644 Hagenbuch Street, Urbana, OH 43078
Local realty services provided by:CENTURY 21 Capital GOLD
Listed by: v patrick hamilton
Office: re/max alliance realty
MLS#:964781
Source:OH_DABR
Price summary
- Price:$809,900
- Price per sq. ft.:$111.99
About this home
This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7,232 square feet of living space and generates a rental income of $8,675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6,100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors....
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Home facts
- Year built:1955
- Listing ID #:964781
- Added:51 day(s) ago
- Updated:September 12, 2026 at 03:45 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:14
- Full bathrooms:14
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Living area:7,232 sq. ft.
Structure and exterior
- Year built:1955
- Building area:7,232 sq. ft.
- Lot area:1.19 Acres
- Construction Materials:Asbestos
Finances and disclosures
- Price:$809,900
- Price per sq. ft.:$111.99
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