Listed price in listed location currency (USD).
$809,900

14120

MLS® 1047199

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 6
Lot Size 1.190000057220459 Acres
Approx. Age 1955
MLS® Number 1047199

Property Address: 672-620-672 Hagenbuch St, Urbana, OH, 43078-1146

Average square foot calculated using Size range provided by listing agent.

Description

This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7, 232 square feet of living space and generates a rental income of $8, 675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6, 100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors. Please allow a minimum of 48 hours for showing requests.
MLS® Number1047199
Laundry Level
Central VacNo
FireplaceNo
Acreage1.19
Exterior
GarageYes
Approx. Age1955
BasementCrawl Space
DrivewayNo Garage
Garage Spaces
HeatNatural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 22, 2026List Date
$809,900List Price
  • Commute

Commute

Starting Address
Destination Address
620-672 Hagenbuch St, Urbana, OH

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties