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Mount Vernon Triplex Investment Opportunity
For Sale
$175,000

803 W Chestnut St, Mount Vernon, OH 43050

Well-maintained triplex in Central Ohio with immediate income potential.

Property Size2,072 SF
Price / SF$84.46
Days on Market273

Property Features for 803 W Chestnut St

General Information

Standard status Active
Size 2,072 SF
Property subtype Multifamily

Building Details

Year Built 1900
Listing Agency:
Listed By: Joseph Curry · License #OH #2015001037
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 21 at 5:57AM

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 Joseph Curry

Investment Insights

Based on property information with market context.

This triplex presents an investment opportunity with three well-maintained units, each featuring one bedroom and one bathroom. The property is currently generating a total of $1,625 per month from rents of $500, $550, and $575 respectively. Located in Knox County, Central Ohio, the area offers a blend of rural tranquility and community life, characterized by rolling hills and farmlands. The county seat, Mount Vernon, features a historic downtown with architecture, shops, and local eateries. The property size is 2072 square feet.

Key Highlights

  • Lucrative investment opportunity with immediate income potential.
  • Triplex featuring three well‑maintained units.
  • Currently generating $1,625 per month in rental income.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Acupuncture Catering Service Home Appliance Store Travel Agency

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

771
Businesses Nearby

Demographics for 43050, OH

29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained triplex in Central Ohio with immediate income potential.
Where is this triplex located?
The property is located at 803 W Chestnut St Mount Vernon, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Lucrative investment opportunity with immediate income potential.; Triplex featuring three well‑maintained units.; Currently generating $1,625 per month in rental income.
More about this property
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