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: Oct 3 Last Checked: Oct 16 at 7:34AM

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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

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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

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Current Use

Apartment buildings

Suggested Use

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

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

Explore this area Business Placement

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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Contact for pricing

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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.