5-Unit Converted Hotel
For Sale
Contact for pricing
312 W Jefferson St, New Carlisle, OH 45344
Converted into five residential units with three 1-bedroom and two 2-bedroom layouts, plus attached garage income.
Property SizeContact for details
Days on Market147
Property Features for 312 W Jefferson St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Heritage Springboro
Listed By:
Kal Mughrabi · License #OH 360336
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 9:23AM
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 Coldwell Banker Commercial Heritage Springboro
Investment Insights
Based on property information with market context.
This property was converted from a former local hotel into a five-unit residential building. The unit mix consists of three 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Garage income is provided separately, including a two-car garage and a one-car garage.
The current gross rents total $3,195 per month, not including the rents for the garages. Lease expirations and rents are as follows: Unit 1 at $750 (6/25), Unit 2 at $500 on a month-to-month basis, Unit 3 at $570 month-to-month, Unit 4 at $590 (12/2024), and Unit 5 at $785 (7/2025). The building is located at 312 W Jefferson St in New Carlisle, Ohio.
The current gross rents total $3,195 per month, not including the rents for the garages. Lease expirations and rents are as follows: Unit 1 at $750 (6/25), Unit 2 at $500 on a month-to-month basis, Unit 3 at $570 month-to-month, Unit 4 at $590 (12/2024), and Unit 5 at $785 (7/2025). The building is located at 312 W Jefferson St in New Carlisle, Ohio.
Key Highlights
- Converted multi‑family property now offers 5 total residential units: three 1 bed/1 bath and two 2 bed/1 bath units
- Current gross rents are $3,195/month (excluding garage rents), with additional income from attached 2‑car and 1‑car garages
- Unit rent/lease details include: Unit 1 $750 (6/25), Unit 2 $500 (month‑to‑month), Unit 3 $570 (month‑to‑month)
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 45344, OH
17,042
Population
7,174
Households
2.4
Avg Household Size
41
Median Age
18%
College-Educated
89%
High-School Grad
70.0 sq mi
ZIP Area
243
Density / Sq Mi
$71,627
Median Household Income
$42,084
Median Earnings
$854
Median Rent
$159,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Converted into five residential units with three 1-bedroom and two 2-bedroom layouts, plus attached garage income.
Where is this apartment building located?
The property is located at 312 W Jefferson St New Carlisle, OH.
What are key features of this property?
This property features: Converted multi‑family property now offers 5 total residential units: three 1 bed/1 bath and two 2 bed/1 bath units; Current gross rents are $3,195/month (excluding garage rents), with additional income from attached 2‑car and 1‑car garages; Unit rent/lease details include: Unit 1 $750 (6/25), Unit 2 $500 (month‑to‑month), Unit 3 $570 (month‑to‑month)
