New Richmond, OH Residential Income Properties for Sale

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Monroe Twp, OH Amelia, OH Bethel, OH Batavia, OH Melbourne, KY Moscow, OH Sardinia, OH Cincinnati, OH

Updated: Jun 15

Three-Unit Residential Income Property

204 Washington Street, New Richmond, OH 45157

$285,000

2,538 sqft 0.17 AC lot

Fully occupied 3‑unit building with two 1‑bedroom units on the lower level and a larger 2‑bedroom unit upstairs
Units 206 and 208 have been recently updated and both feature their own laundry hookups
Major updates include new roof and gutters (2020), windows replacement and water heater replaced (2024)
Brick and vinyl siding exterior with a shingle roof
Heating includes baseboard, forced air, and electric (heating)

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This listing looks promising.

Here's a quick look at some key insights for

204 Washington Street, New Richmond, OH 45157

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$24K
Annual
Price @ 7% Cap

$341K
Above asking
Property Type

Triplex
Built 1919

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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in New Richmond, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, 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.

12-Unit One-Bed Multifamily Building

2215 Salvador St, Cincinnati, OH 45230

$1,100,000

7,290 sqft

Twelve one-bedroom units with 11 occupied, newer boiler, separately metered electric, and off-street parking behind.

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Commercial Mixed-Use Property in Batavia

220 E Main St, Batavia, OH 45103

$139,000

4,300 sqft 0.10 AC lot

Two-story mixed-use property with retail/office and apartment potential.

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Turnkey Multifamily Property in Cincinnati

2244 SALVADOR ST, Cincinnati, OH 45230

$810,000

4,274 sqft

9-unit multifamily property in Mt. Washington neighborhood.

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Mixed-Use Land Assemblage with Shop

Batavia, OH 45103

$1,500,000

14.57 AC lot

14.5-acre assemblage with four houses, a primary residence, and a 5,000 SF shop on multiple parcels.

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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.

River Front Lots in Moscow

122 Water Street, Moscow, OH 45153

$90,000

0.52 AC lot

Flat, clear land parcels ready to build in Moscow Village.

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Residential Land in Gated Community

Sardinia, OH 45171

Contact for pricing

0.35 AC lot

Vacant lot in Lake Waynoka with community amenities.

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One Acre Building Lot

Bethel, OH 45106

$64,000

One acre building lot with utilities in Tate Twp, OH.

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Wooded Recreational Land with Gated Entry

3526 Starling Road, Bethel, OH 45106

$400,000

37.25 AC lot

Wooded acreage with a gated entrance and established walking trails, suited for recreation and hunting uses.

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Off-Market Properties in New Richmond, OH

Consider similar Off-Market properties in New Richmond, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

2817 Chestnut Ln, New Richmond, OH 45157-9023

Value Estimation by Request

1,108 sqft 5.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

1560 Bethel New Richmond Rd, New Richmond, OH 45157-9506

$2,020,000

Estimated value

1,990 sqft 24.23 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

221 Un St, New Richmond, OH 45157-1379

Value Estimation by Request

3,718 sqft 0.07 AC lot

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MOBILE HOME PARK, TRAILER PARK

1020 Frnt St, New Richmond, OH 45157

Value Estimation by Request

240 sqft 53.30 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

718 Washington St, New Richmond, OH 45157-8539

Value Estimation by Request

3,200 sqft 1.25 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

150 Western Ave, New Richmond, OH 45157-1278

Value Estimation by Request

5,616 sqft 0.16 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

231 Augusta St, New Richmond, OH 45157-1383

Value Estimation by Request

3,904 sqft 0.15 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

116 Un St, New Richmond, OH 45157-1355

Value Estimation by Request

5,110 sqft

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GARDEN APT, COURT APT (5+ UNITS)

410 Frnt St, New Richmond, OH 45157-1351

Value Estimation by Request

3,944 sqft 0.11 AC lot

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MOBILE HOME PARK, TRAILER PARK

2745 State Rte 132, New Richmond, OH 45157-9752

Value Estimation by Request

1,768 sqft 4.00 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1070 Bethel New Richmond Rd, New Richmond, OH 45157-8538

$595,000

Estimated value

15,138 sqft 3.39 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

104 Riv Vly Blvd, New Richmond, OH 45157-8566

$560,000

Estimated value

5,437 sqft 6.39 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

140 Un St, New Richmond, OH 45157

$620,000

Estimated value

6,624 sqft 0.52 AC lot

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GARDEN APT, COURT APT (5+ UNITS)

1221 Bethel New Richmond Rd, New Richmond, OH 45157-9419

$1,165,000

Estimated value

30,630 sqft 3.03 AC lot

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New Richmond, OH Residential Income Properties Market Trends and Statistics

Explore 15 residential income properties for sale in New Richmond, OH on our real estate platform. These investment opportunities span a total of 2,538 square feet of properties for sale, with an estimated market value of $285,000.

Sale prices for residential income properties in New Richmond, OH start at $285,000, averaging $285,000, and reaching up to $285,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 9,650

Population Growth (5Y) -6.5%

Median Household Income $96,875

College Educated 32.0%

High-Yield Neighborhoods for Investment

Identify New Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
45157	$285K

Taxes & Financing

Tax Rate (average for all types) 7.52%

Property Tax per SF $97.28 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clermont County

New Delisted

Total CRE Inventory on Market (SF)

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New Richmond, OH Residential Income Properties for Sale

204 Washington Street, New Richmond, OH 45157