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Six-Unit Apartment Building
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102 Union Street, New Richmond, OH 45157

Capital improvements, flexible tenancy, and one rent-ready vacancy support immediate leasing options.

Property Size8,430 SF
Price / SF$58.01
Days on Market10

Property Features for 102 Union Street

General Information

Standard status Active
Size 8,430 SF
Property subtype Multifamily
Occupancy 83%
Net Operating Income $41,298

Additional Details

Multifamily Units 6

Building Details

Year Built 1860
Buildings 2
Units 6
Tenancy Multi
Listing Agency: Real Brokerage Technologies
Listed By: Kate McMinn (Zieverink) · License #OH 2018001444
Source: Crexi
Added: Jul 27 Changed: Aug 4 Last Checked: Aug 5 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Brokerage Technologies

Investment Insights

Based on property information with market context.

Located at 102 Union Street in New Richmond, Ohio, this apartment property contains six units and 8,430 square feet. The building dates to 1860 and has received significant capital improvements since the current ownership acquired it.

Most units are leased on a month-to-month basis, providing flexibility as occupancy decisions are evaluated. One unit is currently rent-ready and vacant, creating an immediate leasing option or space for owner occupancy. An adjacent parcel is included with the sale. The property is agent owned.

Key Highlights

  • Six‑unit apartment property totaling 8,430 square feet
  • Significant capital improvements completed since acquisition
  • Predominantly month‑to‑month tenancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Hair Salon (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby

Demographics for 45157, OH

9,705
Population
4,069
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
91%
High-School Grad
41.1 sq mi
ZIP Area
236
Density / Sq Mi
$96,875
Median Household Income
$43,651
Median Earnings
$874
Median Rent
$232,700
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?
Apartment building - Capital improvements, flexible tenancy, and one rent-ready vacancy support immediate leasing options.
Where is this apartment building located?
The property is located at 102 Union Street New Richmond, OH.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 8,430 square feet; Significant capital improvements completed since acquisition; Predominantly month‑to‑month tenancy
More about this property
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