224 Orth Drive, New Carlisle, OH 45344

$222,000
5
BD
4
BA
3,319
SqFt

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Sold Price
$222,000
List Price
$219,900
Closing Date
Nov 10, 2025
MLS#
944136
Status
CLOSED
City
New Carlisle
Bedrooms
5
Full Bathrooms
4
Year Built
1973
Living Area
3,319
Subdivision
Terra Villa

Property Description

Hard to find brick Quad building with (3)1 bedroom 1 bath units and (1) 2 bedroom 1 bath unit. Currently unit 230 is vacant and had a fire needs to be rehabbed, other units are currently occupied. Unit 224 rents for $800 lease expires end of July 2026. Unit 226 rents for $820 lease expires end of August 2026. Unit 228 rents for $775 lease expires end of Feb 2026. This property is priced at better than the 1% rule just based on the occupied unit, after the vacant unit is rehabbed, it will be even better, potential here is great!

Additional Information

Acres
0.37
Lot Size
16,000
Living Area
3,319
Garage Desc
No Garage
Cooling
Central Air
Heating
Forced Air, Natural Gas
School District
Tecumseh
Zoning
Residential

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Kal Mughrabi and Coldwell Banker Heritage

Selling Office: Roost Real Estate Co.

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