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    New Richmond, OH
    Triplex

    New Richmond, OH Triplexes for Sale

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    Monroe Twp, OH Amelia, OH Bethel, OH Batavia, OH Melbourne, KY Moscow, OH Sardinia, OH Cincinnati, OH
    Three-Unit Residential Income Property
    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
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Richmond, 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.

    Duplex with Efficiency Outbuilding
    Duplex with Efficiency Outbuilding

    305 Walnut Street, Elmwood Place, OH 45216

    $215,000
    2,208 sqft 0.07 AC lot

    Well-maintained duplex with updated kitchens, washer/dryer hookups, and an outbuilding with separate utilities and kitchen/bath.

    View details
    Oakley Triplex Investment Opportunity
    Oakley Triplex Investment Opportunity

    4116 Ballard Avenue, Cincinnati, OH 45209

    $595,000
    3,025 sqft 0.42 AC lot

    Meticulously maintained triplex in Cincinnati's desirable Oakley neighborhood.

    View details
    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    964 Windsor Street, Cincinnati, OH 45206

    $374,900
    3,159 sqft 0.08 AC lot

    Updated three-unit income property with 2023 sewer improvements and an additional lot option.

    View details
    Mixed-Use Corner Redevelopment Property
    Mixed-Use Corner Redevelopment Property

    5700 Highland Avenue, Elmwood Place, OH 45216

    $119,900
    0.06 AC lot

    Mixed-use corner building with operating retail, an unfinished studio, and two second-floor units stripped to studs.

    View details

    New Richmond, OH Triplexes Market Trends and Statistics

    Explore 1 triplexes 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 three-family homes 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

    Triplexes 1

    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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