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    Ray, OH Multifamily Properties for Sale

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    Mcarthur, OH Jackson, OH Chillicothe, OH
    68 Acres Southern Ohio Retreat
    $750,000
    5,000 SF

    68 Acres Southern Ohio Retreat

    32530 Kelly Road, Ray, OH 45672

    Unique property near Hocking Hills with investment potential.

    • Nearly 68 acres of land with breathtaking views in Southern Ohio
    • 5,000 sq ft residence with 1,700 sq ft finished and occupied
    • Additional 1,700 sq ft fully framed, ready for customization
    • 2,200 sq ft basement with walk‑out access
    • Potential for multifamily home, wedding venue, bed & breakfast, or Airbnb
    Updated: Apr 20, 2025
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ray, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Nelsonville Duplex: Investment Opportunity
    $185,000
    2,480 SF

    Nelsonville Duplex: Investment Opportunity

    Duplex in Nelsonville, great for investors or homebuyers.

    1035/1037 Poplar St, Nelsonville, OH 45764
    View details
    Chillicothe Duplex For Sale
    $124,900
    0.10 Acres

    Chillicothe Duplex For Sale

    Duplex with two units, carport, conveniently located near amenities.

    24 Leggett Avenue, Chillicothe, OH 45601
    View details
    Chillicothe Duplex For Sale
    $134,900

    Chillicothe Duplex For Sale

    Duplex with two units, carport, convenient location.

    24 Leggett Avenue, Chillicothe, OH 45601
    View details
    Nelsonville Multifamily Investment Opportunity
    $226,300
    1,300 SF

    Nelsonville Multifamily Investment Opportunity

    Three-unit complex near downtown Nelsonville with income potential.

    106 E Franklin Street, Nelsonville, OH 45764
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Grove City Land Opportunity
    $182,000
    0.83 Acres

    Grove City Land Opportunity

    Land available in Grove City, suitable for residential or commercial.

    2120 Edwards Road, Grove City, OH 43123
    View details
    Versatile Charleston Property For Sale
    $1,500,000
    9.59 Acres

    Versatile Charleston Property For Sale

    9.59 acre property with multiple residential options and development potential.

    100 Sand Hill Mobile, Charleston, WV 25312
    View details
    Campton, KY Land For Sale
    $35,000
    2.35 Acres

    Campton, KY Land For Sale

    2.35 acre lot near Red River Gorge.

    Lower HollerTop Road lot: 31, Campton, KY 41301
    View details
    128 Acres with Development Potential
    $274,000
    128.00 Acres

    128 Acres with Development Potential

    128 acres with mineral rights, existing rental income.

    101 Shucky Bean Hollow Road, Jackson, KY 41339
    View details

    Ray, OH Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Ray, OH on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for multifamily properties in Ray, OH start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,408
    Population Growth (5Y) -7.8%
    Median Household Income $52,243
    College Educated 18.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Ray submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    45672 $750K

    Taxes & Financing

    Tax Rate (average for all types) 11.31%
    Average Loan-to-Value 65.0%

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