305 N Elm Street, Prospect, OH 43342
New Listing
$419,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
30,928
Status:
Active
Current Price:
$419,000
List Date:
8/21/2026
Last Modified:
8/21/2026
Overview
Description
Listing Details MLS# 226011982
Location Property Info
- Original List Price
- 475000
- Property Sub Type
- Flat
- Street #
- 305
- Street PreDirection
- N
- Street Name
- Elm
- Street Suffix
- Street
- County
- Marion
- State
- OH
- Zip Code
- 43342
- School District
- ELGIN LSD 5101 MAR CO.
- Township
- Prospect
OfficeContract Info
- MLS Entry Date
- 2026-04-14
General Property Info
- Number of Units
- 4
- # of Buildings
- 4
- Off Street Parking Spaces
- 8
- Building Sqft
- 3840
- Year Built
- 1989
- Built Prior to 1978
- No
- Occupancy Rate
- 100
- Acreage
- 0.71
Tax Info
- Parcel #
- 270020001600
- Mult Parcels/Sch Dis
- Yes
- Addl Parcel Numbers
- 270020001800
- Assessment
- $8.00
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 7026.68
- Tax Incentive
- No
2 Bedroom
- 2 Bedroom # of Units
- 4
- 2 Bedroom Month Rent Per Unit
- 900
Expenses
- R.E. Taxes
- 7034.68
- Property Insurance
- 1326
- Repairs&Maintenance
- 1200
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 109.11
- City (Mailing Addr)
- Prospect
- Corp LimitPerAuditor
- Prospect
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Outstanding investment opportunity in the heart of Prospect, Ohio! Come and see these 4, well-maintained, separate ranch-style rental units. Each building features 960 sq ft of living space, 2 bedrooms, 1 bath, dinette area, laundry room, living room, kitchen and an attached 1-car garage. Built on approximately 0.7 acres and overlooks the Scioto River. A new roof was installed on unit 305 1/2 in 2024. All units are currently rented to long term tenants and current rent is below market value. This is an excellent income property for the savvy investor.
Income/Expenses
- Gross Income
- 43200
- Net Operating Income
- 33639.32
- Total Expenses
- 9560.68
Addl Acceptance Cond
- None Known
- Yes
Construction
- Block
- Yes
- Frame
- Yes
- Vinyl Siding
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- 1 Car Garage
- Yes
- Attached Garage
- Yes
- Garage Door Opener
- Yes
- Shared Driveway
- Yes
- 2 Off Street
- Yes
Water Source
- Private
- Yes
- Well
- Yes
- See Remarks
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- Garages
- Yes
- W/D Hookups
- Yes
Tenant Pays
- Gas
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Electricity
- Yes
Alternate Uses
- Residential
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
1 Car Garage; Attached Garage; Garage Door Opener; Shared Driveway; 2 Off Street
Tenant Pays:
Electricity; Gas; Sewer; Trash Collection
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Block; Frame; Vinyl Siding
Water Source:
Private; Well; See Remarks
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous:
Garages; W/D Hookups
Alternate Uses:
Residential
MLS Primary PhotoSrc:
Realtor Provided
Documents
RPD ›
Listing Office:
Keller Williams Consultants
Listing Agent:
Matthew R Williams
Last Updated: August - 21 - 2026
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