$295,000
SOLD FEB 14, 2023

57 W 2nd St Xenia, OH 45385

8 Beds
4 Baths
5,040 Sq Ft
7,155 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

3% Below List Price

6 Days on Market

About This Home

As of February 2023

Great Investment Opportunity located within walking distance to downtown Xenia. Currently under professional property management. Three units are rented (see attached rent roll) Unit #2 is currently being marketed for rent at $875 per month. Building has a boiler with owner paying the gas bill. There are four separate meters for water, with residents responsible for water. Almost all windows have been replaced in the last year. Property has a full basement, currently not being utilized.
Disclosures, seller certification, rent roll and cash flow are all attached to listing. Easy go and show for Unit #2.

Last Agent to Sell the Property

Lori Lyons

Glasshouse Realty Group Brokerage Phone: (937) 475-1607 License #2015004238 Listed on: 12/09/2022

Glasshouse Realty Group

Co-Listed By

Tricia Reynolds

Glasshouse Realty Group Brokerage Phone: (937) 475-1607 License #2016005915

Last Buyer's Agent

Test Member

Test Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,236

Year Built

  • 1937

Parking

  • No Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 7,155 Sq Ft Lot
  • Cooling Available

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number M40000100090010500

Community Details

Overview

  • 4 Units
  • Xenia Subdivision

Building Details

  • Gross Income $39,900
  • Net Operating Income $26,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,236

Year Built

1937

Lot Details

0

Listing Details

  • Cooling System: Window Unit(s)
  • Property Sub Type: Multi Family
  • Year Built: 1937
  • Attribution Contact: (937) 475-1607
  • Lot Size Acres: 0.1643
  • Co List Office Mls Id: HTGH01
  • Co List Office Phone: (517) 270-9907
  • Co List Office Phone: (517) 270-9907
  • MLS Status: Closed
  • Living Area: 5040.0
  • Master Plan Zoning: Commercial
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Other
  • Cooling Y N: Yes

Schools

  • Junior High Dist: Xenia

Lot Info

  • Lot Dimensions: .
  • Lot Size Sq Ft: 7155.0
  • Parcel Number: M40000100090010500
  • Zoning Description: Commercial

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Annual Gross Income: 39900.0
  • Property Net Operating Income: 26252.0
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 14, 2023
Sold by
Cooper Wesley L and Cooper Megan
Bought by
Alhassan Halimatu
Seller's Agent
Lori Lyons
Glasshouse Realty Group
Buyer's Agent
Test Member
Test Office
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
13
Current Estimated Value
$385,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,531
Avg. Annual Appreciation
10.03%
Original Mortgage
$329,000
Outstanding Balance
$319,654
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$58,961

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 3, 2021
Sold by
Rine Family Limited Liability Company
Bought by
Cooper Wesley L
Seller's Agent
Christopher Smith
eXp Realty
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$220,000
Sold Price
$219,000
Premium/Discount to List
-$1,000
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%
Original Mortgage
$164,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Rec Land Inc
Bought by
Rine Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $295,000 --
Warranty Deed $219,000 Lake Area Title Services Inc
Warranty Deed $70,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $329,000 New Conventional
Previous Owner $164,250 New Conventional
Previous Owner $56,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $295,000 -3.3% $59 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $305,000 +39.3% $61 / Sq Ft
08/01/2021 08/01/21 Off Market $219,000 -- --
05/03/2021 05/03/21 Sold $219,000 -0.5% $43 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $220,000 0.0% $44 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $220,000 -- $44 / Sq Ft
Source: Dayton 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 $4,236 $76,730 $13,000 $63,730
2023 $4,236 $76,730 $13,000 $63,730
2022 $4,562 $76,650 $6,500 $70,150
2021 $1,788 $29,590 $6,500 $23,090
2020 $1,722 $29,590 $6,500 $23,090
2019 $1,730 $28,590 $5,850 $22,740
2018 $1,745 $28,590 $5,850 $22,740
2017 $1,714 $28,590 $5,850 $22,740
2016 $1,715 $27,850 $5,850 $22,000
2015 $1,720 $27,850 $5,850 $22,000
2014 $1,661 $27,850 $5,850 $22,000
Source: Public Records

Agents Affiliated with this Home

  • Lori Lyons

    Seller's Agent in 2023

    Lori Lyons

    Glasshouse Realty Group

    (937) 475-1607

    3 in this area

    75 Total Sales

    Lori Lyons
    Section Image
  • Tricia Reynolds

    Seller Co-Listing Agent in 2023

    Tricia Reynolds

    Glasshouse Realty Group

    (937) 232-7803

    2 in this area

    58 Total Sales

    Tricia Reynolds
    Section Image

  • T

    Buyer's Agent in 2023

    Test Member

    DABR

  • C

    Seller's Agent in 2021

    Christopher Smith

    eXp Realty

    Section Image

  • N

    Buyer's Agent in 2021

    Not Member

    NOTCINCYMEM

See All Agents

Map

Source: Dayton REALTORS®

MLS Number: 878284

Dayton REALTORS®

APN: M40-0001-0009-0-0105-00

Ohio Greene County Xenia 45385

57 W 2nd St, Xenia, OH

This home is located at 57 W 2nd St, Xenia, OH 45385 and is currently priced at $295,000, approximately $58 per square foot. This property was built in 1937. 57 W 2nd St is a home located in Greene County with nearby schools including Xenia High School, Summit Academy Community School for Alternative Learners - Xenia, and Legacy Christian Academy.

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.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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