Building Details

Tenancy Multi

Listing Agency: Athens Real Estate Co Show Phone

Listed By: Ally Rapp Lee · License #OH 2015002306

Source: Crexi

Added: Apr 11 Changed: Aug 13 Last Checked: Aug 20 at 4:40PM

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Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of four separate buildings containing 11 total rental units, plus a large parking lot on-site. Current performance is reported at $6,820 per month gross income, with 9 of 11 units occupied at the time of listing.

The property is a short distance from Nelsonville’s Public Square. The listing also references nearby points of interest including Stuart’s Opera House and Rhapsody Restaurant, and notes a nearby hardware store for routine repairs.

Key Highlights

• Four buildings with 11 total units; on‑site parking lot included
• 9 of 11 units currently occupied
• Property currently grosses $6,820 per month

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Hair Salon Kitchen & Bath Showroom Bakery 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

11

Residential units

Multi-tenant

Tenancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

312

Businesses Nearby

Explore this area Business Placement

Demographics for 45764, OH

7,859

Population

3,525

Households

2.2

Avg Household Size

36

Median Age

12%

College-Educated

85%

High-School Grad

79.0 sq mi

ZIP Area

99

Density / Sq Mi

$47,978

Median Household Income

$31,688

Median Earnings

$761

Median Rent

$112,500

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?

Apartment building - Four buildings offer 11 total units with on-site parking lot; 9 of 11 units are currently occupied.

Where is this apartment building located?

The property is located at 178 W Washington St Nelsonville, OH.

What are key features of this property?

This property features: Four buildings with 11 total units; on‑site parking lot included; 9 of 11 units currently occupied; Property currently grosses $6,820 per month