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Triplex with Separate Utility Meters
For Sale
$149,900

825 Monroe St, Napoleon, OH 43545

Three-unit rental property with recent improvements, flexible occupancy, and a corner-lot setting near downtown amenities.

Property Size1,780 SF
Price / SF$84.21
Days on Market136

Property Features for 825 Monroe St

General Information

Standard status Active
Size 1,780 SF
Property subtype Residential Income

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Additional Details

Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: RE/MAX Preferred Associates
Listed By: Matthew Robert Watson
Source: Exprealty
Added: Apr 18 Changed: Aug 31 Last Checked: Aug 31 at 12:04AM

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 RE/MAX Preferred Associates

Investment Insights

Based on property information with market context.

Located at 825 Monroe St in Napoleon, Ohio, this triplex contains three residential units arranged as two one-bedroom apartments on the lower level and one two-bedroom apartment upstairs. Recent work includes foundation improvements, replacement flooring, refreshed paint, and updated drywall. Vinyl siding and a newer roof complete the exterior improvements.

Two units are occupied under month-to-month leases, while the remaining unit is vacant, recently updated, and ready for occupancy. Separate utility meters serve each unit, and the property sits on a large corner lot with ample parking. Its position near downtown amenities adds convenient access to the surrounding area.

Key Highlights

  • Three‑unit configuration with two one‑bedroom units and one two‑bedroom unit
  • Two occupied units have month‑to‑month leases; one vacant unit is rent‑ready
  • Recent foundation work, flooring, paint, and drywall improvements

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 43545, OH

13,954
Population
6,351
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
93%
High-School Grad
135.0 sq mi
ZIP Area
103
Density / Sq Mi
$78,165
Median Household Income
$43,914
Median Earnings
$858
Median Rent
$169,500
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 - Three-unit rental property with recent improvements, flexible occupancy, and a corner-lot setting near downtown amenities.
Where is this triplex located?
The property is located at 825 Monroe St Napoleon, OH.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three‑unit configuration with two one‑bedroom units and one two‑bedroom unit; Two occupied units have month‑to‑month leases; one vacant unit is rent‑ready; Recent foundation work, flooring, paint, and drywall improvements
More about this property
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