$445,000

488 N Jay St West Milton, OH 45383

Estimated payment $2,465/month

Total Views 5,788
-- Bed
-- Bath
1,854 Sq Ft
$240 Price per Sq Ft

About This Home

This low-maintenance, income-generating 4-unit building features four spacious 2-bedroom apartments, each with in-unit washer/dryer hookups. Currently fully occupied with mostly long-term tenants, the property brings in $3,500/month gross in total rental income. Tenants are responsible for all utilities except trash.Recent upgrades include three brand-new electric panels and full electrical updates brought to code as of April 2023. One Fully Renovated unit in 2025. The building also had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022.Additional improvements over time include updated windows, sliding glass doors, and blown-in attic insulation for improved energy efficiency. Property is being sold in as-is condition—an excellent opportunity for investors looking to add a solid asset to their portfolio.

Listing Agent

Andrew Wade

Roby Realty License #2016002338 Listed on: 06/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1963

Lot Details

  • 0.29 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 1,854 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L39011630

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $5,940
  • Gross Income $42,000
  • Net Operating Income $36,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,385

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2024
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.29
  • Total Gross Income: 42000.0
  • Co List Office Phone: 614-791-0050
  • MLS Status: Active
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 42000.0
  • Annual Expenses: 5940.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1854.0
  • Construction Block3: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features 1 Off Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MILTON UNION EVSD 5505 MIA CO.

Lot Info

  • Parcel Number: L39011630
  • Lot Size Sq Ft: 12632.4

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 36060.0
  • Annual Operating Expense: 5940.0

Tax Info

  • Tax Annual Amount: 1385.0

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $445,000 +96.0% $240 / Sq Ft
05/18/2023 05/18/23 Sold $227,000 +26.1% $122 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $180,000 -- $97 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225022141

Columbus and Central Ohio Regional MLS

APN: L39-011630

Ohio Miami County West Milton 45383

488 N Jay St, West Milton, OH

This home is located at 488 N Jay St, West Milton, OH 45383 and is currently priced at $445,000, approximately $240 per square foot. This property was built in 1963. 488 N Jay St is a home located in Miami County with nearby schools including Milton-Union Elementary School, Milton-Union Middle School, and Milton-Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Listing Agent
Andrew Wade
Section Image
Roby Realty
(326) 210-3404