500 Eastern Avenue, New Lexington, OH, 43764

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$297,000
276 Days On Site

500 Eastern Avenue
New Lexington, OH 43764

For Sale|Triplex|Active
6
Beds
3
Total Baths
3
Full Baths
2,500
SqFt
$119
/SqFt
1991
Built
Subdivision:
Fi Rst Add
County:
Perry
Call Now: 330-440-3253
Is this the listing for you? We can help make it yours.
330-440-3253
500 Eastern Avenue500 Eastern Avenue500 Eastern Avenue500 Eastern Avenue
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Monthly Payment (Est.)

$1,355
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For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels—one for the duplex and one for the cottage—offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!

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Listing Snapshot
Price 
$297,000
Days On Site 
276 Days
Bedrooms 
6
Inside Area (SqFt) 
2,500 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1991
MLS® Number 
5149912
Status 
Active
Property Tax 
$1,238
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoStatus changed to Active
6 months agoListing updated with changes from the MLS®
8 months agoPrice changed to $297,000
9 months agoListing first seen on site
General Features
Acres 
0.15
Levels 
Two
Number Of Stories 
2
Parking 
GravelKitchen LevelOn Site
Property Condition 
Updated/Remodeled
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2500
Water Source 
Public
Interior Features
Appliances 
DryerRefrigeratorWasher
Basement 
Crawl SpaceDirt FloorPartially Finished
Cooling 
Ceiling Fan(s)Wall/Window Unit(s)Central Air
Heating 
Natural Gas
Interior 
Ceiling Fan(s)
Laundry Features 
Laundry RoomIn Unit
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Vinyl Siding
Fencing 
None
Lot Features 
Back YardCorner LotFront Yard
Pool Features 
Community
Roof 
Metal
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
PoolPlaygroundPark
School District 
New Lexington CSD - 6402
Township 
Pike Twp
Schools
School District
New Lexington CSD - 6402
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Joan Elflein of Ohio Broker Direct



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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