Prime Riverfront Multi-Unit Gem in Middletown: 4 Units. Discover this prime multi-unit investment at 1116 S. Main St., Middletown, OH! Bordering the Great Miami River (not in flood plain), this commercial-zoned property, owned 35+ years, includes a main house with Units A (3BR/2BA, central air, $500/mo, 20+ yr family tenant under-rented), B (3BR/1BA, central air, $700/mo), C (1BR/1BA, $450/mo), and rear Unit E (2BR/1BA cottage, $500/mo, multi-yr family tenant under-rented). All tenants on flexible month-to-month leases. Total rent: $2,150/mo; huge upside potential.Landlord pays water, trash, gas for hot water; units separately metered, hot water on own gas meter. Across from Middletown HS football field. Features 30x40 2-story 5-car garage (separate 200-amp meter, convertible to unit).Upgrades: Furnaces (2023), hot water tank (2022), Unit E metal roof (2015), main house shingles (2016), garage roof (2024).Convertible to 7BR/4BA single-family home. Riverfront opportunity awaits!
Active under contract
$300,000
1116 S Main St, Middletown, OH 45044
10beds
5baths
5,978sqft
Est.:
Multi Family, Multi-Family Units, Investment Property (Rental), 4+ Units
Built in ----
-- sqft lot
$-- Zestimate®
$50/sqft
$-- HOA
What's special
Main houseCentral air
- 52 days |
- 740 |
- 23 |
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