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Renovated 8-Unit Multifamily Property
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280 E Forest Ave, South Lebanon, OH 45065

Four duplex buildings feature updated interiors and refreshed exterior improvements near downtown South Lebanon.

Property SizeContact for details
Days on Market144

Property Features for 280 E Forest Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Buildings 4
Listing Agency: Capstone Commercial Realty
Listed By: Dan Sharrer · License #RB17000075
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 11:05PM

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 Capstone Commercial Realty

Investment Insights

Based on property information with market context.

This multifamily property consists of four duplex buildings with eight total units. Renovation work has updated the interiors with new flooring, refreshed paint, and kitchens featuring modern fixtures and appliances. Exterior improvements include a new roof, replacement windows, and renewed paint across the buildings.

Located at 280 E Forest Ave in South Lebanon, the property sits near downtown and provides proximity to dining, shopping, and entertainment options. The surrounding setting is described as residential, combining access to downtown amenities with a neighborhood environment.

The combination of multiple duplex structures, eight units, and completed interior and exterior upgrades creates a clearly defined multifamily asset with improvements already in place.

Key Highlights

  • Four duplex buildings totaling 8 units
  • Renovated interiors with new flooring and updated paint
  • Kitchens include modern fixtures and appliances

Property Analytics

Current Use

280 E Forest ... Condominium Complex

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Kitchen & Bath Showroom Auto Parts Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby

Demographics for 45065, OH

6,725
Population
2,527
Households
2.7
Avg Household Size
35
Median Age
46%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
2,319
Density / Sq Mi
$107,222
Median Household Income
$49,045
Median Earnings
$1,011
Median Rent
$313,100
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?
Multifamily property - Four duplex buildings feature updated interiors and refreshed exterior improvements near downtown South Lebanon.
Where is this multifamily property located?
The property is located at 280 E Forest Ave South Lebanon, OH.
What are key features of this property?
This property features: Four duplex buildings totaling 8 units; Renovated interiors with new flooring and updated paint; Kitchens include modern fixtures and appliances
More about this property
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