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518 N OHIO AVE

Multi-family Recently Sold
$420,000

BTC: 5.43337646

ETH: 171.49857085

Sold on: 2025-06-02
New
0 room(s)
3,763 sqft

Overview

This 3,763 square feet 10-bedroom 3 bathroom renovated home (new flooring, new water heaters, new electrical breakers, new bathroom cabinets, new doors, new paint, etc.) has 4,768 square feet under roof and is ideal for an investor or a home owner. It is a duplex with two separate addresses, two mailboxes, separate parking for both units, and is in a quiet neighborhood with no HOA. The home has a good rental income. Please do not disturb the tenants. Showing can be arranged. As an investor, you can earn $55,796 in gross annual rental income. The 518 N Ohio Ave. unit has 6 bedrooms and 2 bathrooms, has high ceilings and an open floor plan. The first floor has a large kitchen, extra-large living room, dining room, 2 large bedrooms, 1 bathroom, 2 open porches, and plenty of closets. The second floor has three large and one medium bedroom with 1-bathroom, large walk-in closet and attic for storage. This unit is ideal for an owner to live in and rent the other unit to pay off the mortgage. The 704 W Magnolia St. unit has a separate entrance and separate parking and mailbox and has 4 bedrooms, one bathroom, kitchen, living room, hallway, and porch

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1923
Lot:
0.21 Acres
Heating:
Central
Price/sqft:
$112
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$715,000
$347K – $865K
Confidence Low
List vs. estimate
$295K below estimate
List $420,000 · -41.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$111
-30.4% vs. city median $160
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,338
2023
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Walk-In Closet(s)

  • Property

    • Levels: Two

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 232813067500010011

    • Zoning: RA-4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,338

  • Source details

    • MLS ID: J989671

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Crawlspace

    • Laundry Features: Inside

    • Living Area: 3763

    • Water Source: Public

    • Subdivision Name: BOWYERS SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: STELLAR NON-MEMBER OFFICE