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500 Eastern Ave New Lexington, OH 43764

For Sale
$297,000

MULTI_FAMILY - New Lexington, OH

Property size:
2,500 SF
Lot size:
0.15 Acres
Days on Market:
32
Last Refresh:
Dec 15 at 8:06 am

Property Features for 500 Eastern Ave

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
TransactionType
Standard
Standard status
Active
Rooms
Bedroom 6, Bathroom 3, Laundry Room, Basement, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2
Bedrooms
6
Bathrooms
3
APN
270003010000
Interior features
CeilingFans
Appliances
Dryer, Refrigerator, Washer
Size
2,500 SF
Lot size
0.15 Acres

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air, Window Unit(s)
Water source
Public

Building Details

Year built
1991
Floors in Building
2
Building materials
VinylSiding
Roof type
Metal

Ohio Broker Direct (614) 989-7215 [email protected]

Listing agent Joan Elflein (614) 989-7215 License #386319

Listing date Nov 14, 2025

MLS# 5149912 Listing URL

Copyright © 2025 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.


Overview

Renovated Triplex Investment Opportunity

Located in New Lexington, Ohio, this fully renovated 3-unit property presents an income-generating opportunity. The turnkey investment features a duplex and a rear cottage-style unit, each with its own character. Renovated two years ago, all units include new HVAC systems, modern finishes, and updated utilities. 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 an opportunity to re-rent for additional income or for owner occupancy. 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. Situated near schools, a public park, basketball court, and swimming pool, this property is attractive to families and long-term tenants. The property size is 2500 square feet and the lot size is 0.15 acres.
Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
New Lexington
County
Perry
State
Ohio
Longitude
-82.200463
Latitude
39.712082

FAQs

What type of property is this?
Triplex - Fully renovated 3-unit property in New Lexington, Ohio.
Where is this triplex located?
The property is located at 500 Eastern Ave New Lexington, OH.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: - Fully renovated 3-unit property (duplex and cottage) offering immediate income generation.; - All units feature new HVAC systems, modern finishes, and updated utilities (renovated two years ago).; - Strong rental history with all units continuously leased since renovation; three active leases in place.
More about this property
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