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Three-Unit Multifamily Property
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235 Boyce Street, Urbana, OH 43078

Occupied units offer separate utility systems, recent carpet improvements, and updated windows across much of the property.

Property SizeContact for details
Days on Market153

Property Features for 235 Boyce Street

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%
Net Operating Income $1,771

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Units 3
Listing Agency: OwnerLand Realty, Inc.
Listed By: Nathan Slemmons · License #2020006299
Source: Crexi
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 11:42AM

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 OwnerLand Realty, Inc.

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes two one-bedroom apartments and one two-bedroom apartment, with the larger unit offering the possibility of creating a third bedroom. All units are occupied. Recent improvements include new carpet in both one-bedroom units, recently replaced carpet in the two-bedroom unit, and new windows throughout the majority of the property.

Each apartment has its own gas meter, furnace, electric service, and hot water heater. Tenants pay all utilities other than water, while the landlord bills water back to residents monthly. The property is located at 235 Boyce Street in Urbana, Ohio, with ample street parking on a quiet street. Rent rolls and financial statements are available upon request.

Key Highlights

  • Three‑unit property with two one‑bedroom units and one two‑bedroom unit
  • Potential to create a third bedroom in the two‑bedroom unit
  • All units are occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Bakery Pharmacy Electrical Service Garden Center Storage Facility

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

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby

Demographics for 43078, OH

20,067
Population
8,904
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
133
Density / Sq Mi
$72,500
Median Household Income
$40,854
Median Earnings
$909
Median Rent
$176,300
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?
Triplex - Occupied units offer separate utility systems, recent carpet improvements, and updated windows across much of the property.
Where is this triplex located?
The property is located at 235 Boyce Street Urbana, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three‑unit property with two one‑bedroom units and one two‑bedroom unit; Potential to create a third bedroom in the two‑bedroom unit; All units are occupied
(937) 594-9025 Call to check price and availability
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