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Property profile & analytics
OFF-MARKET
Investment properties

419 Spg St 19 Piqua, OH 45356-2335

1,740 SF 0.15 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US66-2108494
Property summary
AI-generated overview

This exceptional mixed-use property, located at 419 Spring Street in Piqua, Ohio, presents a compelling investment opportunity. The building comprises two units: a remodeled two-bedroom first-floor apartment currently renting for $935 per month, and a second-floor unit renting for $600 per month. Both units are fully occupied, generating consistent rental income. Recent improvements to the first-floor unit include a complete remodel, featuring a new deck and back porch, a new shower surround, fresh paint, and updated flooring. The property's sewer drain underwent professional repair, with a liner installed by CPR Pipes to address hairline cracks discovered during a previous inspection. This well-maintained building is conveniently situated within easy reach of downtown Piqua, offering tenants convenient access to local amenities and businesses. The asking price for this attractive investment is $149,000. The property is classified as multifamily, office, and mixed-use, encompassing apartment building, traditional office, and creative office subtypes. This presents a versatile opportunity for investors seeking a blend of residential and commercial income streams in a thriving Ohio community. The property's zip code is 45356, and it's located in Miami County.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 1,740 SF
Lot 0.15 ac (6,534 SF)
APN N44-000310
UPID US66-2108494
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Biggs Rental Properties LLC · 2 yrs held
Biggs Rental Properties LLC
since 2024
Last sale
$118,000
2 recorded transactions
2024
$118,000
2014
$43,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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