1081 Ray Avenue NW, New Philadelphia, OH 44663
- $355,000
- Sold Price
- $355,000
- List Price
- $359,900
- Status
- CLOSED
- Days on Market
- 37
- Closing Date
- Dec 18, 2025
- MLS#
- 5171415
- Subtype
- Commercial Sale
- Year Built
- 1966
- Acres
- 0.20
- MLS Area Major
- New Philadelphia
Property Description
Excellent investment opportunity! Nicely maintained 6-unit apartment complex! This income-producing property features a quadplex that has 4 spacious 1-bedroom units and a side-by-side ranch duplex with 2 nicely remodeled 1- bedroom units. The current rental income is $3,240.00 per month. Both buildings have newer roofs, and all apartments include the kitchen appliances. There are new laminate floors in 5 of the units. The tenants pay for their electric, and the owner pays for the water, sewer, and trash. These apartments have a strong rental history and a steady income. Conveniently located near amenities, schools, and shopping, this well-maintained property provides both immediate cash flow and long-term value.
Additional Information
- Taxes
- $3,127
- Heating
- Baseboard, Electric
- Air Conditioning
- Window Unit(s)
- Roof
- Asphalt
- Parking Features
- Gravel, Parking Lot
- School District
- New Philadelphia CSD - 7906
Listing Courtesy of: Dawn C Leone, Dawnleone532@aol.com With McInturf Realty
Selling Office: Keller Williams Legacy Group Realty.Mortgage Calculator
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.