41059 Park Road, OH 45776

Property Description

Excellent investment opportunity with this 8-unit apartment complex situated on 3.1 acres and consisting of two duplexes and a quadruplex. All units are 1 bedroom, 1 bathroom, and six have been remodeled with new stainless-steel refrigerators, ranges, and range hoods. The duplexes feature newer heat pump systems, and all buildings have a low-maintenance metal roof. The property includes two on-site laundry units that generate additional income, plus a storage building that could also be rented for extra revenue. One of the duplexes currently has below-market rent, offering immediate upside potential by updating the units to match the others and increasing rental rates. 1.44 acres of vacant land provides room for future development or additional income-producing structures. With strong occupancy history and a convenient location just 20 minutes from Athens, this property is well-positioned to attract Ohio University students and long-term tenants. Whether you're a seasoned investor or just getting into the rental market, this complex offers solid cash flow, value-add opportunities, and room to grow.