Listed By
Agency Name: Coldwell Banker College R.E.
Agent Name: Kelly Umbstead
Agency Phone: 513-523-2181
Shown By
Agent Name: Denise Evans
Agent Phone: (330) 575-1832
Agency Title: Cutler Real Estate
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Property Description
Back on the market after buyer requested vacancy for personal use. Leases are secured through the 27/28 school year. High-performing, fully leased investment with proven income and upside. Triplex permitted for 8 occupants, currently configured as a 6BR/3BA with 3 kitchens and leased as a single unit. Strong rent history: $49,800 for 2025/26 & 2026/27 with 2027/28 secured at $51,600. Oversized layout offers clear potential to increase bedroom count and boost returns. Detached garage converted into a fully insulated rec space, a standout amenity that consistently drives tenant demand. Private outdoor setting with patio and deck enhances appeal. Major capital improvements include new roof, HVAC, and tankless water heater. Shared laundry. Turnkey asset with future value-add potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 45
Fireplaces: 0
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,966
Year Built: 1944
Amenities
Patio
Deck
Feature Descriptions
Exterior: Vinyl Siding
Fireplace Features: None
Foundation: Block
Gas: Natural
Lot Dimensions: 55x97
Miscellaneous: Cable TV, Smoke Alarm, Water Softener
Parcel #: H4100008000002
Parking: Onstreet, Driveway
Sewer: Public Sewer
SQFT Basement: 970
Total Buildings: 1
Units: 3
Water: Public
Window Features: Vinyl
Local Schools
School District: Talawanda
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Estimated Payment
$ 3,381.09 per month $2,885.04 Principal & Interest $330.50 Property Tax $165.55 Homeowner's InsuranceChange Payment Information
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340 N Locust Street | MLS# 1873964
This multi-family property located at 340 N Locust Street, Oxford, OH 45056 is currently listed for sale with an asking price of $567,600. N Locust Street is located within the Talawanda school district. Search Oxford real estate on devans.cutlerhomes.com today.