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Property profile & analytics
OFF-MARKET
Small apartment buildings

202 Gay St Plain City, OH 43064

Built 1900
Property ID
US66-1410433
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming, two-story brick building located at 202 Gay Street in Plain City, Ohio, 43064. The property encompasses a total of approximately 4,188 square feet on a 6,534 square foot lot and consists of four apartment units, currently vacant. The main building, a two-story structure, offers approximately 3,168 square feet, currently configured as three apartments. A separate two-story coach house, totaling approximately 1,020 square feet, comprises the fourth unit. Both buildings are situated on a single parcel and are being sold together in "as-is" condition. The property, zoned B3 Commercial, is ideally located within Plain City's business district and falls within the Jonathan Alder School District. While requiring some renovations, this property offers significant upside potential for a savvy investor. The asking price is $475,000, translating to $113.42 per square foot. Built in 1900, the property includes an attractive backyard. This is a rare chance to acquire a multifamily property with commercial zoning in a desirable Ohio location.

Property profile
Verified
Property type Small apartment buildings
Year built 1900
UPID US66-1410433
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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