620-672 Hagenbuch Street, Urbana, OH 43078
Local realty services provided by:ERA Real Solutions Realty
Listed by: v. patrick hamilton
Office: remax alliance realty937-652-1100
MLS#:226027456
Source:OH_CBR
Price summary
- Price:$809,900
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....
Contact an agent
Home facts
- Year built:1955
- Listing ID #:226027456
- Added:97 day(s) ago
- Updated:October 27, 2026 at 04:16 PM
Structure and exterior
- Year built:1955
- Lot area:1.19 Acres
Finances and disclosures
- Price:$809,900
- Tax amount:$5,693
New listings near 620-672 Hagenbuch Street
- New
$219,900Active4 beds 2 baths2,616 sq. ft.119 Lafayette Avenue, Urbana, OH 43078
MLS# 971976Listed by: RE/MAX ALLIANCE REALTY - New
$274,900Active3 beds 2 baths1,612 sq. ft.2908 Lippincott Road, Urbana, OH 43078
MLS# 226040574Listed by: KEY REALTY - New
$174,500Active3 beds 1 baths1,488 sq. ft.580 E Ward Street, Urbana, OH 43078
MLS# 226040565Listed by: COLDWELL BANKER HERITAGE - New
$299,000Active4 beds 2 baths1,600 sq. ft.3579 E State Route 29, Urbana, OH 43078
MLS# 971857Listed by: HOWARD HANNA REAL ESTATE SERV - New
$389,900Active3 beds 1 baths2,201 sq. ft.76 E State Route 296, Urbana, OH 43078
MLS# 226039811Listed by: REMAX ALLIANCE REALTY - New
$399,000Active3 beds 2 baths1,464 sq. ft.6686 Thackery Road, Urbana, OH 43078
MLS# 226039812Listed by: HOWARD HANNA REAL ESTATE SVCS - New
$289,900Active3 beds 2 baths1,520 sq. ft.268 Nova Drive, Urbana, OH 43078
MLS# 226039532Listed by: BHHS METRO & FIELDS REALTY
$155,000Active2 beds 1 baths888 sq. ft.439 N Julia Street, Urbana, OH 43078
MLS# 970918Listed by: HOWARD HANNA REAL ESTATE SERV
$399,900Active2 beds 20 baths1,940 sq. ft.24 Bon Air Bend, Urbana, OH 43078
MLS# 226039161Listed by: REMAX ALLIANCE REALTY
$139,000Active3 beds 2 baths1,297 sq. ft.1294 Kennard Kingscreek Road, Urbana, OH 43078
MLS# 226039097Listed by: COLDWELL BANKER REALTY