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    501 W Pike St Morrow, OH 45152

    For Sale
    $300,000

    MULTI_FAMILY - Morrow, OH

    Property size:
    1,942 SF
    Lot size:
    0.52 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 501 W Pike St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Vinyl Frames
    APN
    1712103008
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Interior features
    220 Volt
    Exterior features
    Porch, Balcony
    Fireplace
    1
    Size
    1,942 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Keller Williams Pinnacle Group, LLC (513) 277-0996 [email protected]

    Listing agent John Bissman

    Listing date Sep 29, 2025

    MLS# 1854038 Listing URL

    Copyright © 2025 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multi-Family Investment Property

    This updated multi-family property in Morrow, Ohio, presents a great investment opportunity. It features two 2-bed/1-bath units, plus a potential 1-bed/1-bath unit in the basement. The upper unit is currently rented at $800 per month, and a barn is rented at $750 per month, both considered under market value. A 30x50 pole barn with a concrete slab, 200-amp electric service, and 220 wiring is included. The property is zoned B2 and offers parking access from both Pike Street and Kibbey Road. It is not located in the updated flood plain. The upper unit and garage are tenant-occupied, requiring 24-hour notice for showings. The main unit and basement are viewable by appointment. The property size is 1942 square feet and sits on a 0.52-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Warren
    State
    Ohio
    Longitude
    -84.136445
    Latitude
    39.35466

    Nearby Similar for Sale

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    • Contact for pricing
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      55,000 SF Retail Center

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    FAQs

    What type of property is this?
    Duplex - Morrow multi-family property with rental income and potential.
    Where is this duplex located?
    The property is located at 501 W Pike St Morrow, OH.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Updated multi-family property featuring two 2-bed/1-bath units plus potential for a 1-bed/1-bath unit in the basement.; - 30x50 pole barn with concrete slab, 200-amp electric, and 220 wiring.; - Zoned B2 with parking from Pike St or Kibbey Rd.
    (513) 277-0996
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    501 W Pike St Morrow, OH 45152
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    Morrow, OH 45152
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    501 W Pike St Morrow, OH 45152
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