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Mount Vernon Quadplex Investment Opportunity
For Sale
$230,000

532 E Gambier St, Mount Vernon, OH 43050

Quadplex in Mount Vernon with immediate rental income potential.

Property Size2,862 SF
Price / SF$80.36
Days on Market273

Property Features for 532 E Gambier St

General Information

Standard status Active
Size 2,862 SF
Property subtype Multifamily

Building Details

Building Size 2,862 SF
Year Built 1910
Listing Agency:
Listed By: Joseph Curry · License #OH #2015001037
Source: Svn
Added: Nov 21, 2025 Changed: Aug 17 Last Checked: Aug 21 at 5:16AM

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 Joseph Curry

Investment Insights

Based on property information with market context.

This quadplex presents a sound investment opportunity, featuring four one-bedroom, one-bathroom units. Each unit currently commands $650 per month. The property is positioned for immediate rental income and future appreciation, offering a strategic investment in Mount Vernon's real estate market. The property size is 2862 square feet. Located in Knox County, Central Ohio, the area offers a blend of rural tranquility and vibrant community life, characterized by rolling hills, expansive farmlands, and charming small towns. Mount Vernon, the county seat, features a historic downtown with classic architecture, boutique shops, and local eateries.

Key Highlights

  • Quadplex offers immediate rental income from four units.
  • Each unit is a one‑bedroom, one‑bathroom layout.
  • Each unit currently rents for $650 per month.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby

Demographics for 43050, OH

29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
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?
Quadplex - Quadplex in Mount Vernon with immediate rental income potential.
Where is this quadplex located?
The property is located at 532 E Gambier St Mount Vernon, OH.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Quadplex offers immediate rental income from four units.; Each unit is a one‑bedroom, one‑bathroom layout.; Each unit currently rents for $650 per month.
More about this property
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