312 W Jefferson St New Carlisle, OH 45344

Listing agency Coldwell Banker Commercial Heritage Springboro

Listed by Kal Mughrabi · License #OH 360336

Source Crexi

Added: Apr 12 Updated: Jul 22 at 12:35AM Checked: Jul 22 at 12:35AM

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Investment Insights

Based on property information with market context.

This property was converted from a former local hotel into a five-unit residential building. The unit mix consists of three 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Garage income is provided separately, including a two-car garage and a one-car garage.

The current gross rents total $3,195 per month, not including the rents for the garages. Lease expirations and rents are as follows: Unit 1 at $750 (6/25), Unit 2 at $500 on a month-to-month basis, Unit 3 at $570 month-to-month, Unit 4 at $590 (12/2024), and Unit 5 at $785 (7/2025). The building is located at 312 W Jefferson St in New Carlisle, Ohio.

Key Highlights

• Converted multi‑family property now offers 5 total residential units: three 1 bed/1 bath and two 2 bed/1 bath units
• Current gross rents are $3,195/month (excluding garage rents), with additional income from attached 2‑car and 1‑car garages
• Unit rent/lease details include: Unit 1 $750 (6/25), Unit 2 $500 (month‑to‑month), Unit 3 $570 (month‑to‑month)

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FAQs

What type of property is this?

Apartment building - Converted into five residential units with three 1-bedroom and two 2-bedroom layouts, plus attached garage income.

Where is this apartment building located?

The property is located at 312 W Jefferson St New Carlisle, OH.

What are key features of this property?

This property features: Converted multi‑family property now offers 5 total residential units: three 1 bed/1 bath and two 2 bed/1 bath units; Current gross rents are $3,195/month (excluding garage rents), with additional income from attached 2‑car and 1‑car garages; Unit rent/lease details include: Unit 1 $750 (6/25), Unit 2 $500 (month‑to‑month), Unit 3 $570 (month‑to‑month)