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5 S River St 3 Unit Apartment Building $100,000 ($33,333/Unit) Franklin, OH 45005
Executive Summary
ONLINE ONLY REAL ESTATE AUCTION
Bidding will start at $100,000 OR
BUY IT NOW For $143,000
Bidding Ends: Wednesday March 18th @ Noon
Fully Rented 3-Unit Multifamily | Online Auction + Buy It Now Option
Investor opportunity in Franklin. 5 S River St is a 3-unit, fully occupied multifamily producing $1,470/month in current rents. The property offers 1,860 SF with a total of 4 bedrooms and 3.5 baths across a 2-story layout featuring two main-floor units and one upstairs unit.
Recent improvements include updated vinyl siding, a newer roof, replacement windows, and storm doors, helping reduce near-term capital needs. Both first-floor units feature a living room, bedroom, kitchen, and bath. The upper unit includes four rooms and is equipped with a gas space heater.
Bidding will start at $100,000 OR
BUY IT NOW For $143,000
Bidding Ends: Wednesday March 18th @ Noon
Fully Rented 3-Unit Multifamily | Online Auction + Buy It Now Option
Investor opportunity in Franklin. 5 S River St is a 3-unit, fully occupied multifamily producing $1,470/month in current rents. The property offers 1,860 SF with a total of 4 bedrooms and 3.5 baths across a 2-story layout featuring two main-floor units and one upstairs unit.
Recent improvements include updated vinyl siding, a newer roof, replacement windows, and storm doors, helping reduce near-term capital needs. Both first-floor units feature a living room, bedroom, kitchen, and bath. The upper unit includes four rooms and is equipped with a gas space heater.
Property Facts
| Price | $100,000 | Building Class | C |
| Price Per Unit | $33,333 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 1,860 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1996 |
| Apartment Style | Single-Family Home | Parking Ratio | 2.15/1,000 SF |
| Zoning | R - Residential | ||
| Price | $100,000 |
| Price Per Unit | $33,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 1,860 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1996 |
| Parking Ratio | 2.15/1,000 SF |
| Zoning | R - Residential |
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Property Taxes
| Parcel Number | 04-32-329-007 | Improvements Assessment | $20,960 |
| Land Assessment | $9,910 | Total Assessment | $30,870 |
Property Taxes
Parcel Number
04-32-329-007
Land Assessment
$9,910
Improvements Assessment
$20,960
Total Assessment
$30,870
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