Three-Unit Ranch
For Sale
Under Contract
$220,000
536 Beech Lane NW, New Philadelphia, OH 44663
MULTI_FAMILY - New Philadelphia, OH
Property Size1,632 SF
Lot Size0.09 Acres
Price / SF$134.80
Days on Market49
Property Features for 536 Beech Lane NW
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2
Subdivision
New Philadelphia
Elementary school district
New Philadelphia CSD - 7906
Middle school district
New Philadelphia CSD - 7906
High school district
New Philadelphia CSD - 7906
Directions
West High to 5th NW to Beech Lane.
Standard status
Active Under Contract
APN
4302643000
Size
1,632 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W SI 462
Tax Annual Amount
1960
Legal Description
W SI 462
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1978
Floors in Building
1
Building materials
VinylSiding
Roof type
Fiberglass, Asphalt
Listing Agency:
McInturf Realty
(330) 364-6648
Listed By:
Michelle L DeCourcy · License #2005003048
(330) 243-4060
Added: Jun 12
Changed: Jul 29
Last Checked: Jul 30 at 7:06PM
MLS# 5218559
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained triplex includes three ranch-style units, each offering a one-bedroom, one-bath layout. Each unit has its own heating and cooling system, and all appliances will convey with the sale. Tenants are on month-to-month leases, and tenants pay their electric. The owner pays water, sewer, and trash.
The property is located at 536 Beech Lane NW in New Philadelphia, Ohio. The lot size is approximately 0.0949 acres, and the total property size is listed as 1,632 square feet.
For investors or owner-occupants seeking a turnkey structure, the current monthly income is reported as $2,300 with tenants in place. Recent updates include newer water heaters in two units, along with paint and flooring in one unit. Prospective buyers should plan for a showing with 24 hours’ notice.
The property is located at 536 Beech Lane NW in New Philadelphia, Ohio. The lot size is approximately 0.0949 acres, and the total property size is listed as 1,632 square feet.
For investors or owner-occupants seeking a turnkey structure, the current monthly income is reported as $2,300 with tenants in place. Recent updates include newer water heaters in two units, along with paint and flooring in one unit. Prospective buyers should plan for a showing with 24 hours’ notice.
Key Highlights
- Three ranch‑style 1‑bedroom, 1‑bath units (triplex) with current monthly income of $2,300
- Tenants on month‑to‑month leases; tenants pay their electric
- Each unit has its own heating and cooling system
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.8k | $12.72 |
| − Vacancy | −$1.5k | −$0.91 |
| EGI | $19.3k | $11.81 |
| − OpEx | −$5.8k | −$3.54 |
| NOI | $13.5k | $8.27 |
1,632 SF · lease $12.72/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$192.8K
$168.7K – $225.0K
NOI $13,497 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$170.8K
$149.5K – $199.3K
NOI $11,956 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$304.1K
$266.1K – $354.8K
NOI $21,289 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 44663, OH
25,601
Population
11,702
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
96.2 sq mi
ZIP Area
266
Density / Sq Mi
$62,383
Median Household Income
$36,495
Median Earnings
$859
Median Rent
$177,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with three one-bedroom, one-bath units, each with its own heating and cooling system.
Where is this triplex located?
The property is located at 536 Beech Lane NW New Philadelphia, OH.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three ranch‑style 1‑bedroom, 1‑bath units (triplex) with current monthly income of $2,300; Tenants on month‑to‑month leases; tenants pay their electric; Each unit has its own heating and cooling system
