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Turnkey Multifamily Investment Opportunity
For Sale
$375,000

106 Lind Street, Russells Point, OH 43348

COMMERCIAL - Russells Point, OH

Property Size2,928 SF
Lot Size0.15 Acres
Price / SF$128.07
Days on Market231

Property Features for 106 Lind Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Parking 4
Basement Crawl Space
Subdivision Salathiel Prater Allotment
Lot features Residential Lot
Directions 106 Lind Street A,B,C,D, Russells Point, OH 43348
Standard status Active
APN 520320502002000
Size 2,928 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Sewer type Public Sewer
Heating system Baseboard, Forced Air, Electric (Heating)
Water front features Lake Front, Lake
Water front 1

Building Details

Year built 1953
Flooring type Vinyl, Laminate
Building materials Vinyl Siding
Listing Agency: Key Realty
Listed By: Malia K. Hughes · License #2008001822
Added: Dec 17, 2025 Changed: Aug 5 Last Checked: Aug 5 at 5:06PM
MLS# 1043019

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Investment Insights

Based on property information with market context.

This turnkey, income-producing multi-family property is located in the heart of Indian Lake, directly across from the lake and just behind the Indian Head Restaurant. The property, situated on a 0.15-acre lot, consists of two separate cottages and a duplex, offering a boutique-style investment with diversified rental appeal. The total property size is 2928 square feet. All four units are currently rented, providing immediate and consistent cash flow. Numerous updates have been made across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. This fully operational property is ready to perform from day one, making it suitable for expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations.

Key Highlights

  • Four‑unit multi‑family property on a lake setting with waterfront features listed as lake front and lake
  • All units are currently rented, providing immediate rental income
  • Includes two separate cottages plus a third building configured as a duplex

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 43348, OH

1,880
Population
1,498
Households
1.3
Avg Household Size
47
Median Age
18%
College-Educated
86%
High-School Grad
2.3 sq mi
ZIP Area
817
Density / Sq Mi
$50,658
Median Household Income
$32,132
Median Earnings
$763
Median Rent
$147,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Income-producing four-unit property near Indian Lake, fully rented.
Where is this quadplex located?
The property is located at 106 Lind Street Russells Point, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four‑unit multi‑family property on a lake setting with waterfront features listed as lake front and lake; All units are currently rented, providing immediate rental income; Includes two separate cottages plus a third building configured as a duplex
More about this property
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