$360,000
SOLD FEB 18, 2025

37 S Plains Rd the Plains, OH 45780

9 Beds
6.5 Baths
1,277 Sq Ft
0.6 Acres

Recently Sold

$282 Per Sq Ft

15% Below List Price

89 Days on Market

Highlights

  • Covered patio or porch
  • Central Air
  • Carpet
  • Double Pane Windows

About This Home

As of February 2025

This exceptional real estate investment package features 4 well-maintained structures housing 5 fully rented units, generating over $3,000/month. The diverse property mix includes a duplex, a one-bedroom home, and two mobile homes-all in excellent condition. Located in a prime area with strong tenant demand, the property offers off-street parking for tenant convenience, enhancing its appeal. As a bonus, there's a vacant lot with potential to add another structure, providing an opportunity to further increase rental income. With solid cash flow, long-term growth potential, and minimal maintenance, this turnkey investment is ready to generate consistent returns. Don't miss out on expanding your portfolio with this income-generating property and its future development possibilities! 24 hour notice required.

Last Agent to Sell the Property

Stephanie Wood

Ohio Realty Brokerage Phone: (740) 707-1437 License #SAL.2006004406 Listed on: 09/20/2024

Last Buyer's Agent

Stephanie Wood

Ohio Realty Brokerage Phone: (740) 707-1437 License #SAL.2006004406 Listed on: 09/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,241

Year Built

  • 1958

Lot Details

  • 0.6 Acre Lot

Home Design

  • Quadruplex
  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6.5 Bathrooms

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Athens Csd Middle School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • Internet Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number A040240301000, A0402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,241

Year Built

1958

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: A040240301000, A0402
  • Property Style: 4+ Units
  • Property Sub Type: Resale Home, HOA-No, Investment Property (Rental)
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Units
  • OFFICELIST_STATE: OH
  • Year Built: 1111
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, W/D Hookups, Water Heater- Electric, Oven/Range- Electric
  • Total Bathrooms: 6.5
  • Lower Floor 1 Bedrooms: 9
  • Interior Amenities: Countertops- Laminate, Flooring- Carpet, Flooring- Vinyl, Windows- Double Pane

Exterior Features

  • Exterior Construction: Siding-Vinyl
  • Exterior Features: Gutters & Downspouts, Outdoor Lighting, Porch- Covered
  • Foundation: Concrete Block, Brick
  • Roof Type: Asphalt Shingle, Metal

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump-Electric
  • Utilities: Water: City/Public, Sewer: Municipal, Internet-Cable, Power: AEP

Condo/Co-op/Association

  • Units In Building: 5

Schools

  • Junior High: Athens CSD

Lot Info

  • Lot Size: 0.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2018
Sold by
Karasko Lynn M
Bought by
Buckley Chhelsea D
Total Days on Market
89
Current Estimated Value
$155,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,909
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2008
Sold by
Krasko Lynn M
Bought by
State Of Ohio Dept Of Transportation
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 Secure Title Services
Warranty Deed $191 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,380 FHA
Closed $90,909 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Off Market $399,900 -- --
02/18/2025 02/18/25 Sold $360,000 -10.0% $282 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $399,900 -5.9% $313 / Sq Ft
09/20/2024 09/20/24 For Sale $425,000 -- $333 / Sq Ft
Source: Athens County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,241 $39,710 $8,060 $31,650
2023 $2,127 $39,710 $8,060 $31,650
2022 $1,856 $32,790 $8,060 $24,730
2021 $1,864 $32,790 $8,060 $24,730
2020 $1,733 $32,790 $8,060 $24,730
2019 $1,605 $28,540 $7,760 $20,780
2018 $1,553 $28,540 $7,760 $20,780
2017 $2,650 $28,540 $7,760 $20,780
2016 $1,356 $26,330 $7,060 $19,270
2015 $2,597 $26,330 $7,060 $19,270
2014 $2,597 $26,330 $7,060 $19,270
2013 $2,659 $27,650 $7,060 $20,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Athens County Board of REALTORS®

MLS Number: 2432626

APN: A04-02405102-00