Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    803 W Chestnut St Mount Vernon, OH 43050

    For Sale
    $175,000

    Well-maintained triplex in Central Ohio with immediate income potential.

    Property size:
    2,072 SF

    Property Features for 803 W Chestnut St

    General Information

    Size
    2,072 SF

    Building Details

    Year built
    1900

    Source: Joseph Curry Agent Joseph Curry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mount Vernon Triplex Investment Opportunity

    This triplex presents an investment opportunity with three well-maintained units, each featuring one bedroom and one bathroom. The property is currently generating a total of $1,625 per month from rents of $500, $550, and $575 respectively. Located in Knox County, Central Ohio, the area offers a blend of rural tranquility and community life, characterized by rolling hills and farmlands. The county seat, Mount Vernon, features a historic downtown with architecture, shops, and local eateries. The property size is 2072 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.4957059
    Latitude
    40.3951795

    Nearby Similar for Sale

    • $499,990
      10,950 SF

      Mount Vernon Commercial Opportunity

      Unique commercial property with multiple income streams and development potential.
      310 Vine St, Mount Vernon, OH 43050
      View Details
    • $649,998
      5,920 SF

      Mount Vernon Commercial Garage Warehouse

      Commercial garage warehouse on State Route 13 with ample parking.
      800 N Sandusky St, Mount Vernon, OH 43050
      View Details
    • $189,900
      0.12 Acres

      Updated Duplex in Mount Vernon

      Move-in ready duplex, ideal for investors or owner-occupants.
      801 W Chestnut St, Mount Vernon, OH 43050
      View Details
    • $245,000
      1,020 SF

      Mount Vernon Office For Sale

      Office space suitable for professional services in Mount Vernon, OH.
      Mount Vernon, OH 43050
      View Details
    • $849,000
      11,000 SF

      Mount Vernon Self-Storage Investment

      11,000 SF industrial property with 61 self-storage units.
      715 North Sandusky St, Mount Vernon, OH 43050
      View Details
    • $2,100,000
      97,000 SF

      Mount Vernon Industrial Facility

      97,000 SF industrial building with cranes and ample parking.
      105 N Sandusky St, Mount Vernon, OH 43050
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Central Ohio with immediate income potential.
    Where is this triplex located?
    The property is located at 803 W Chestnut St Mount Vernon, OH.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Lucrative investment opportunity with immediate income potential.; - Triplex featuring three well-maintained units.; - Currently generating $1,625 per month in rental income.
    (740) 485-2100
    Request Owner's contact information
    803 W Chestnut St Mount Vernon, OH 43050
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    803 W Chestnut St
    Mount Vernon, OH 43050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    803 W Chestnut St Mount Vernon, OH 43050
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.