Nine-Unit Apartment
For Sale
$630,000
1 W Main Street, South Vienna, OH 45369
MULTI_FAMILY - South Vienna, OH
Property Size7,775 SF
Lot Size0.13 Acres
Price / SF$81.03
Days on Market11
Property Features for 1 W Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Commercial, Multiple, Residential
Bedrooms
14
Bathrooms
12
Full bathrooms
12
Rooms
Bathroom 7, Bathroom 1, Bathroom 8, Bathroom 4, Bedroom 12, Bathroom 11, Bedroom 9, Bathroom 9, Bedroom 13, Bedroom 5, Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 11, Bedroom 14, Bedroom 10, Bathroom 3, Bathroom 10, Bedroom 1, Bedroom 4, Bathroom 6, Bathroom 12
Parking features
None
Basement
Full
Appliances
Range, Refrigerator
Subdivision
Old
Lot features
Residential Lot
Elementary school district
1203 Northeastern LSD
Middle school district
1203 Northeastern LSD
High school district
1203 Northeastern LSD
Directions
e national rd to e main st
Standard status
Active
APN
1500800012408001
Size
7,775 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1941
Floors in Building
2
Number of units
9
Building materials
Brick
Listing Agency:
eXp Realty
(513) 255-2886
Listed By:
Brittany Drake
(513) 255-2886
Added: Jul 23
Changed: Jul 31
Last Checked: Aug 2 at 8:06AM
MLS# 1047228
Copyright © 2026 West Metro Board 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.
Investment Insights
Based on property information with market context.
This nine-unit apartment building is fully occupied and features long-term tenants. Units include a stove/range and refrigerator. The owner covers water and trash expenses, while tenants are responsible for gas and electric.
The property is built with brick construction and was completed in 1941. Heating is provided via forced-air systems, and cooling is through window unit(s). Sewer service is public sewer.
The site covers 0.13 acres and totals 7,775 square feet. Located in South Vienna, Ohio, the property offers convenient access to I-70 for commuting.
The property is built with brick construction and was completed in 1941. Heating is provided via forced-air systems, and cooling is through window unit(s). Sewer service is public sewer.
The site covers 0.13 acres and totals 7,775 square feet. Located in South Vienna, Ohio, the property offers convenient access to I-70 for commuting.
Key Highlights
- Fully occupied nine‑unit apartment building with long‑term tenants
- Owner pays water and trash; tenants pay gas and electric
- Brick construction with forced‑air heating and window unit cooling
Financial Insights For Apartment 5plus
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 | $45.5k | $5.85 |
| − Vacancy | −$3.9k | −$0.50 |
| EGI | $41.6k | $5.35 |
| − OpEx | −$18.7k | −$2.41 |
| NOI | $22.9k | $2.94 |
7,775 SF · lease $5.85/SF/yr · vacancy 8.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$326.6K
$285.8K – $381.1K
NOI $22,865 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.17M
$1.90M – $2.53M
NOI $151,807 @ 7.0% cap · market cap 24.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 45369, OH
3,576
Population
1,690
Households
2.1
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
42.8 sq mi
ZIP Area
84
Density / Sq Mi
$96,500
Median Household Income
$41,531
Median Earnings
$912
Median Rent
$205,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Brick nine-unit apartment building with owner-paid water and trash and in-unit range and refrigerator provided.
Where is this apartment building located?
The property is located at 1 W Main Street South Vienna, OH.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Fully occupied nine‑unit apartment building with long‑term tenants; Owner pays water and trash; tenants pay gas and electric; Brick construction with forced‑air heating and window unit cooling
