1631 Jackson Ln Middletown, OH 45044
Greenfields NeighborhoodEstimated payment $22,637/month
Highlights
- No HOA
- Coin Laundry
- Heating Available
About This Home
Well-maintained 48-unit multifamily community in Middletown, Ohio, featuring 48 spacious one-bedroom, one-bath apartments, each with a living room, dining area, and kitchen. This income-producing asset offers desirable tenant amenities, including an on-site leasing office, laundry facility, and dog park. Recent capital improvements include a new roof installed in 2022 and all new electrical service completed in 2023. Select units have also been updated with new hot water heaters, flooring, countertops, and other interior finishes. Rents continue to trend upward as units turn over, providing a clear path for continued revenue growth. The property also benefits from an on-site maintenance employee, with those expenses already incorporated into the current NOI. Located between Dayton and Cincinnati, this property presents an excellent investment opportunity with stable cash flow and additional upside potential through continued unit upgrades and operational efficiencies.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $33,056
Year Built
- Built in 1981
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
Interior Spaces
- 28,032 Sq Ft Home
- 3-Story Property
- Sliding Windows
Home Security
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Separate Meters
- Natural Gas Not Available
Community Details
Building Details
- Insurance Expense $39,501
- Other Expense $61,297
- Water Sewer Expense $14,511
- Net Operating Income $305,054
Additional Features
- No Home Owners Association
- Coin Laundry
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $3,750,000 | -- | $134 / Sq Ft |
About the Listing Agent
Amy Hamilton is a professional licensed real estate salesperson in the Southwest Ohio area and is known for providing exceptional customer service and operating with utmost integrity. With over 10 years of real estate experience, Amy makes each transaction as smooth and stress-free as possible for her clients.
Amy began her selling career in business-to-business sales in 1994, and in 2014 joined Keller Williams Community Partners, where she has been able to provide numerous clients with
Amy's Other Listings
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1877557
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Ask me questions while you tour the home.