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Four-Unit Residential Income Property
For Sale
Contact for pricing
Pending

102-104 N Greenlawn Ave, Elida, OH 45807

Four units are currently occupied, with tenants paying most utilities and the landlord covering water and trash.

Property SizeContact for details
Days on Market148

Property Features for 102-104 N Greenlawn Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 4
Listing Agency: Superior PLUS Realtors
Listed By: Scott Weaver · License #SAL.2012000190
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Sep 2 at 3:32AM

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 Superior PLUS Realtors

Investment Insights

Based on property information with market context.

This four-unit residential income property is set up as a 2-building address, 102–104 N. Greenlawn Ave., and features four units that are currently occupied by long-term tenants. Each tenant pays their own utilities, except for water and trash, which are paid by the landlord. The units do not have air conditioning. Rent varies by unit, ranging from $500 to $650 per month.

The property offers plenty of parking, including a driveway on the south side of the building and a drive behind the lot. It is located in the village of Elida, within the Elida Schools district.

From a configuration standpoint, the asset provides a compact four-unit layout with shared outdoor parking areas, supporting straightforward day-to-day management.

Key Highlights

  • 4‑unit multi‑family property at 102‑104 N. Greenlawn Ave. in Elida Schools
  • All 4 units are currently occupied with long‑term tenants
  • Tenants pay their own utilities; landlord pays water and trash

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Restaurant Building Supply Auto Parts Store Hair Salon Spa & Massage Center

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby

Demographics for 45807, OH

11,856
Population
5,109
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
96%
High-School Grad
75.4 sq mi
ZIP Area
157
Density / Sq Mi
$74,387
Median Household Income
$41,645
Median Earnings
$967
Median Rent
$192,800
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?
Quadplex - Four units are currently occupied, with tenants paying most utilities and the landlord covering water and trash.
Where is this quadplex located?
The property is located at 102-104 N Greenlawn Ave Elida, OH.
What are key features of this property?
This property features: 4‑unit multi‑family property at 102‑104 N. Greenlawn Ave. in Elida Schools; All 4 units are currently occupied with long‑term tenants; Tenants pay their own utilities; landlord pays water and trash
More about this property
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