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    532 E Gambier St Mount Vernon, OH 43050

    For Sale
    $230,000

    Quadplex in Mount Vernon with immediate rental income potential.

    Property size:
    2,862 SF

    Property Features for 532 E Gambier St

    General Information

    Size
    2,862 SF

    Building Details

    Year built
    1910

    Source: Joseph Curry Agent Joseph Curry

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

    Overview

    Mount Vernon Quadplex Investment Opportunity

    This quadplex presents a sound investment opportunity, featuring four one-bedroom, one-bathroom units. Each unit currently commands $650 per month. The property is positioned for immediate rental income and future appreciation, offering a strategic investment in Mount Vernon's real estate market. The property size is 2862 square feet. Located in Knox County, Central Ohio, the area offers a blend of rural tranquility and vibrant community life, characterized by rolling hills, expansive farmlands, and charming small towns. Mount Vernon, the county seat, features a historic downtown with classic architecture, boutique shops, and local eateries.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Knox
    State
    Ohio
    Longitude
    -82.4746061
    Latitude
    40.3901348

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    FAQs

    What type of property is this?
    Quadplex - Quadplex in Mount Vernon with immediate rental income potential.
    Where is this quadplex located?
    The property is located at 532 E Gambier St Mount Vernon, OH.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Quadplex offers immediate rental income from four units.; - Each unit is a one-bedroom, one-bathroom layout.; - Each unit currently rents for $650 per month.
    (740) 485-2100
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    532 E Gambier St Mount Vernon, OH 43050
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    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
    532 E Gambier St Mount Vernon, OH 43050
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