500 Eastern Avenue, New Lexington, OH 43764
Local realty services provided by:CENTURY 21 Premiere Properties
Listed by: joan elflein, tana lantry
Office: ohio broker direct
MLS#:5149912
Source:OH_NORMLS
Price summary
- Price:$297,000
- Price per sq. ft.:$118.8
About this home
For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels—one for the duplex and one for the cottage—offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!
Contact an agent
Home facts
- Year built:1991
- Listing ID #:5149912
- Added:115 day(s) ago
- Updated:December 16, 2025 at 03:28 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Gas
Structure and exterior
- Roof:Metal
- Year built:1991
- Building area:2,500 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$297,000
- Price per sq. ft.:$118.8
- Tax amount:$1,238 (2024)
New listings near 500 Eastern Avenue
- New
$199,000Active3 beds 1 baths1,092 sq. ft.227 E Lincoln Street, New Lexington, OH 43764
MLS# 225045374Listed by: RE/MAX REVEALTY - New
$249,900Active3 beds 2 baths1,400 sq. ft.407 North Avenue, New Lexington, OH 43764
MLS# 225045228Listed by: HILL REAL ESTATE
$475,000Pending3 beds 3 baths9875 Township Road 210 Ne, New Lexington, OH 43764
MLS# 5176120Listed by: WHITETAIL PROPERTIES REAL ESTATE LLC
$149,900Active5.02 Acres3001 Township Road 128 Se, New Lexington, OH 43764
MLS# 225044805Listed by: COUNTRYTYME REALTY, LLC
$79,900Active3 beds 2 baths957 sq. ft.548 Fowler Street, New Lexington, OH 43764
MLS# 225044506Listed by: COLDWELL BANKER REALTY
$229,900Active5 beds 2 baths1,848 sq. ft.505 N Pleasant Street, New Lexington, OH 43764
MLS# 225044230Listed by: SAYRE SEALS & MCMILLAN REAL ESTATE LLC
$224,900Active4 beds 2 baths1,612 sq. ft.140 S Maple Heights, New Lexington, OH 43764
MLS# 225043667Listed by: SELL FOR ONE PERCENT
$274,900Active-- beds 2 baths1,530 sq. ft.322 W Water Street, New Lexington, OH 43764
MLS# 225042371Listed by: HILL REAL ESTATE
$69,000Active4 beds 1 baths1,040 sq. ft.122 N Pleasant Street, New Lexington, OH 43764
MLS# 225042213Listed by: KELLER WILLIAMS GREATER COLS
$124,900Active2 beds 1 baths1,044 sq. ft.223 E Broadway Street, New Lexington, OH 43764
MLS# 225042158Listed by: SAYRE SEALS & MCMILLAN REAL ESTATE LLC