1631 Jackson Ln, Middletown, OH 45044
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1631 Jackson Ln, Middletown, OH 45044
1631 Jackson Ln, Middletown, OH 45044
1631 Jackson Ln, Middletown, OH 45044
1631 Jackson Ln, Middletown, OH 45044
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Heather Pilcher

Heather Pilcher

+1(859) 710-5901
$ 3,750,000
Est. payment /mo
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Pending

1631 Jackson Ln Middletown, OH 45044

28,032 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 28,032 sqft

Price per Sqft $133

MLS Listing ID 1877557

Year Built 1981

Property Sub-Type Apartment

Source Cincinnati Multiple Listing Service

Property Description

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.

Location

State OH

County Butler

Area Butler-W19

Zoning Residential,Multi Family

Rooms

Basement None

Interior

Heating Electric

Cooling Wall Unit

Fireplaces Type None

Inclusions Refrigerator, Range

Window Features Slider

Exterior

Parking Features None

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Poured

Sewer Public Sewer

Water Public

Level or Stories Three

New Construction No

Schools

School District Middletown City Sd

Others

Miscellaneous Coin Laundry,Smoke Alarm

Cincinnati MLS (CincyMLS)
Listed by Keller Williams Community Part
Heather Pilcher

Heather Pilcher

Broker Associate | License ID: 280760

+1(859) 710-5901

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1631 Jackson Ln