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Mount Vernon Duplex Investment Opportunity
For Sale
$145,000

708 W Chestnut St, Mount Vernon, OH 43050

Well-maintained duplex in Mount Vernon with immediate income potential.

Property Size1,558 SF
Price / SF$93.07
Days on Market273

Property Features for 708 W Chestnut St

General Information

Standard status Active
Size 1,558 SF
Property subtype Multifamily

Building Details

Year Built 1900
Listing Agency:
Listed By: Joseph Curry · License #OH #2015001037
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 21 at 5:23AM

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 Joseph Curry

Investment Insights

Based on property information with market context.

This well-maintained duplex offers an investment opportunity with a lucrative income stream. The property features two units: a one-bedroom, one-bath unit renting for $650 per month, and a two-bedroom, one-bath unit renting for $800 per month. The two-bedroom unit was renovated in 2020, with updates to the kitchen and bathroom. The property is located in Mount Vernon, the county seat of Knox County in Central Ohio, an area characterized by rolling hills, expansive farmlands, and charming small towns. Mount Vernon features a historic downtown with classic architecture, boutique shops, and local eateries. The property size is 1558 square feet.

Key Highlights

  • Turnkey investment property with immediate income stream.
  • Duplex with two units currently rented.
  • Two‑bedroom unit renovated in 2020 (kitchen and bathroom).

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Acupuncture Catering Service Home Appliance Store Travel Agency

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

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 43050, OH

29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
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?
Duplex - Well-maintained duplex in Mount Vernon with immediate income potential.
Where is this duplex located?
The property is located at 708 W Chestnut St Mount Vernon, OH.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Turnkey investment property with immediate income stream.; Duplex with two units currently rented.; Two‑bedroom unit **renovated in 2020** (kitchen and bathroom).
More about this property
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