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    Three-Unit Ranch Triplex Title is generated by Realmo AI

    536 Beech Lane NW, New Philadelphia, OH 44663

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    Claim this Listing
    For Sale
    Under Contract
    $220,000

    MULTI_FAMILY - New Philadelphia, OH

    Property size:
    1,632 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $134/SF
    Added:
    Jun 12, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 536 Beech Lane NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
    Standard status
    Active Under Contract
    APN
    4302643000
    Size
    1,632 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    W SI 462
    Tax Annual Amount
    1960

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    1
    Building materials
    VinylSiding
    Roof type
    Asphalt, Fiberglass

    We can help!

    Contact an agent
    Michelle L DeCourcy

    Listing agent Michelle L DeCourcy License #2005003048

    Listing office McInturf Realty 1110 Tuscarawas Ave. NW, New Philadelphia, OH

    Listing date Jun 12, 2026

    MLS# 5218559 Listing URL

    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.

    HighLights

    • Triplex built in 1978 with three ranch‑style 1‑bedroom, 1‑bath units
    • Current monthly income of $2,300; tenants are on month‑to‑month leases
    • Each unit has its own heating and cooling system; tenants pay their own electric
    • All appliances convey with the sale
    • Recent updates include newer water heaters in two units, plus paint and flooring in one unit
    • Owner pays water, sewer, and trash; water source is public and sewer is public sewer

    Overview

    This well-maintained triplex includes three ranch-style units, each offering a one-bedroom, one-bath layout. Each unit has its own heating and cooling system, and all appliances will convey with the sale. Tenants are on month-to-month leases, and tenants pay their electric. The owner pays water, sewer, and trash.

    The property is located at 536 Beech Lane NW in New Philadelphia, Ohio. The lot size is approximately 0.0949 acres, and the total property size is listed as 1,632 square feet.

    For investors or owner-occupants seeking a turnkey structure, the current monthly income is reported as $2,300 with tenants in place. Recent updates include newer water heaters in two units, along with paint and flooring in one unit. Prospective buyers should plan for a showing with 24 hours’ notice.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $20.8k $12.72
    − Vacancy −$1.5k −$0.91
    EGI $19.3k $11.81
    − OpEx −$5.8k −$3.54
    NOI $13.5k $8.27
    1,632 SF · lease $12.72/SF/yr · vacancy 7.12% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $192.8K
    $168.7K – $225.0K (±1% cap)
    NOI $13,497 @ 7.0% cap · market cap 6.14%
    Second Best
    Apartment 5plus
    $170.8K
    $149.5K – $199.3K (±1% cap)
    NOI $11,956 @ 7.0% cap · market cap 5.43%
    Theoretical Best
    Office A
    $304.1K
    $266.1K – $354.8K (±1% cap)
    NOI $21,289 @ 7.0% cap · market cap 9.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    New Philadelphia
    County
    Tuscarawas
    State
    Ohio
    Longitude
    -81.455178
    Latitude
    40.493645

    FAQs

    What type of property is this?
    Triplex - Triplex with three one-bedroom, one-bath units, each with its own heating and cooling system.
    Where is this triplex located?
    The property is located at 536 Beech Lane NW New Philadelphia, OH.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Triplex built in 1978 with three ranch‑style 1‑bedroom, 1‑bath units; Current monthly income of $2,300; tenants are on month‑to‑month leases; Each unit has its own heating and cooling system; tenants pay their own electric
    More about this property
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