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Three-Unit Triplex with Full Occupancy
For Sale
$169,000

118 W Main Street New, London, OH 44851

Each residence includes three bedrooms and one bathroom, with baseboard and window-unit features.

Property SizeContact for details
Days on Market416

Property Features for 118 W Main Street New

General Information

Standard status Active
Property subtype Triplex
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

Baseboard
Window Unit(s)
Shingle

Building Details

Year Built 1972
Listing Agency: Keller Williams Elevate
Listed By: Tracy Jones · License #2017001982
Source: Kw
Added: Jul 3, 2025 Changed: Aug 21 Last Checked: Aug 21 at 2:19PM

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 Keller Williams Elevate

Investment Insights

Based on property information with market context.

This triplex contains three residential units, each configured with three bedrooms and one bathroom. The property was built in 1972 and includes baseboard and window-unit interior features, along with shingle exterior construction.

All three units are currently occupied, providing an existing fully leased configuration. The three-unit layout offers a straightforward multifamily property profile for an owner or investor seeking residential income-producing real estate.

Key Highlights

  • Three residential units, each with 3 bedrooms and 1 bathroom
  • All three units are fully occupied
  • Built in 1972

Property Analytics

Current Use

Heart of it All ... Real Estate Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Carpet & Flooring Store Catering Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

617
Businesses Nearby

Demographics for 44851, OH

5,303
Population
2,238
Households
2.4
Avg Household Size
44
Median Age
12%
College-Educated
87%
High-School Grad
76.1 sq mi
ZIP Area
70
Density / Sq Mi
$62,458
Median Household Income
$41,687
Median Earnings
$831
Median Rent
$154,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Each residence includes three bedrooms and one bathroom, with baseboard and window-unit features.
Where is this triplex located?
The property is located at 118 W Main Street New London, OH.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Three residential units, each with 3 bedrooms and 1 bathroom; All three units are fully occupied; Built in 1972
More about this property
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