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Renovated 3-Unit Triplex
For Sale
$169,900

52 W Washburn St, New London, OH 44851

Three residential units provide a six-bedroom configuration with updated kitchens and off-street parking.

Property Size2,200 SF
Price / SF$77.23
Days on Market8

Property Features for 52 W Washburn St

General Information

Standard status Active
Size 2,200 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR, 1 x 1BR, 1 x 3BR
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $784
Listing Agency: Keller Williams Elevate
Listed By: Tracy Jones · License #2017001982
Source: Exprealty
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 26 at 9:28PM

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 Keller Williams Elevate

Rey
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Investment Insights

Based on property information with market context.

This 2,200-square-foot triplex contains three units and six bedrooms: two in Unit A, one in Unit B, and three in Unit C. Kitchens across the property have stainless steel appliances and backsplash finishes, with LVP flooring in all units. Units A and B have been renovated, while Unit C received updates in 2025 and is currently occupied under a 12-month lease that began in June 2026.

Exterior features include new front siding, rear decks serving Units A and B, a rolling lot, and off-street parking.

Key Highlights

  • Three units with six bedrooms: two in Unit A, one in Unit B, and three in Unit C
  • 2,200 square feet of residential space
  • Unit C updated in 2025 and leased for $1,200 per month on a 12‑month term beginning June 2026

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 44851, OH

5,303
Population
2,238
Households
2.4
Avg Household Size
44
Median Age
12%
College-Educated
87%
High-School Grad
76.1 sq mi
ZIP Area
70
Density / Sq Mi
$62,458
Median Household Income
$41,687
Median Earnings
$831
Median Rent
$154,900
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?
Triplex - Three residential units provide a six-bedroom configuration with updated kitchens and off-street parking.
Where is this triplex located?
The property is located at 52 W Washburn St New London, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Three units with six bedrooms: two in Unit A, one in Unit B, and three in Unit C; 2,200 square feet of residential space; Unit C updated in 2025 and leased for $1,200 per month on a 12‑month term beginning June 2026
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