Five-Unit Apartment
For Sale
$525,000
194 Emmitt Ave., Waverly, OH 45690
Five residential units with multiple heat and electric heating systems, full basement, and on-site parking with month-to-month tenancies.
Property Size7,500 SF
Price / SF$70
Days on Market89
Property Features for 194 Emmitt Ave.
General Information
Standard status
Active
Size
7,500 SF
Additional Details
Multifamily Units
5
Building Details
Year Built
1870
Listing Agency:
ERA Martin & Associates (C)
Listed By:
Diane Carnes
(740) 774-4500
Source:
Thetomlinson
Added: Jun 12
Changed: Sep 8
Last Checked: Sep 7 at 11:39AM
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 ERA Martin & Associates (C)
Investment Insights
Based on property information with market context.
This income property includes five apartments total, with four large units in the main building and a fifth apartment in a separate 24-by-24 building located at the back of the lot. The property has a full basement and lots of parking in the rear. In the main building, there are two heat pumps and two electric furnaces, and the back building is served by a heat pump and an electric furnace.
Located at 194 E Emmitt Ave in Waverly, OH, the layout separates the main building units from the additional back-unit structure while maintaining consolidated access on the same site. Tenants are currently on a month-to-month basis.
For buyers looking for a manageable small multifamily setup, the combination of five units, rear parking, and a mix of heating systems provides flexibility for day-to-day operations. The owner pays utilities, which may simplify budgeting for a new owner. With month-to-month tenancies in place, the property may offer practical short-term leasing flexibility compared with longer fixed-term arrangements.
Located at 194 E Emmitt Ave in Waverly, OH, the layout separates the main building units from the additional back-unit structure while maintaining consolidated access on the same site. Tenants are currently on a month-to-month basis.
For buyers looking for a manageable small multifamily setup, the combination of five units, rear parking, and a mix of heating systems provides flexibility for day-to-day operations. The owner pays utilities, which may simplify budgeting for a new owner. With month-to-month tenancies in place, the property may offer practical short-term leasing flexibility compared with longer fixed-term arrangements.
Key Highlights
- Five residential units: 4 in the main building plus a 5th apartment in a 24x24 back building
- Full basement for the property
- On‑site parking in the back lot
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
Demographics for 45690, OH
13,527
Population
6,291
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
90%
High-School Grad
141.5 sq mi
ZIP Area
96
Density / Sq Mi
$48,201
Median Household Income
$41,069
Median Earnings
$922
Median Rent
$153,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five residential units with multiple heat and electric heating systems, full basement, and on-site parking with month-to-month tenancies.
Where is this apartment building located?
The property is located at 194 Emmitt Ave. Waverly, OH.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Five residential units: 4 in the main building plus a 5th apartment in a 24x24 back building; Full basement for the property; On‑site parking in the back lot
