500 Eastern Avenue, New Lexington, OH 43764

New Lexington
Local realty services provided by:Better Homes and Gardens Real Estate Central
500 Eastern Avenue,New Lexington, OH 43764
$297,000
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  • 6 Beds
  • 3 Baths
  • 2,500 sq. ft.
  • Multi-family
  • Active
Listed by: joan elflein
Office: ohio broker direct
MLS#:5149912
Source:OH_NORMLS

Price summary

  • Price:$297,000
  • Price per sq. ft.:$118.8

About this home

For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels—one for the duplex and one for the cottage—offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to...

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Home facts

  • Year built:1991
  • Listing ID #:5149912
  • Added:289 day(s) ago
  • Updated:June 07, 2026 at 02:18 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space, Partially Furnished
  • Living area:2,500 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1991
  • Building area:2,500 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$297,000
  • Price per sq. ft.:$118.8
  • Tax amount:$1,238 (2024)

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Pool features:Community
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