$2,350,000
$2,399,999
2.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Farview Ave Lebanon, OH 45036
20,000 SqFt
Key Details
Sold Price $2,350,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $117
Subdivision Peachtree Place
MLS Listing ID 1866851
Sold Date 04/23/26
Year Built 1973
Lot Size 2.526 Acres
Property Sub-Type Commercial
Source Cincinnati Multiple Listing Service
Property Description
Rare opportunity to acquire a 20-unit townhome community in the desirable Lebanon, Ohio market. Located just blocks from charming downtown Lebanon, the property features 20 spacious two-level 2 bedroom, 1 Bath townhome layouts with in-unit laundry hookups. Tenants pay their own utilities, resulting in very low operating expenses for the owner. Ten units have already been renovated, with long-term tenancy in place and a clear path to increasing rents to market in a highly supply-constrained area. A compelling value-add opportunity in a strong, stable location.
Location
State OH
County Warren
Area Warren-E13
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Carpet
Exterior
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Faces RT 42 to Main St to Farview
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
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Bought with OwnerLand Realty, Inc.
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