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    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 1 Potential Opportunities for your consideration. Besides 1 Active listings in Perry County, OH, we suggest exploring several alternatives:

    Perry County, OH Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Perry County, 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 Perry County, 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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