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Property profile & analytics
OFF-MARKET
Apartment buildings

13806 Locust St Murray City, OH 43144

Built 1920
Property ID
Property summary
AI-generated overview

This exceptional three-unit apartment building, located at 13806 Locust Street in Murray City, Ohio, presents a compelling investment opportunity. Built in 1920, this property sits on a spacious 14,374.8 square foot lot and boasts 100% occupancy. The asking price is $154,555, translating to $73.39 per square foot. Each of the three one-bedroom units is currently leased, generating a combined monthly rental income of $1852 ($727, $575, and $550 respectively). Significant upgrades and improvements totaling $20,000 have been completed within the last three years, enhancing the property's value and appeal. The property's convenient location, just 7 miles from US Route 33 Freeway, ensures easy access to major transportation routes. The seller is motivated, making this a rare chance to acquire a profitable multifamily property in a desirable location at a competitive price. This is a turnkey investment ready for immediate cash flow. The property is situated in Hocking County, Ohio, zip code 43144. Serious inquiries are encouraged.

Property profile
Verified
Property type Apartment buildings
Year built 1920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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