118 W Main St New London, OH 44851
Estimated payment $1,064/month
Total Views
2,507
--
Bed
--
Bath
2,499
Sq Ft
$68
Price per Sq Ft
About This Home
Excellent investment opportunity in New London! This income-producing triplex features three spacious units, each offering 3 bedrooms and 1 bathroom. With solid rental potential and a desirable layout for tenants, this property is a great addition to any investor's portfolio. Whether you're looking to expand or begin your real estate journey, this fully occupied triplex delivers steady cash flow in a growing market. PLEASE ALLOW 48 HOURS for response to any offers
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,611
Year Built
- Built in 1972
Lot Details
- 7,841 Sq Ft Lot
Home Design
- 2,499 Sq Ft Home
- Duplex
- Vinyl Siding
Parking
- No Garage
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
Listing and Financial Details
- Assessor Parcel Number 26-022A-10-011-0000
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $2,825
- Gross Income $23,700
- Net Operating Income $23,700
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,611 | $43,470 | $3,670 | $39,800 |
| 2023 | $1,611 | $30,540 | $3,120 | $27,420 |
| 2022 | $1,094 | $30,540 | $3,120 | $27,420 |
| 2021 | $1,095 | $30,540 | $3,120 | $27,420 |
| 2020 | $1,110 | $28,870 | $2,450 | $26,420 |
| 2019 | $1,105 | $28,870 | $2,450 | $26,420 |
| 2018 | $1,080 | $28,870 | $2,450 | $26,420 |
| 2017 | $1,154 | $33,200 | $2,450 | $30,750 |
| 2016 | $1,135 | $33,200 | $2,450 | $30,750 |
| 2015 | $1,133 | $33,210 | $2,450 | $30,760 |
| 2014 | $1,022 | $29,370 | $2,450 | $26,920 |
| 2013 | $1,015 | $29,370 | $2,450 | $26,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 07/03/2025 07/03/25 | For Sale | $169,900 | -- | $68 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $25,900 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- |
Source: Public Records
Similar Home in New London, OH
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225024406
APN: 26-022A-10-011-0000
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