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Investment Highlights

  • Highly accessible Jeffersonville location near US-35 and I-71.
  • Surrounded by a balanced mix of residential and commercial activity.
  • Strong regional connectivity to Columbus, Dayton, and Cincinnati.

Executive Summary

AGENTS bring your buyer for 2.5% commission! Peaceful, residential 7-unit multifamily property in City of Jeffersonville located on 1.365 acres. Jeffersonville is at the crossroads of progress - 43 miles South of Columbus, OH; 60 miles North of Cincinnati, OH; and 37 miles East of Dayton, OH. Close to I-71 and US 35, where Honda and LG are building a $3.5 billion electric vehicle battery plant. Amazon purchased 600 acres here for a new data center with plans to invest $5 billion between now and 2030 in Jefferson Township.
(7) 2 bedrooms/1-bathroom units each approximately 1,024 sq. feet living space downstairs and upstairs (no basement). 100% occupied, tenant’s own appliances and pay for electric/water. Owner pays for property taxes, insurance and building trash ($100/month). Onsite maintenance. Turnkey and perfect for out of state investors. Below market rents. See documents attached.
GROSS INCOME $65,700
SOLD AS-IS and DO NOT DISTURB TENANTS.
Closing to be at PM Title.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $60,710 $5.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $60,710 $5.65
Taxes $4,724 $0.44
Operating Expenses $7,893 $0.73
Total Expenses $12,617 $1.17
Net Operating Income $48,093 $4.47

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $60,710
Annual Per SF $5.65
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $60,710
Annual Per SF $5.65
Taxes
Annual $4,724
Annual Per SF $0.44
Operating Expenses
Annual $7,893
Annual Per SF $0.73
Total Expenses
Annual $12,617
Annual Per SF $1.17
Net Operating Income
Annual $48,093
Annual Per SF $4.47

Property Facts

Price $700,000
Price Per Unit $100,000
Sale Type Investment
Cap Rate 7.20%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.36 AC
Building Size 10,752 SF
Average Occupancy 100%
No. Stories 2
Year Built 1968
Parking Ratio 1.39/1,000 SF
Zoning Residential - Fayette County Parcel IDs included: 080-009-003-044-00 080-009-003-045-00 080-009-003-046-00 060-012-000-014-00
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 060-012-000-014-00
  • 080-009-003-044-00
  • 080-009-003-045-00
  • 080-009-003-046-00
Land Assessment
$19,460
Improvements Assessment
$89,500
Total Assessment
$108,960
Annual Taxes
$4,724 ($0.44/SF)
Tax Year
2025
  • Listing ID: 34572748

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 3 Janes St, Jeffersonville, OH 43128

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