106 E Main St Spencer, OH 44275
Estimated payment $1,275/month
About This Home
Calling all investors! Rare opportunity to own a fourplex in the heart of downtown Spencer. Zoned commercial, this property offers endless opportunities to generate income- whether you're looking to add to your rental portfolio or renovate for resale. With the 'heavy lifting' completed already- from a brand-new roof ($20k) and professional mitigation and cleaning throughout that has brought it down to the studs, making it the perfect blank canvas -ready for your vision! The options are endless- currently framed and plumbed for 8 bedrooms, common areas, 4 kitchens and 4.5 bathrooms, this versatile space could be restored to its previous layout of four spacious 2-bedroom units, a combination of residential and commercial use with a storefront, and so much more. Perfectly situated in a prime downtown location with easy access to amenities, this is your chance to create something exceptional. Don’t miss out on this unique investment opportunity!
Listing Agent
Keller Williams Citywide Brokerage Email: hpannetti@kw.com 216-403-2447 License #2020002232 Listed on: 01/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,931
Year Built
- Built in 1900
Parking
- On-Site Parking
Home Design
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 4,260 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Additional Features
- 4,574 Sq Ft Lot
- Heating System Uses Gas
Community Details
- Centerville Subdivision
Listing and Financial Details
- Assessor Parcel Number 037-27A-03-101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,049 | $52,670 | $3,130 | $49,540 |
| 2023 | $3,049 | $52,670 | $3,130 | $49,540 |
| 2022 | $2,999 | $52,670 | $3,130 | $49,540 |
| 2021 | $2,788 | $50,160 | $2,980 | $47,180 |
| 2020 | $2,849 | $50,160 | $2,980 | $47,180 |
| 2019 | $2,904 | $50,160 | $2,980 | $47,180 |
| 2018 | $3,074 | $52,980 | $5,710 | $47,270 |
| 2017 | $3,080 | $52,980 | $5,710 | $47,270 |
| 2016 | $3,141 | $52,980 | $5,710 | $47,270 |
| 2015 | $3,025 | $50,450 | $5,430 | $45,020 |
| 2014 | $3,013 | $50,450 | $5,430 | $45,020 |
| 2013 | $3,009 | $50,450 | $5,430 | $45,020 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | For Sale | $185,000 | +27.6% | $43 / Sq Ft |
| 07/02/2021 07/02/21 | Sold | $145,000 | -9.3% | $34 / Sq Ft |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $159,900 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $145,000 | None Available | |
| Warranty Deed | $189,900 | -- | |
| Deed | $170,000 | -- | |
| Warranty Deed | $122,000 | Executive Title Agency Corp | |
| Deed | $70,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $136,000 | Commercial | |
| Previous Owner | $85,400 | Commercial | |
| Previous Owner | $72,000 | Commercial |
Source: MLS Now
MLS Number: 5094430
APN: 037-27A-03-101
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