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Mount Vernon Duplex For Sale
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708 W Chestnut Street, Mount Vernon, OH 43050

Duplex in Mount Vernon with two units for sale.

Property SizeContact for details
Days on Market932

Property Features for 708 W Chestnut Street

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $14,600

Building Details

Year Built 1900
Units 2
Listing Agency: SVN | Wilson Commercial Group, LLC
Listed By: Joe Curry · License #2015001037
Source: Crexi
Added: Feb 11, 2024 Changed: Aug 22 Last Checked: Aug 29 at 10:54PM

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 SVN | Wilson Commercial Group, LLC

Investment Insights

Based on property information with market context.

This property is an up/down duplex. The upper unit features one bedroom and one bathroom and is rented for $650 per month. The lower unit includes two bedrooms and one bathroom and is rented for $800 per month.

Key Highlights

  • Up/Down duplex provides immediate rental income
  • Two separate units offer diverse tenant options
  • Lower unit: Two bedroom, one bath, currently rented for $800 monthly

Property Analytics

Current Use

Duplexes

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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Mount Vernon with two units for sale.
Where is this duplex located?
The property is located at 708 W Chestnut Street Mount Vernon, OH.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Up/Down duplex provides immediate rental income; Two separate units offer diverse tenant options; Lower unit: Two bedroom, one bath, currently rented for $800 monthly
More about this property
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