48-Unit Apartment
1631 Jackson Lane Middletown, OH 45044
1631 Jackson Lane, Middletown, OH, 45044
$3,750,000
For Sale
$3,750,000
Well-maintained 48-unit community with one-bedroom layouts, on-site leasing office, laundry facility, and recent roof and electrical upgrades.
Days on Market77
Property Features for 1631 Jackson Lane
General Information
- Standard status
- Active
- Property subtype
- MF
Building Details
- Year Built
- 1981
Listing agency
Don Dobbs
(937) 608-0100
Listed by
Ryan Riddell · License #0000418176
(937) 608-0100
Source
Realnex
Added: May 6 Updated: Jul 20 at 8:11PM Checked: Jul 21 at 2:56AM
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 Don Dobbs
Investment Insights
Based on property information with market context.
This well-maintained 48-unit multifamily community features 48 spacious one-bedroom, one-bath apartments, each with a living room, dining area, and kitchen. The property includes an on-site leasing office, a laundry facility, and a dog park for residents. Recent capital improvements include a new roof installed in 2022 and all new electrical service completed in 2023, and select units have received updates including new hot water heaters, flooring, countertops, and other interior finishes.
The property is located in Middletown, Ohio, between Dayton and Cincinnati. An on-site maintenance employee supports day-to-day operations, and those expenses are already incorporated into the current NOI. Rents are currently below market rate and have been trending upward as units turn over.
The property is located in Middletown, Ohio, between Dayton and Cincinnati. An on-site maintenance employee supports day-to-day operations, and those expenses are already incorporated into the current NOI. Rents are currently below market rate and have been trending upward as units turn over.
Key Highlights
- Well‑maintained 48‑unit multifamily community in Middletown, OH, built in 1981
- 48 one‑bedroom, one‑bath apartments with each unit featuring a living room, dining area, and kitchen
- On‑site amenities include a leasing office, laundry facility, and a dog park
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FAQs
What type of property is this?
Apartment building - Well-maintained 48-unit community with one-bedroom layouts, on-site leasing office, laundry facility, and recent roof and electrical upgrades.
Where is this apartment building located?
The property is located at 1631 Jackson Lane Middletown, OH.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Well‑maintained 48‑unit multifamily community in Middletown, OH, built in 1981; 48 one‑bedroom, one‑bath apartments with each unit featuring a living room, dining area, and kitchen; On‑site amenities include a leasing office, laundry facility, and a dog park