Open House Tue, Jun 13th 04:00 PM - 05:00 PM
532 E High Avenue, Bellefontaine, OH
$ 1,500,000
Property Attributes
  • MLS#1025338
  • TypeMulti-Family
  • CountyLOGAN
  • CityBellefontaine
  • Area901 Bellefontaine
  • NeighborhoodVms 4990
  • Zip43311
  • Style
  • Year Built1972
  • Taxes$ 15502
  • Price$ 1,500,000
  • Bedrooms30
  • Full Bathrooms15
  • Half Bathrooms9
  • Sqr Footage16938
  • Lot Size1.29 Acres
Data Source:
Western Regional Information Systems & Technology, Inc (WRIST)
Property Description

Apartment Complex! Investment opportunity with 15 units near Mary Rutan Park. Nine of the units are townhouse-style and the remaining six units are ranch-style. Each Townhouse apartment consists of 1210 sqft with 2 BR, 1.5 BA, and washer/dryer hookup in the full bath; all bedrooms and full bath are on the second floor plus each have a patio and owner provides a dumpster; most of the water heaters have been updated. Each ranch apartment consists of 1008 sqft with 2 BR, 1 BA, and a utility room featuring a washer/dryer hook-up; some have decks and some have patios. The ranch units have updates including: 3 furnaces, 6 AC units and some new water heaters; tenants pay all utilities and owner provides a dumpster. 529-533 E Brown have seller-owned AC units (six total ACs) and on these units tenants pay water, sewer, trash and electric. There are ample parking spaces around this property including a 50x99' parking lot off High Street for two of the buildings and 1-2 spots per unit at the other buildings: 24+/- spots total. Several tenants have a long rent history, and 13 of the 15 units are month-to-month leases. Gross Monthly Rent is $11,870 and there is a total of $11,370 in security deposits. There is road frontage on both High Ave and Brown Ave totaling 345' and the property features 1.289 acres of land. Zoned R3. No showings until the Open House on 06/13/2023 from 4:00PM-5:00PM. Addresses included: 521-525 E Brown Ave, 529-533 E Brown Ave, and 530-540 E High Ave; Bellefontaine, OH 43311. Curb-side Offers may be presented prior to the open house.

Price History
5/19/2023 Listed $1,500,000

General Features

Appliances Dishwasher, Electric Water Heater, Range, Refrigerator
Basement Block, Crawl Space
Cooling Central Air, Window Unit(s)
Garage No Garage
Manufactured Home No
Number of Garage Spaces 0.00
Property Type B
Sewer Public Sewer
Special Features Bath 1st Floor, Bed 1st Floor
Township Lake
Utilities Separate Meters
Zoning Residential

Interior Features

Heating Baseboard, Forced Air
Inside Features Attic

Exterior Features

Exterior Brick, Vinyl Siding
Lot Dimensions 345' Frontage
Outside Features Deck, Patio
Water Source Supplied Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 43311

AVG $820K
AVG $8,585
Year Built
AVG 1936

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