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640 Jefferson Street

Greenfield, OH 45123
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Bed --

Bed

Bath 0

Bath

Acres0.15

Acre(Lot)

Opportunity knocks in Greenfield--this 3-unit property offers immediate upside at an attractive price point. One unit is nearly rent-ready, while the other two need light cosmetic improvements, making this an ideal value-add for investors looking to build equity and cash flow quickly. Market rents support ~$600/month per unit, positioning the property for approximately $1,800/month ($21,600 annually) once stabilized. With conservative expenses, this asset has the potential to perform in the mid-to-high teens cap rate range. Low entry, strong rent potential, and a clear path to stabilization--this is a solid addition to any portfolio.

Detail Ic Property Details

Property Type : Residential Income

Price : $77,900

AD Id : 76918037

MLS Id : 226011063

Lot Size : 0.15 Acre

Year Built : 1920

County : Highland

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Feature Features

  • Building Information

    Year Built: 1920 Private Pool: No

  • Lot Information

    Main Square Feet: 0.15 Lot Size Acres: 0.15 Lot Size Square Feet: 6534

  • Listing Price Information

    Listing Price: $77900 Original Price: $79900

  • Tax Information

    Parcel Number: 27-15-001-169.00 Tax Year: 2025 Annual Tax: $1494

  • Parking Information

    No Garage
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
338 N Washington Street, Greenfield, OH, 45123 $159,900 -- -- --

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ByOwner last updated this listing 06/18/2026 @ 19:32

MLS: 226011063 LISTED BY: Ginson Speich, Keller Williams Greater Cols 614-944-5900 SOURCE: Columbus and Central Ohio Regional MLS

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