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
$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
$296,900 Zestimate®
$50/sqft
$-- HOA
What's special
Main houseCentral air
- 5 days
- on Zillow |
- 539 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 11:57am
Listed by:
Abe Alassaf (740)590-5352,
The Athens Real Estate Co., Ltd.
Source: Athens County BOR,MLS#: 2433849

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Heating
- Forced Air-Gas, Baseboard-Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Refrigerator, Gas Water Heater, Oven/Range- Gas, Dryer
Features
- Ceiling Fan(s), Countertops- Solid Surface
- Flooring: Linoleum, Vinyl
- Windows: Windows- Single Pane
- Has fireplace: Yes
- Fireplace features: Decorative
Interior area
- Total structure area: 5,978
- Total interior livable area: 5,978 sqft
Video & virtual tour
Property
Lot
- Size: 0.63 Acres
- Features: Borders River
Details
- Parcel number: Q6521011000026, Q652
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Multi-Family Units, Investment Property (Rental), 4+ Units
Materials
- Vinyl Siding
- Roof: Architectural Shingle,Metal
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Internet-Wireless, Natural Gas Connected, Garbage Collection, Contact Utility Company
Community & HOA
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $93,180
- Annual tax amount: $2,479
- Date on market: 8/13/2025
- Loading
- Loading