3-Unit Rental Property with
305 N Broadway Street, Spencerville, OH 45887
For Sale
$199,000
Industrial zoning applies to this residential income property, with outdoor areas and a detached garage serving the rental configuration.
Property SizeContact for details
Days on Market13
Property Features for 305 N Broadway Street
General Information
Standard status
Property subtype
Zoning
Net Operating Income
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
masonry porch
wood decks
enclosed porches
garage
true
3
4
false
Public
63 x 155
See Remarks
Listing Agency:
Superior Plus Realtors
Listed By:
Tim Stanford · License #BRKP.0000331263-Ohio
(419) 222-3040
Source:
Koehlerrealty
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 2:31PM
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 Superior Plus Realtors
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Investment Insights
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Configured as three rental units, the main structure has 1,283 square feet on the first floor and 909 square feet upstairs. The layout includes four bedrooms and three full bathrooms. Outdoor features include a 281-square-foot masonry porch, multiple wood decks, and two enclosed porches. A detached frame garage adds 360 square feet of storage space. The property is zoned Industrial.
At 305 N Broadway Street in Spencerville, the parcel measures 63 x 155. The residential layout, outdoor areas, and separate garage are components of the existing property configuration.
At 305 N Broadway Street in Spencerville, the parcel measures 63 x 155. The residential layout, outdoor areas, and separate garage are components of the existing property configuration.
Key Highlights
- Three‑unit rental configuration with four bedrooms and three full bathrooms
- 1,283‑square‑foot first floor and 909‑square‑foot upper level
- Industrial zoning
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
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Business Placement
Demographics for 45887, OH
4,688
Population
1,863
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
91%
High-School Grad
69.7 sq mi
ZIP Area
67
Density / Sq Mi
$62,838
Median Household Income
$46,667
Median Earnings
$808
Median Rent
$185,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Industrial zoning applies to this residential income property, with outdoor areas and a detached garage serving the rental configuration.
Where is this triplex located?
The property is located at 305 N Broadway Street Spencerville, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three‑unit rental configuration with four bedrooms and three full bathrooms; 1,283‑square‑foot first floor and 909‑square‑foot upper level; Industrial zoning
