Building Details

Year Built 1940

Buildings 3

Construction brick

Listing Agency: McInturf Realty m***@gmail.com Show Phone

Listed By: Michele D Lieser · License #440777 Show Phone

Source: Carolgoffrealestate

Added: Jan 12 Changed: Aug 29 Last Checked: Aug 29 at 11:28AM

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Investment Insights

Based on property information with market context.

This multifamily property includes 9 apartment rentals, 3 storage units, and a separate home across 3 parcels. The improvements include a brick building with 3 apartments and a second building with 5 units positioned above a garage. Additional storage areas are currently unused and may support at least 10 more storage units. The property was built in 1940.

All units are 100% occupied under month-to-month leases. Several tenants have remained for over 15 years. Residents pay electric service, while ownership covers water, sewer, and trash. The property is located at 126 4th Street SW in Strasburg, near schools, shopping, and I-77. Showings require 24-hour notice, with 48 hours suggested; full inspection is available with an accepted offer.

Key Highlights

• 9 apartment rentals plus 3 storage units
• Unused storage areas may support at least 10 additional units
• 100% occupied with all units on month‑to‑month leases

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

9

Residential units

100%

Occupancy

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

132

Businesses Nearby

Explore this area Business Placement

Demographics for 44680, OH

4,255

Population

1,778

Households

2.4

Avg Household Size

46

Median Age

18%

College-Educated

92%

High-School Grad

18.2 sq mi

ZIP Area

234

Density / Sq Mi

$64,737

Median Household Income

$40,208

Median Earnings

$823

Median Rent

$202,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property combining residential rentals, storage space, and a standalone home.

Where is this apartment building located?

The property is located at 126 4th Street SW Strasburg, OH.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: 9 apartment rentals plus 3 storage units; Unused storage areas may support at least 10 additional units; 100% occupied with all units on month‑to‑month leases