Duplex & Multi Family For Sale in Monroe, OH

**INVESTOR OPPORTUNITY - PRICED TO SELL!** Bring your vision to 713 Waite Street! This multi-unit property features four 2-bedroom, 1-bath units and offers an incredible opportunity for investors ready to transform potential into profit! The possibilities are wide open! Design, renovate, and customize each unit to maximize property value and rental income. Two-bedroom rentals in the Middletown area are advertised around $950-$1,200+ per month, presenting attractive income potential once renovations are complete. Whether you're looking to expand your rental portfolio, create long-term cash flow, or renovate for resale, this property gives you the freedom to bring your investment strategy to life! **PRICED TO SELL! ALL FINANCING WILL BE CONSIDERED!** Property is being sold strictly AS-IS. Buyer to verify rental rates, renovation requirements, and income potential.

Fantastic addition to any investment portfolio or house-hack! This duplex is updated and ready for its new owner. Completely renovated in 2023. Updates include new roof, new vinyl windows, two new furnaces, two new water heaters, renovated bathrooms with subway tile, updated kitchens with white subway tile backsplash, fully rewired electric with separate panels and meters, luxury vinyl tile flooring throughout both units, updated plumbing and fresh interior and exterior paint. All work permitted! More recently, a new stove has been installed in 1214 (July 2026) and the crawlspace has been fully encapsulated and dehumidifier installed (June 2026). One unit is currently occupied and rented for $1,000. Vacant unit was just rented for $1,000 per month and the tenant was in place for 2+ years ($2,000 total rental income). Additional income includes $100 per unit for water/sewer/trash. Tenants pay for electric/gas; owner pays for water/sewer/trash. All tenants are current on rent. Unit 1214 features a living room, kitchen, one bathroom, two bedrooms and utility room. Unit 1216 features a living room, dining area, kitchen with w/d connection, main level full bathroom, two bedrooms on second level, one with an ensuite bathroom. Don't pass up this great opportunity to cash in on a cash flowing, updated rental property.

Two family rental for sale Ready to rent Central location

Here is a HUGE opportunity! Your vision awaits in this 10,500 square foot property. Currently divided as a duplex, the possibilities are endless with large open rooms, custom tile with heated floor, expansive closets, and an indoor heated Endless pool. First floor unit features the pool, heated tile floor, 2.5 baths including a master bath with: steam room, whirlpool tub, and double showers, and plenty of room to expand the bedroom count. The spacious second floor unit has private access and features an open floor plan and an appointed bath with whirlpool tub/shower. The property is protected with a professionally installed 13 camera security system, has on street parking and private parking in the rear, and includes an additional parcel in the rear for more yard area. The size and amenities of this property allow for so many options to turn this into a great investment, a great personal sanctuary, and more.

TURN-KEY OR VALUE ADD INVESTMENT DREAM. THIS ALL BRICK CONSTRUCTION, HIGH PERFORMING INVESTMENT PROPERTY IS GENERATING APPROXIMATELY $5,000/MONTH THROUGH IT'S CURRENT ROOM RENTAL SETUP. THIS MULTI-LEVEL BUILDING OFFERS IMMEDIATE CASH FLOW WITH ADDITIONAL UPSIDE FOR INVESTORS LOOKING TO MAXIMIZE RETURN. THE UPPER LEVELS ARE CURRENTLY CONFIGURED FOR ROOM RENTALS, PROVIDING CONSISTENT INCOME, WHILE THE LOWER LEVEL OFFERS A FLEXIBLE SPACE THAT CAN BE UTILIZED FOR COMMERCIAL OR ADDITIONAL RESIDENTIAL UNITS, CREATING A FULLY APARTMENT-STYLE PROPERTY. WHETHER YOU'REB LOOKING TO CONTINUE OPERATING AS-IS FOR STEADY INCOME OR REPOSITION THE ASSET FOR HIGHER RENTS AND APPRECIATION, THIS PROPERTY OFFERS MULTIPLE STRATEGIES TO FIT YOUR INVESTMENT GOALS.