Three-Unit Triplex with
96 98 100 N McDonald St, The Plains, OH 45780
For Sale
$299,000
Multi Family, Triplex, The Plains, OH
Property Size3,054 SF
Lot Size0.29 Acres
Price / SF$97.90
Days on Market95
Property Features for 96 98 100 N McDonald St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Interior features
Appliances
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
washer/dryer hookup
decks
Building Details
Year built
Number of units
Roof type
Architectural style
Listing Agency:
e-Merge Real Estate
(614) 678-5505
Listed By:
Dan Abdella · License #0000441791
(740) 591-7797
Added: Aug 5
Changed: Nov 7
Last Checked: Nov 7 at 11:06PM
MLS# 2435349
Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,054-square-foot triplex, built in 1996, contains three occupied residences with a consistent two-bedroom, one-and-a-half-bath layout. Each unit includes washer/dryer hookups, rear deck access, and its own kitchen appliances, including an electric range, refrigerator, dishwasher, and range hood. Interior finishes include carpet, tile, vinyl flooring, and solid-surface countertops. Forced-air electric heat and central air serve the property, which sits on a 0.29-acre lot with a shingle roof.
The property is located near Athens High School, Eclipse Company Store, and the Hockhocking Adena Bikeway. Its setting also provides access toward Athens and Ohio University, as well as Nelsonville and Hocking College. The three-unit configuration and occupied status provide a straightforward multifamily format for an owner or investor evaluating an established residential rental property.
The property is located near Athens High School, Eclipse Company Store, and the Hockhocking Adena Bikeway. Its setting also provides access toward Athens and Ohio University, as well as Nelsonville and Hocking College. The three-unit configuration and occupied status provide a straightforward multifamily format for an owner or investor evaluating an established residential rental property.
Key Highlights
- Three occupied units within a 3,054‑square‑foot triplex
- Each unit has 2 bedrooms and 1.5 bathrooms
- Built in 1996 on a 0.29‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,856
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,120
$537.1K
Cap Rate 7%
$383,657
$383.7K
Cap Rate 9%
$298,400
$298.4K
Market Conditions
NOI Build-Up for 3,054 SF
Gross rent
$45.1K $14.76/SF
− Vacancy
−$6.7K −$2.20/SF
EGI
$38.4K $12.56/SF
− OpEx
−$11.5K −$3.77/SF
NOI
$26.9K $8.79/SF
Area
Athens County, OH
Vacancy
14.89%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,120
Cap Rate 7%
$383,657
Cap Rate 9%
$298,400
Alternative Uses
Best Use
Multifamily LT 5
$383.7K
$335.7K – $447.6K
NOI $26,856 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$352.1K
$308.1K – $410.8K
NOI $24,647 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$697.5K
$610.3K – $813.7K
NOI $48,824 @ 7.0% cap · market cap 16.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
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Business Placement
Demographics for 45780, OH
3,328
Population
1,652
Households
2
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
2.9 sq mi
ZIP Area
1,148
Density / Sq Mi
$51,789
Median Household Income
$54,196
Median Earnings
$895
Median Rent
$246,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence offers two bedrooms, one and a half bathrooms, and washer/dryer hookups.
Where is this triplex located?
The property is located at 96 98 100 N McDonald St The Plains, OH.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three occupied units within a 3,054‑square‑foot triplex; Each unit has 2 bedrooms and 1.5 bathrooms; Built in 1996 on a 0.29‑acre lot
