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Nine-Unit Income Producing Multifamily
For Sale
Contact for pricing
Pending

259 N Union Avenue, Alliance, OH 44601

Nine-unit income property with tenant-paid utilities (except trash) and included parcels, currently 100% occupied.

Property SizeContact for details
Days on Market142

Property Features for 259 N Union Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Cutler Real Estate
Listed By: Alex Thompson · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 19 Last Checked: Aug 29 at 10:10PM

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 Cutler Real Estate

Investment Insights

Based on property information with market context.

This nine-unit income-producing multifamily property is offered for sale with tenants paying all utilities except for trash. The building is currently reported at 100% occupancy with a rental history, and gross income is noted as $42,180 annually.

The offering includes parcels 109162, 103956, and 109163. The property is zoned commercial, providing flexibility for buyers evaluating use and occupancy consistent with local requirements.

Additional details on the unit mix, interior condition, and the specific utility arrangements are not provided in the information available, so due diligence is recommended to confirm all operating terms.

Key Highlights

  • 9‑unit income property with 100% occupancy
  • Gross income of $42,180 per year
  • Tenants pay all utilities except trash

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Electrical Service Spa & Massage Center Plumbing 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.

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 44601, OH

33,688
Population
14,532
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
82.0 sq mi
ZIP Area
411
Density / Sq Mi
$61,887
Median Household Income
$33,773
Median Earnings
$803
Median Rent
$142,600
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 - Nine-unit income property with tenant-paid utilities (except trash) and included parcels, currently 100% occupied.
Where is this apartment building located?
The property is located at 259 N Union Avenue Alliance, OH.
What are key features of this property?
This property features: 9‑unit income property with 100% occupancy; Gross income of $42,180 per year; Tenants pay all utilities except trash
More about this property
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