$350,000
UNDER CONTRACT

734 W Lake Ave New Carlisle, OH 45344

Estimated payment $2,254/month

Total Views 115
8 Beds
4 Baths
3,428 Sq Ft
$102 Price per Sq Ft

Highlights

  • Patio
  • High Speed Internet
  • 2-minute walk to Willowick Park
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

Prime 4-Unit Investment Property! This strong-performing 4-unit building, is fully occupied with signed leases in place. Each unit is approximately 857 sq ft and offers 2 bedrooms, 1 bath, living room, kitchen and laundry—all on one level, appealing to long-term tenants and reducing turnover. Investment Highlights:100% occupancy with leases in place, consistent rental income and tenant demand, off-street parking plus patios with privacy fence for all units. Recent Updates include Unit 734 has been remodeled, Unit 736 has new vinyl plank flooring, Driveway replaced (3 years old), Two new attic exhaust fans (2025) and three central air units (2024). This well-maintained property combines stable cash flow with recent upgrades, making it an excellent addition to any investor portfolio.

Listing Agent

Erin Heider

BHHS Professional Realty Brokerage Phone: (937) 426-7070 License #2009000668 Listed on: 08/26/2025

BHHS Professional Realty

Co-Listing Agent

Diana Taylor

BHHS Professional Realty Brokerage Phone: (937) 426-7070 License #2016003114

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3,428 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Additional Features

  • Patio
  • 0.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0300500035411022

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $29,700
  • Net Operating Income $21,654

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator, Gas Water Heater
  • Cooling System: Central Air
  • Property Sub Type: Multi Family
  • Year Built: 1970
  • Attribution Contact: (937) 426-7070
  • Lot Size Acres: 0.334
  • Co List Office Mls Id: BHHS09
  • Co List Office Phone: (937) 426-7070
  • Co List Office Phone: (937) 426-7070
  • MLS Status: Active Under Contract
  • Living Area: 3428.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: UnderContract

Interior Features

  • Interior Amenities: High Speed Internet, Laminate Counters
  • Property Type: Residential Income
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 1

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, No Garage

Utilities

  • Heating: Forced Air
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Tecumseh

Lot Info

  • Lot Dimensions: 0.334
  • Lot Size Sq Ft: 14549.0
  • Parcel Number: 0300500035411022
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Annual Gross Income: 29700.0
  • Property Net Operating Income: 21654.0
  • Number Of Units Total: 4

Map

Range of Values:

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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
08/26/2025 08/26/25 For Sale $350,000 -- $102 / Sq Ft
Source: Dayton REALTORS®

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See All Homes in New Carlisle

Source: Dayton REALTORS®

MLS Number: 942180

Dayton REALTORS®
Ohio Clark County New Carlisle 45344

734 W Lake Ave, New Carlisle, OH

This home is located at 734 W Lake Ave, New Carlisle, OH 45344 and is currently priced at $350,000, approximately $102 per square foot. This property was built in 1970. 734 W Lake Ave is a home located in Clark County with nearby schools including New Carlisle Elementary School, Park Layne Elementary School, and Donnelsville Elementary 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.

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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Erin Heider
Listing Agent
Erin Heider
Section Image
BHHS Professional Realty
(326) 600-2028