Under Contract

305 N Elm Street

Prospect, OH 43342
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Bed --

Bed

Bath 0

Bath

Acres0.71

Acre(Lot)

Outstanding investment opportunity in the heart of Prospect, Ohio! Come and see these 4, well-maintained, separate ranch-style rental units. Each building features 960 sq ft of living space, 2 bedrooms, 1 bath, dinette area, laundry room, living room, kitchen and an attached 1-car garage. Built on approximately 0.7 acres and overlooks the Scioto River. A new roof was installed on unit 305 1/2 in 2024. All units are currently rented to long term tenants and current rent is below market value. This is an excellent income property for the savvy investor.

Detail Ic Property Details

Property Type : Residential Income

Price : $419,000

AD Id : 77071551

MLS Id : 226011982

Lot Size : 0.71 Acre

Year Built : 1989

County : Marion

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1989 Construction Materials: Block, Frame, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.71 Lot Size Acres: 0.71 Lot Size Square Feet: 30927.6

  • Listing Price Information

    Listing Price: $419000 Original Price: $475000

  • Tax Information

    Parcel Number: 270020001600 Tax Year: 2025 Annual Tax: $7026.68

  • Parking Information

    Garage Door Opener

    Garage Information

    Has Garage: Yes

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available
  • Location Information

    WaterSource: Public, See Remarks, Well, Private
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
587 Bethlehem Road, Prospect, OH, 43342 $249,000 3 1 1,100 1,100 SqFt
6739 Smeltzer Road, Prospect, OH, 43342 $279,900 3 2 1,269 1,269 SqFt
2024 Owens Road, Prospect, OH, 43342 $274,900 3 2 1,632 1,632 SqFt
105 Opal Lane, Prospect, OH, 43342 $499,900 3 3 1,992 1,992 SqFt
312 Park Avenue, Prospect, OH, 43342 $275,000 4 3 1,526 1,526 SqFt
307 Park Avenue, Prospect, OH, 43342 $275,000 3 2 1,164 1,164 SqFt
306 E Water Street, Prospect, OH, 43342 $259,900 3 2 1,241 1,241 SqFt
7745 State Route 257, Prospect, OH, 43342 $499,000 3 2 2,322 2,322 SqFt
4094 Larue Prospect Road, Prospect, OH, 43342 $364,900 3 3 3,341 3,341 SqFt
3959 Larue Prospect Road, Prospect, OH, 43342 $199,999 6 2 2,410 2,410 SqFt

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ByOwner last updated this listing 07/19/2026 @ 12:55

MLS: 226011982 LISTED BY: Matthew Williams, Keller Williams Consultants 614-932-2000 SOURCE: Columbus and Central Ohio Regional MLS

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