3 Beds

n/a Full bath

n/aSqFt

Active

Prime investment opportunity in Glouster, Ohio! Prime investment opportunity in Glouster, Ohio! This fully occupied triplex generates $1,880 in monthly rental income, with two 1-bedroom units renting for $700 each and one 1-bedroom unit renting for $480. The property has been meticulously maintained, including a complete top to bottom remodel of two units in 2021-everything from subflooring to light fixtures was replaced-and the addition of a brand-new deck. A storage building on the property offers additional potential and could be converted into another rental unit to boost income. With paying tenants in place and $17,869 in net income in 2023 at a 25% profit margin, this property needs nothing and is truly turnkey. An excellent chance to own a profitable asset with the added option to expand your portfolio by purchasing the neighboring triplex at 18 North, also for sale!

Property Details
Price $164,000
Bedrooms 3
Full Baths 0
Half Baths 0
Lot Size Area 6098.4
Lot Size Area Units Square Feet
Acres 0.14
Property Type MultiFamily
MLS Sub type Multi Family
Stories 0
Features Laminate Counters
Year Built 1900
Roof Asphalt Shingle, Metal
Heating Forced Air-Gas, Baseboard-Electric
Foundation Concrete Block
Association Fee 0
Geographic Data
County Athens
Latitude 39.5050395
Longitude -82.0799734
Address Information
Address 22 Fairlawn Ave, Glouster, OH 45732
Postal Code 45732
City Glouster
State OH
Country United States
Listing Information
Listing Office The Athens Real Estate Co., Ltd.
Listing Agent Ally Rapp Lee
MLS Information
MLS Status Active
Listing Last Modified Sep 12, 2025
Tax ID M040030008300
Tax Annual Amount 784
MLS # 2432921

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This information is believed to be accurate, but without any warranty. Last Update: 2025-09-19T07:47:03.077097Z


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