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    New Lexington, OH
    Triplex

    New Lexington, OH Triplexes for Sale

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    New Straitsville, OH Shawnee, OH Crooksville, OH
    Renovated Triplex Investment Opportunity
    Updated: Aug 22, 2025
    Renovated Triplex Investment Opportunity

    500 Eastern Avenue, New Lexington, OH 43764

    $297,000
    2,500 sqft · 0.15 AC lot
    Fully renovated 3‑unit property (duplex plus rear cottage‑style unit); renovated about two years ago
    All units have brand‑new HVAC systems, with natural gas heating and central air plus window A/C units
    Each unit is individually metered for gas, water, and electric to simplify expense management
    Three active leases in place and all three units have been continuously leased since the renovation
    Side A of the duplex will become available at the end of August
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    This listing looks promising.

    Here's a quick look at some key insights for

    500 Eastern Avenue, New Lexington, OH 43764

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $379K
      Above asking

    • Property Type

      Duplex
      Built 1991
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Lexington, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three One-Bedroom Apartment Triplex
    Three One-Bedroom Apartment Triplex

    180 Gallagher Avenue, Logan, OH 43138

    $154,900
    0.17 AC lot

    A three-unit triplex with one-bedroom apartments and a yard that supports additional off-street parking.

    View details
    Turnkey Triplex Apartment Building
    Turnkey Triplex Apartment Building

    3244 E 5th Avenue, Columbus, OH 43219

    $350,000
    0.14 AC lot

    Turnkey three-unit rental with 2,484 finished square feet and unit mix ranging from one- to three-bedroom layouts.

    View details
    Triplex with Three One-Bedroom Units
    Triplex with Three One-Bedroom Units

    180 Gallagher Avenue, Logan, OH 43138

    $154,900
    2,532 sqft

    Professionally managed triplex featuring three one-bedroom units and a yard with potential for additional off-street parking.

    View details
    Turnkey 3-Unit Apartment Building
    Turnkey 3-Unit Apartment Building

    3244 East 5th Avenue, Columbus, OH 43219

    $350,000
    2,484 sqft

    Turnkey three-unit multifamily with one-, two-, and three-bedroom units and long-term tenancy near a major airport redevelopment project.

    View details

    New Lexington, OH Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in New Lexington, OH on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale, with an estimated market value of $297,000.

    Sale prices for three-family homes in New Lexington, OH start at $297,000, averaging $297,000, and reaching up to $297,000 — 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

    Triplexes 1

    Demographics Overview

    Population 7,971
    Population Growth (5Y) -8.9%
    Median Household Income $54,388
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    43764 $297K

    Taxes & Financing

    Tax Rate (average for all types) 5.33%
    Property Tax per SF $97.04 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Perry County

    New Delisted

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