108-110 Main St Pleasantville, OH 43148
This exceptional multifamily investment opportunity presents a well-maintained nine-unit apartment building located at 108-110 S Main Street, Pleasantville, Ohio 43148. Built in 1970, this property sits on a substantial 18,295.2 square foot lot and offers a compelling 13.54% capitalization rate at the asking price of $334,900 ($56.25 per square foot). The property comprises three separate buildings, each housing multiple units, all currently rented, generating consistent income. A detailed profit and loss statement is available upon request. Each unit features individual electric meters, with only three water heaters remaining on gas. Water and trash services are covered by the property owner, while tenants are responsible for lawn maintenance. Most units have undergone cosmetic updates, showcasing moderate finishes. A significant garage space, frequently rented for supplemental income, presents potential for conversion into additional rental units. The seller is open to negotiating concessions based on the terms of acceptable offers. This self-managed property is offered by a motivated seller. Please note: Do not disturb tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.