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Stabilized 10-Unit Multifamily Property
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712 W LIGHT ST, Urbana, OH 43078

Multifamily property with 10 units in Urbana, Ohio.

Property Size2,646 SF
Price / SF$245.65
Days on Market104

Property Features for 712 W LIGHT ST

General Information

Standard status Active
Size 2,646 SF
Property subtype Multifamily
Net Operating Income $42,713

Building Details

Year Built 1973
Buildings 2
Stories 2
Listing Agency: Forge Real Estate Advisors
Listed By: Joey Miller · License #2021000671
Source: Crexi
Added: May 21 Changed: Aug 16 Last Checked: Aug 31 at 10:44AM

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 Forge Real Estate Advisors

Investment Insights

Based on property information with market context.

This stabilized multifamily property is located in Urbana, Ohio, and features 10 units. The property encompasses a total size of 2,646 square feet. It is suitable as an apartment building or residential income property.

Key Highlights

  • Stabilized property, great for immediate returns.
  • Features 10 units.
  • Urbana, OH location.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Bakery (Bike/Boat/Book/etc) Store Garden Center Electrical Service Daycare Center

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

223
Businesses Nearby

Demographics for 43078, OH

20,067
Population
8,904
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
133
Density / Sq Mi
$72,500
Median Household Income
$40,854
Median Earnings
$909
Median Rent
$176,300
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 - Multifamily property with 10 units in Urbana, Ohio.
Where is this apartment building located?
The property is located at 712 W LIGHT ST Urbana, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Stabilized property, great for immediate returns.; Features 10 units.; Urbana, OH location.
More about this property
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