20 minutes, while Findley State Park is approximately 10 minutes away.

Key Highlights

  • Two‑unit duplex on 7.44 acres with a pond
  • Upper unit has 2 bedrooms and 1.5 baths; lower unit has 3 bedrooms and 2 full baths
  • Three‑car garage plus gravel parking area

Property Analytics

Current Use

Duplexes

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

13
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

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?
Duplex - Two residential units feature separate utilities, covered porches, and flexible layouts across a substantial rural holding.
Where is this duplex located?
The property is located at 40822 Oh-18 Wellington, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex on 7.44 acres with a pond; Upper unit has 2 bedrooms and 1.5 baths; lower unit has 3 bedrooms and 2 full baths; Three‑car garage plus gravel parking area
More about this property
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