




500 Eastern Ave, New Lexington, OH, 43764
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 families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!
Getting Around
Schools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1991
Materials
- Roof: Metal
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Refrigerator,Washer
- Laundry features: Laundry Room,In Unit
Basement
- Has basement: Yes
- Basement: Crawl Space,Dirt Floor,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Ceiling Fan(s)
- Window features: Double Pane Windows
- Finished area above ground: 2,500
Heating & Cooling
- Heating features: Gas
- Cooling features: Central Air,Wall/Window Unit(s)
Interior Area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Details
- Parcel number: 270003010000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: Community
- Fencing: None
Lot
- Lot size: 6,534 sqft
- Features: Back Yard,Corner Lot,Front Yard
Parking
- Parking features: Gravel,Kitchen Level,On Site
