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7-Unit Apartment Building
For Lease
$332,000

7 N East Street, Gratis, OH 45330

The property includes appliances, a one-car garage, a maintenance room, and a sheltered outdoor common area.

Space SizeContact for details
Days on Market939

Property Features for 7 N East Street

General Information

Standard status Active
Zoning Commercial, Industry

Amenities

Smoke Detector
Outside Storage
Sidewalks

Building Details

Year Built 1880
Listing Agency: Coldwell Banker College R.E.
Listed By: Kathy Clapp
Source: Falgnerrealty
Added: Apr 3, 2024 Changed: Oct 26 Last Checked: Oct 26 at 3:46AM

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 Coldwell Banker College R.E.

Rey
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Investment Insights

Based on property information with market context.

This 7-unit apartment building dates to 1880 and includes appliances, a one-car garage, and a small maintenance room. Residents also have access to an outdoor common area with a covered shelter.

The property is zoned Commercial, Industry and is fully occupied. Tours require 24 hours’ notice to tenants.

Key Highlights

  • 7 apartment units; no vacancies
  • Built in 1880
  • Appliances included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 45330, OH

830
Population
370
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
93%
High-School Grad
0.9 sq mi
ZIP Area
922
Density / Sq Mi
$76,033
Median Household Income
$42,050
Median Earnings
$850
Median Rent
$143,000
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?
Apartment building - The property includes appliances, a one-car garage, a maintenance room, and a sheltered outdoor common area.
Where is this apartment building located?
The property is located at 7 N East Street Gratis, OH.
What is the lease rate?
The lease rate is $332,000.
What are key features of this property?
This property features: 7 apartment units; no vacancies; Built in 1880; Appliances included
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