670 High Street, Waynesville, OH 45068

Waynesville
Local realty services provided by:ERA Petkus Weiss
670 High Street,Waynesville, OH 45068
$550,000
  • 8 Beds
  • 4 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: tushar mehta
Office: bhhs professional realty
MLS#:962643
Source:OH_DABR

Price summary

  • Price:$550,000
  • Price per sq. ft.:$183.33

About this home

Rare Four-Unit Investment Opportunity in Highly Desirable Waynesville! 6.55% Current CAP • Approx. 8.80% Pro Forma CAP • Fully Occupied • New Roof (2026) • Tenants Pay All Utilities Rare opportunity to acquire a fully occupied four-unit apartment building in the highly desirable Waynesville rental market. Offering an approximate 6.55% current capitalization rate at the asking price, this property also presents exceptional upside through below-market rents. Current gross annual income is $47,640, while estimated market rents of approximately $1,250 per unit have the potential to increase annual gross income to approximately $60,000, resulting in an estimated 8.80% pro forma capitalization rate. Buyers should perform their own due diligence regarding projected rental income. Constructed in 1966, this solid all-brick building features four spacious 2-bedroom, 1-bath apartments, each approximately 750-800 square feet. A unique floor plan offers two apartments on the first floor and two on...

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Home facts

  • Year built:1966
  • Listing ID #:962643
  • Added:1 day(s) ago
  • Updated:June 25, 2026 at 08:24 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1966
  • Building area:3,000 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Brick
  • Exterior Features:Deck, Fence, Porch

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$183.33

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