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Fully Occupied 5-Unit Apartment Building
For Sale
$393,900

620 Stout Street, Napoleon, OH 43545

Five-unit property with central air, natural gas service, and on-site paved parking.

Property SizeContact for details
Days on Market120

Property Features for 620 Stout Street

General Information

Standard status Active
Property subtype Apartment
Occupancy 100%

Additional Details

Multifamily Units 5

Amenities

paved parking
Forced Air
Natural Gas
Central Air
Water Heater
Electric Oven
Electric Range
Range Hood
Refrigerator
Washer/Dryer Stacked
Patio, Water Connected, Natural Gas Connected, Electricity Connected, Sewer Connected, Asphalt

Building Details

Year Built 1993
Buildings 1
Stories 1
Listing Agency: Reiser Realty
Listed By: Margo M Behnfeldt
Source: Kw
Added: May 4 Changed: Aug 31 Last Checked: Aug 31 at 8:46AM

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 Reiser Realty

Investment Insights

Based on property information with market context.

Located at 620 Stout Street in Napoleon, Ohio, this 5-unit apartment building was constructed in 1993 and is fully occupied. The property combines practical residential layouts with central air, forced-air heating, natural gas service, and connected water, sewer, and electrical utilities.

Recent property updates include a newer roof and updated water heaters. Asphalt parking, a patio, and in-unit appliance packages with electric ovens, electric ranges, range hoods, refrigerators, and stacked washer/dryer units add operating convenience. The building is offered for sale with existing occupancy in place.

Key Highlights

  • 5‑unit apartment building at 620 Stout Street, Napoleon, OH 43545
  • Built in 1993 and fully occupied
  • Newer roof and updated water heaters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Spa & Massage Center Dental Office Kitchen & Bath Showroom

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

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

Demographics for 43545, OH

13,954
Population
6,351
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
93%
High-School Grad
135.0 sq mi
ZIP Area
103
Density / Sq Mi
$78,165
Median Household Income
$43,914
Median Earnings
$858
Median Rent
$169,500
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?
Apartment building - Five-unit property with central air, natural gas service, and on-site paved parking.
Where is this apartment building located?
The property is located at 620 Stout Street Napoleon, OH.
What is the asking price?
The asking price for this property is $393,900.
What are key features of this property?
This property features: 5‑unit apartment building at 620 Stout Street, Napoleon, OH 43545; Built in 1993 and fully occupied; Newer roof and updated water heaters
More about this property
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