644 Hagenbuch Street, Urbana, Ohio image 1
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644 Hagenbuch Street

Urbana, OH 43078
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$809,900 $3,414/Mo
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Bed 14

Bed

Bath 14

Bath

SqFt7,232

Sqft

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 : 88309468

MLS Id : 964781

Beds : 14

Lot Size : 1.19 Acres

Living Area Size : 7,232

Year Built : 1955

County : Champaign

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Feature Features

  • Bedroom Information

    Total beds: 14

    Bathroom Information

    Total Baths: 14 Full Baths: 14

    Room Information

    Basement: Crawl Space

  • Interior Features

    Appliances: Range, Refrigerator

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Cooling: None

  • Building Information

    Year Built: 1955 Building Area Total: 7232 Construction Materials: Asbestos, Vinyl Siding Private Pool: No

  • Lot Information

    Lot Dimensions: 1.19 Acres Lot Size Acres: 1.19 Lot Size Source: Assessor

  • Listing Price Information

    Listing Price: $809900 Conventional

  • Tax Information

    Parcel Number: K48-25-00-04-05-012-02 Tax Legal Desc: RTS 00-00-00 DEPOSITORS LOTS 500-599 PT LOT 507

  • Parking Information

    No Garage

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available

  • Location Information

    WaterSource: Public
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Nearby Home Value

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127 Miami Street, Urbana, OH, 43078 $610,000 5 7 7,954 6,235 Sqft
827 N Oakland Street #8.., Urbana, OH, 43078 $240,000 3 2 1,904 8,424 Sqft

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Dayton REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Dayton REALTORS®. All rights reserved.

ByOwner last updated this listing 09/11/2026 @ 12:42

MLS: 964781 LISTED BY: V Patrick Hamilton, RE/MAX Alliance Realty 937-652-1100 SOURCE: Dayton REALTORS

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