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Well-Located Triplex Investment
For Sale
$70,000

40 Second, Shelby, OH 44875

Tenant-occupied triplex with new plumbing and two long-term tenants generating gross monthly rent.

Property SizeContact for details
Days on Market50

Property Features for 40 Second

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Building Details

Year Built 1910
Stories 2
Listed By: Dream Huge Realty
Source: Dreamhuge.idxbroker
Added: Jul 20 Changed: Sep 1 Last Checked: Sep 7 at 4:46AM

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 Dream Huge Realty

Investment Insights

Based on property information with market context.

This triplex at 40 Second St is offered for sale as a tenant-occupied, income-producing property. The listing notes all new plumbing from the street to the faucets. Gross rent is reported at $1,900 per month with two long-term tenants in place. One unit has been renovated, while one unit remains in need of renovation, supporting potential updates to improve overall performance.

The property is sold as-is. Showings are by appointment only, and tenants are in place—please do not disturb. The listing agent is part of an LLC.

Key Highlights

  • Tenant‑occupied triplex built in 1910 at 40 Second St, Shelby, OH 44875
  • All new plumbing from the street to the faucets
  • Generates $1,900/month in gross rent with two long‑term tenants in place

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Tenant-occupied triplex with new plumbing and two long-term tenants generating gross monthly rent.
Where is this triplex located?
The property is located at 40 Second Shelby, OH.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Tenant‑occupied triplex built in 1910 at 40 Second St, Shelby, OH 44875; All new plumbing from the street to the faucets; Generates $1,900/month in gross rent with two long‑term tenants in place
More about this property
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