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340 N Locust Street, Oxford, OH 45056

$629,000
  • 340 N Locust Street, Oxford, OH 45056 Main Photo
New to the Market Active
BEDS0 BATHS SQUARE FEET2,732 MLS#1873964
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLTalawanda

Property Description

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.

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 $629,000. N Locust Street is located within the Talawanda school district. Search Oxford real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
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

Units

Unit Type 1:
Bedrooms: 2
Full Bath(s): 1
Total Rooms: 4
Unit Type 2:
Bedrooms: 2
Full Bath(s): 1
Total Rooms: 6
Unit Type 3:
Bedrooms: 2
Full Bath(s): 1
Total Rooms: 4

Amenities

Patio
Deck

Feature Descriptions

Days on Site: 3
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

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker College R.E.
Agency Phone: 513-523-2181
Agent Name: Kelly Umbstead

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 4,032.41 per month $3,518.45 Principal & Interest $330.50 Property Tax $183.46 Homeowner's Insurance

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