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34-Unit All-Brick Apartment Building
For Sale
$2,875,000
Pending

109 Nora Dr, Frazeysburg, OH 43822

Well-maintained apartments feature two-bedroom layouts, two full baths, dishwashers, and in-unit laundry hookups.

Property SizeContact for details
Days on Market125

Property Features for 109 Nora Dr

General Information

Standard status Pending
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 34 x 2BR/2BA
Multifamily Units 34

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $26,277

Amenities

dishwashers
laundry hookups

Building Details

Year Built 2004
Construction all-brick
Listing Agency: Kiger Realty
Listed By: Diana L Hall · License #362256
Source: Exprealty
Added: Apr 28 Changed: Aug 30 Last Checked: May 31 at 2:26PM

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 Kiger Realty

Investment Insights

Based on property information with market context.

Built in 2004, this all-brick apartment property contains 34 units with two-bedroom, two-full-bath layouts. Each apartment includes a dishwasher and laundry hookups. The complex is described as well maintained and provides on-site parking.

The property is located at 109 Nora Drive in Frazeysburg, Ohio, within a manufacturing and industrial district. All units are currently occupied. Tenants pay electric and water/sewer expenses, while the owner pays for trash service.

Key Highlights

  • 34‑unit apartment property built in 2004
  • All‑brick construction with 100% occupancy
  • Each unit offers 2 bedrooms and 2 full baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Electrical Service Law Firm Grocery & Convenience Store Nail Salon

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

34
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 43822, OH

4,668
Population
2,060
Households
2.3
Avg Household Size
41
Median Age
12%
College-Educated
92%
High-School Grad
88.5 sq mi
ZIP Area
53
Density / Sq Mi
$60,423
Median Household Income
$38,297
Median Earnings
$730
Median Rent
$177,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Well-maintained apartments feature two-bedroom layouts, two full baths, dishwashers, and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 109 Nora Dr Frazeysburg, OH.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: 34‑unit apartment property built in 2004; All‑brick construction with 100% occupancy; Each unit offers 2 bedrooms and 2 full baths
More about this property
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