1631 Jackson Lane, Middletown, OH 45044
Local realty services provided by:CENTURY 21 HomeStar
1631 Jackson Lane,Middletown, OH 45044
$3,750,000
- - Beds
- - Baths
- 28,032 sq. ft.
- Multi-family
- Active
Listed by: amy hamilton, ryan s. riddell
Office: keller williams community part937-530-4904
MLS#:1877557
Source:OH_CINCY
Price summary
- Price:$3,750,000
- Price per sq. ft.:$133.78
About this home
Well-maintained 48-unit multifamily community in Middletown, Ohio, featuring 48 spacious one-bedroom, one-bath apartments, each with a living room, dining area, and kitchen. This income-producing asset offers desirable tenant amenities, including an on-site leasing office, laundry facility, and dog park. Recent capital improvements include a new roof installed in 2022 and all new electrical service completed in 2023. Select units have also been updated with new hot water heaters, flooring, countertops, and other interior finishes. Rents continue to trend upward as units turn over, providing a clear path for continued revenue growth. The property also benefits from an on-site maintenance employee, with those expenses already incorporated into the current NOI. Located between Dayton and Cincinnati, this property presents an excellent investment opportunity with stable cash flow and additional upside potential through continued unit upgrades and operational efficiencies.
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Home facts
- Year built:1981
- Listing ID #:1877557
- Added:1 day(s) ago
- Updated:May 06, 2026 at 02:21 PM
Rooms and interior
- Living area:28,032 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1981
- Building area:28,032 sq. ft.
- Construction Materials:Brick
- Foundation Description:Poured
- Levels:3 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$133.78
Parking
- Parking description:Lot
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