500 Eastern Avenue, New Lexington, OH 43764 | MLS ID 5149912

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500 Eastern Avenue, New Lexington, OH 43764 | MLS ID 5149912 - Hardcastle Realty

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$297,000

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For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels?one for the duplex and one for the cottage?offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!

Information

Address:
<map>

500 Eastern Avenue
New Lexington, OH 43764

Bedrooms: 6

Bathrooms: 3 full

Square Feet: 2500

Subdivision: Fi Rst Add

Area/School Dist: Pike Twp

MLS ID: 5149912

Status: Active

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Features

Taxes: $1,238 / year
Basement: Yes
Swimming Pool: Yes
Roof Type: Metal
Exterior: Vinyl Siding
Lot Size: 0.15 Acres
Heating: Gas
Cooling: Central Air,Wall/Window Unit(s)
Year Built: 1991
Water: Public
Sewer: Public Sewer
Stories: 2.0
Appliances: Dryer,Refrigerator,Washer
Basement: Crawl Space,Dirt Floor,Partially Finished
Community Features: Playground,Park,Pool
Interior Features: Ceiling Fan(s)
Fencing: None
Laundry: Laundry Room,In Unit
Lot Description: Back Yard,Corner Lot,Front Yard
Parking: Gravel,Kitchen Level,On Site
Parcel#: 270003010000
Pool: Community
Window: Double Pane Windows

School Information

School District: New Lexington City

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   Ohio Broker Direct
  Agency Phone: 614-989-7215

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/05/2026. The listing information on this page last changed on 05/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/05/2026 2:14:23 AM EST) or MLS NOW (last updated Tue 05/05/2026 12:17:28 AM EST). Real estate listings held by brokerage firms other than Hardcastle Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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