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305 N Elm St, Prospect, OH 43342

  • $419,000

  • —

    bed

  • —

    bath

Multi-family for sale 132 days
$56K price drop
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About 305 N Elm St

Property type Multi-family
Year built 1989
HOA fee $0/month
Lot size 0.71 Acre
Property description
Outstanding investment opportunity in the heart of Prospect, Ohio! Come and see these 4, well-maintained, separate ranch-style rental units. Each building features 960 sq ft of living space, 2 bedrooms, 1 bath, dinette area, laundry room, living room, kitchen and an attached 1-car garage. Built on approximately 0.7 acres and overlooks the Scioto River. A new roof was installed on unit 305 1/2 in 2024. All units are currently rented to long term tenants and current rent is below market value. This is an excellent income property for the savvy investor.
Listed by
Listing Agent - Matthew R Williams
Listing Agent Contact: 614-932-2000
Listing Office - Keller Williams Consultants
Source: Columbus and Central Ohio Regional MLS mls logo
MLS#226011982 • last updated 3 days ago
Movoto checked Columbus and Central Ohio Regional MLS for data 45 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
MLS # 226011982
Status Active
SubType Apartment
Lot Size (SqFt) 30927.6
Lot Size (Acres) 0.71
Property Tax 7026.68
Year Built 1989
Interior
Exterior
Parking Garage Door Opener
Amenities / Utilities
Water Source See Remarks, Well, Private
Location
High School District ELGIN LSD 5101 MAR CO.
APN 270020001600
Multifamily Details
Total # of Units 4
Net Operating Income 33639.32
Operating Expense 9560.68
Expense: Maintenance 1200
Gross Income 43200
Lot/ Land Details
Add'l Parcel(s) 270020001800
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Have a question about this property? Call us at (844) 430-0869
6/10
Elgin South Elementary School
public Grades K-5
Elgin Local School District
4/10
Elgin Middle School
public Grades 6-8
Elgin Local School District
7/10
Elgin High School
public Grades 9-12
Elgin Local School District
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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23/100
Walk
66/100
Family
10/100
Dining
61/100
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  • Real Estate
  • OH
  • Marion County
  • Prospect
  • 43342
  • 305 N Elm St

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