Apartment Building with 1- and 2-Bed
For Sale
Contact for pricing
Pending
700 W Harrison St, Paulding, OH 45879
32-unit apartment property in Paulding with a balanced one- and two-bedroom mix.
Property Size22,800 SF
Days on Market121
Property Features for 700 W Harrison St
General Information
Standard status
Pending
Size
22,800 SF
Class
C
Total Parking Spaces
48
Property subtype
Multifamily
Investment Type
Value Add
Additional Details
Multifamily Units
32
Building Details
Year Built
1971
Buildings
4
Units
32
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Indianapolis
Listed By:
Aaron Kuroiwa · License #IN RB17000780
Source:
Crexi
Added: May 8
Changed: Aug 8
Last Checked: Jul 24 at 3:55PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
Straley Apartments is a 32-unit apartment complex built in the early 1970s (1972–1974). The community is split evenly between sixteen two-bedroom apartments (approximately 775 square feet) and sixteen one-bedroom apartments (approximately 650 square feet). Current average rents are $675 for the two-bedroom units and $640 for the one-bedroom units.
The property is located at 700 W Harrison St in Paulding, Ohio, approximately 40 minutes from Fort Wayne. Its unit mix provides an even blend of one- and two-bedroom layouts, which can help support a steady range of household needs.
For investors seeking residential income housing, Straley Apartments offers a manageable 32-unit footprint with a straightforward configuration and a balanced mix of floorplans. Current rent levels are provided for both unit types, and market rent comparisons for two-bedroom and one-bedroom units are referenced in the offering materials, offering a basis for evaluating how the property’s in-place rents relate to comparable pricing.
The property is located at 700 W Harrison St in Paulding, Ohio, approximately 40 minutes from Fort Wayne. Its unit mix provides an even blend of one- and two-bedroom layouts, which can help support a steady range of household needs.
For investors seeking residential income housing, Straley Apartments offers a manageable 32-unit footprint with a straightforward configuration and a balanced mix of floorplans. Current rent levels are provided for both unit types, and market rent comparisons for two-bedroom and one-bedroom units are referenced in the offering materials, offering a basis for evaluating how the property’s in-place rents relate to comparable pricing.
Key Highlights
- 32‑unit apartment complex in Paulding, OH
- Unit mix: sixteen 1‑bedroom and sixteen 2‑bedroom apartments (50/50 mix)
- 1‑bedroom units average about 650 SF with current average rent of $640
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 45879, OH
5,963
Population
3,047
Households
2
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
103.4 sq mi
ZIP Area
58
Density / Sq Mi
$62,159
Median Household Income
$39,972
Median Earnings
$778
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 32-unit apartment property in Paulding with a balanced one- and two-bedroom mix.
Where is this apartment building located?
The property is located at 700 W Harrison St Paulding, OH.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 32‑unit apartment complex in Paulding, OH; Unit mix: sixteen 1‑bedroom and sixteen 2‑bedroom apartments (50/50 mix); 1‑bedroom units average about 650 SF with current average rent of $640
