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620-672 Hagenbuch Street

Urbana, OH 43078
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Bed --

Bed

Bath 0

Bath

Acres1.19

Acres(Lot)

This income-producing multi-family investment property offers 12 rental units across five separate buildings on a combined 1.19 acres and is being sold with three parcels. Whether you're purchasing your first multi-unit property or expanding an existing investment portfolio, this property allows an additional upside through future rental increases. The property includes four duplex buildings located at 652-656 Hagenbuch Street, 660-664 Hagenbuch Street, 668-672 Hagenbuch Street, and 807-809 Concord Street. Each duplex contains two 2 bedrooms, 1 bath apartments. The fifth building, located at 620-644 Hagenbuch Street, is a four-unit building featuring two 2 bedrooms, 1 bath apartments and two 1 bedroom, 1 bath apartments. Combined, the five buildings offer approximately 7,232 square feet of living space and generates a rental income of $8,675 per month. Some units have been remodeled, while others present opportunities for value-added improvements. Current rents range from $425 to $900 per month, offering potential for increased income as leases renew. The property also benefits from a stable tenant base, with several long-term residents who have occupied their units for 11, 15, and more than 20 years. The sale includes 12 refrigerators and 12 ranges, allowing for a smooth transition to new ownership. The owner currently pays for water, sewer and trash service, with water/sewer expenses averaging approximately $360 per month, while tenants are responsible for all other utilities. Current annual property insurance is approximately $6,100. With a diverse unit mix, established occupancy, and opportunity to increase rental income, this well-located multi-family property presents an excellent investment opportunity for both new and experienced investors.

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Detail Ic Property Details

Property Type : Residential Income

Price : $809,900

AD Id : 88314665

MLS Id : 226027456

Lot Size : 1.19 Acres

Year Built : 1955

County : Champaign

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas

  • Building Information

    Year Built: 1955 Construction Materials: Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 1.19 Lot Size Acres: 1.19 Lot Size Square Feet: 51836.4

  • Listing Price Information

    Listing Price: $809900 Conventional

  • Tax Information

    Parcel Number: K48-25-00-04-05-012-02 Tax Year: 2025 Annual Tax: $5693.4

  • Parking Information

    No Garage

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5230 W Us Highway 36, Urbana, OH, 43078 $749,900 4 2 2,996 2,996 SqFt
5230 W Us Highway 36, Urbana, OH, 43078 $749,900 4 2 2,996 2,996 SqFt
3192 E Ohio 296, Urbana, OH, 43078 $369,900 3 2 1,560 1,560 SqFt
2614 E State Route 29, Urbana, OH, 43078 $394,900 3 2 2,075 2,075 SqFt
1450 Kennard Kingscreek.., Urbana, OH, 43078 $299,900 4 1 1,642 1,642 SqFt
1473 Knight Road, Urbana, OH, 43078 $260,000 3 2 1,452 1,452 SqFt
596 Scioto Street, Urbana, OH, 43078 $336,000 3 2 2,777 2,777 SqFt
596 Scioto Street, Urbana, OH, 43078 $336,000 3 2 2,777 2,777 SqFt
613 Boyce Street, Urbana, OH, 43078 $315,500 5 3 3,411 3,411 SqFt
613 E Light Street, Urbana, OH, 43078 $229,900 3 1 960 960 SqFt

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus REALTORS®. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information deemed reliable but not guaranteed. Copyright © 2026 Columbus REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 05:50

MLS: 226027456 LISTED BY: V. Patrick Hamilton, REMAX Alliance Realty 937-652-1100 SOURCE: Columbus and Central Ohio Regional MLS

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