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Triplex with Additional Vacant Parcel
For Sale
$189,000

89 Groveland St, Oberlin, OH 44074

As-is triplex near downtown Oberlin and Oberlin College, with renovation needs and a separate parcel behind the property.

Property SizeContact for details
Days on Market17

Property Features for 89 Groveland St

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence diamond in the rough

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,823
Listing Agency: Century 21 DeAnna Realty
Listed By: Scott A Smith
Source: Exprealty
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 21 at 12:41PM

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 Century 21 DeAnna Realty

Investment Insights

Based on property information with market context.

Located at 89 Groveland St in Oberlin, this triplex is offered in its current as-is condition and presents a renovation-focused ownership opportunity. The property includes three residential units and is suited to a buyer prepared to evaluate updates and improvements.

The building sits near downtown Oberlin and Oberlin College, placing it within walking distance of both destinations. An additional vacant parcel is located behind the triplex and is available for further review with the property.

Key Highlights

  • Triplex with three residential units
  • Offered in as‑is condition
  • Renovation and improvement opportunity

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 44074, OH

11,957
Population
4,038
Households
3
Avg Household Size
36
Median Age
43%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
235
Density / Sq Mi
$73,697
Median Household Income
$17,979
Median Earnings
$943
Median Rent
$229,000
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?
Triplex - As-is triplex near downtown Oberlin and Oberlin College, with renovation needs and a separate parcel behind the property.
Where is this triplex located?
The property is located at 89 Groveland St Oberlin, OH.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Triplex with three residential units; Offered in as‑is condition; Renovation and improvement opportunity
More about this property
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