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340 N Locust St, Oxford, OH, 45056

6beds
3baths
2,732sqft
$567,600
$208price/sqft
$3,982/moest. monthly cost
$159,280/yrincome needed

About This Home

Back on the market after buyer requested vacancy for personal use.  Leases are secured through the 27/28 school year. High-performing, fully leased investment with proven income and upside. Triplex permitted for 8 occupants, currently configured as a 6BR/3BA with 3 kitchens and leased as a single unit. Strong rent history: $49,800 for 2025/26 & 2026/27 with 2027/28 secured at $51,600. Oversized layout offers clear potential to increase bedroom count and boost returns. Detached garage converted into a fully insulated rec space, a standout amenity that consistently drives tenant demand. Private outdoor setting with patio and deck enhances appeal. Major capital improvements include new roof, HVAC, and tankless water heater. Shared laundry. Turnkey asset with future value-add potential.

Getting Around

69
WalkingSomewhat Walkable
37
TransitSome Transit
56
BikeBikeable

Schools

6/10
Kramer Elementary SchoolGrades PK-50.1 mi
7/10
Talawanda Middle SchoolGrades 6-81.9 mi
8/10
Talawanda High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1944

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,732
  • Total interior livable area: 2,732 sqft

Property

Details

  • Parcel number: H4100008000002
  • Zoning: Residential
  • Zoning description: Residential

Lot

  • Lot size: 5,331 sqft
  • Lot size dimensions: 55 x 97

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached,Garage,Two Car Garage,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2