Primary listing photo

640 Jefferson St, Greenfield, OH, 45123

--beds
0baths
--sqft
$77,900
--price/sqft
$691/moest. monthly cost
$27,640/yrincome needed

About This Home

Opportunity knocks in Greenfield--this 3-unit property offers immediate upside at an attractive price point. One unit is nearly rent-ready, while the other two need light cosmetic improvements, making this an ideal value-add for investors looking to build equity and cash flow quickly. Market rents support ~$600/month per unit, positioning the property for approximately $1,800/month ($21,600 annually) once stabilized. With conservative expenses, this asset has the potential to perform in the mid-to-high teens cap rate range. Low entry, strong rent potential, and a clear path to stabilization--this is a solid addition to any portfolio.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

7/10
7/10
Greenfield Middle SchoolGrades 6-80.3 mi
4/10
McClain High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Property

Details

  • Parcel number: 2715001169.00

Lot

  • Lot size: 6,534 sqft