403 Central Avenue, Greenville, OH 45331

$125,000
7
BD
4
BA
3,670
SqFt

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Sold Price
$125,000
List Price
$140,000
Closing Date
Nov 26, 2025
MLS#
943064
Status
CLOSED
City
Greenville
Bedrooms
7
Full Bathrooms
4
Year Built
1910
Living Area
3,670
Subdivision
Armstrong Second Add N Sd

Property Description

Investor Special – 4-Unit Multifamily in the Heart of Greenville, OH! Opportunity knocks with this centrally located 4-unit investment property offering solid cash flow potential and value-add upside! With a total of 3,670 sq ft, this building features: (2) 1-Bedroom Units — Currently rented at $375 and $400/month (1) 2-Bedroom Unit — Rented at $650/month (1) 3-Bedroom Unit — Vacant and ready for renovation, offering excellent upside potential Each unit boasts large rooms, Stove, Fridge, Washer/Dryer Hook Ups, individual gas forced air heat, and gas water heaters for efficient utility management. Tenants are on month-to-month leases, and each pays their own gas, electric, and trash — with water included (single meter averaging approx. $100/month). Several windows have been replaced, and the property includes a spacious shared backyard for tenant enjoyment. Whether you're looking to expand your rental portfolio or take your first step into multifamily investing, this property checks all the boxes. Live in one and rent the other three, or renovate and re-lease at market rates for increased returns. Prime location in Greenville — close to schools, shopping, and downtown conveniences. Don’t miss this affordable entry into multi-unit ownership — with strong rent potential and room to grow. Showings will be for the vacant 3 bedroom unit (403) only. The other 3 occupied units can be viewed upon a mutually accepted contract.

Additional Information

Acres
0.16
Lot Size
7,087
Living Area
3,670
Basement Desc
Unfinished
Appliances
Range, Refrigerator, Gas Water Heater
Garage Desc
No Garage, Public, On Street
Cooling
None
Heating
Forced Air, Natural Gas
School District
Greenville
Zoning
Residential

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Jody Rhoades and Leis Realty Company

Selling Office: Howard Hanna Real Estate Serv.

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