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Multifamily Property
New
For Sale
$280,000

251 Eastern Avenue, Leesburg, OH 45135

The residential income property is fully occupied, with no reported vacancy.

Property Size3,934 SF
Price / SF$71.17
Days on Market6

Property Features for 251 Eastern Avenue

General Information

Standard status Active
Size 3,934 SF
Property subtype Multi-Family
Occupancy 100%

Building Details

Year Built 1901
Listing Agency: Coldwell Banker Realty (513-321-9944)
Listed By: Tami Holmes · License #2005015284
Source: Tami-holmes
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 19 at 6:51AM

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 Realty (513-321-9944)

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Investment Insights

Based on property information with market context.

This 3,934-square-foot multifamily property in Leesburg was built in 1901. The residential income asset is fully occupied, with no vacancy reported.

Key Highlights

  • 3,934‑square‑foot multifamily property
  • Built in 1901
  • Fully occupied with no vacancy

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Cafe & Coffee Shop Home Appliance Store Bakery 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby

Demographics for 45135, OH

4,765
Population
2,046
Households
2.3
Avg Household Size
39
Median Age
22%
College-Educated
87%
High-School Grad
74.8 sq mi
ZIP Area
64
Density / Sq Mi
$77,373
Median Household Income
$50,676
Median Earnings
$904
Median Rent
$181,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The residential income property is fully occupied, with no reported vacancy.
Where is this multifamily property located?
The property is located at 251 Eastern Avenue Leesburg, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3,934‑square‑foot multifamily property; Built in 1901; Fully occupied with no vacancy
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