$650,000
About this home
Rare opportunity to expand your real estate investment portfolio! This exceptional income-producing property features 14 total rental units situated on 3.25 acres with convenient access from Kipton Nickel Diagonal Road, and U.S. Route 20. The property includes 10 residential units, each offering 2 bedrooms, 1 full bathroom, private in-suite laundry, ceramic tile flooring throughout, and a refrigerator and stove that will remain with the property. The metal roof was replaced approximately three years ago. Also included is a 72' x 162' outbuilding with concrete floors, currently occupied by an established mechanic's business, providing additional commercial rental income. Above the outbuilding are 4 additional apartment units, further enhancing the property's revenue potential. This is a 100% occupied investment, with all residential units and the commercial space currently leased, providing immediate cash flow from day one. This well-maintained, fully leased property offers multiple income streams and outstanding long-term investment potential. Showings require a fully executed purchase contract and a minimum of 48 hours' notice.
Property details
- MLS
- NOWDD
- MLS #
- 5225081
- Property type
- Retail
- Subdivision
- Pittsfield
- Status
- Active
- Days on market
- 42
- On market date
- July 6, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 3.25 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 1
- District
- Oberlin City Schools
- Enrollment
- 207
- Student:teacher ratio
- 9.4:1
- District
- Oberlin City Schools
- Enrollment
- 1,130
- Student:teacher ratio
- 15.5:1
- District
- Lorain County JVS
Walkability
Blended score for Oberlin's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 17, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.