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Two-Building Multifamily Property
For Sale
$375,000

1404 Eastern Ave, Gallipolis, OH 45631

Multi Family, Multi-Home, Gallipolis, OH

Property Size1,200 SF
Lot Size0.38 Acres
Price / SF$312.50
Days on Market47

Property Features for 1404 Eastern Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1
Interior features Flooring- Vinyl
Standard status Active
APN 00704608100,00704608
Size 1,200 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Annual Amount 3502

Utilities

Heating system Wall Furnace
Cooling system Window Unit(s)

Building Details

Year built 1950
Number of units 2
Roof type Metal
Architectural style Other
Listing Agency: Wiseman Real Estate
Listed By: Joshua Bodimer · License #BRKP.2016000145
Added: Jul 31 Changed: Sep 14 Last Checked: Sep 15 at 8:06AM
MLS# 2435317

Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property includes two existing buildings on a 0.38-acre parcel, with a combined property size of 1,200 square feet. The improvements date to 1950 and include four bedrooms and two bathrooms. Interior features include vinyl flooring, while wall furnaces and window units provide heating and cooling. A metal roof serves the buildings.

The property fronts approximately 100 feet along Eastern Avenue and provides 190 feet of access along Lincoln Avenue in Gallipolis. Commercial zoning supports the property's existing income-producing configuration and provides a basis for evaluating future commercial use. The site is identified by postal code 45631.

Key Highlights

  • Two existing buildings generating rental income
  • 0.38‑acre parcel with 1,200 square feet of improvements
  • Approximately 100 feet of frontage along Eastern Avenue

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Locksmith (Bike/Boat/Book/etc) Store Barber Shop Nail Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 45631, OH

14,200
Population
6,328
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
87%
High-School Grad
114.6 sq mi
ZIP Area
124
Density / Sq Mi
$54,772
Median Household Income
$36,382
Median Earnings
$807
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Commercially zoned property with two existing buildings and rental income from established residential improvements.
Where is this multifamily property located?
The property is located at 1404 Eastern Ave Gallipolis, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two existing buildings generating rental income; 0.38‑acre parcel with 1,200 square feet of improvements; Approximately 100 feet of frontage along Eastern Avenue
More about this property
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