$133,900
PENDING

25 Park Ave Shelby, OH 44875

Estimated payment $788/month

Total Views 3,759
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Don’t miss this outstanding investment package — a single-family home and a triplex! This well-maintained property includes 4 total units, with 3 currently rented to long-term tenants and the fourth unit ready to be leased, offering immediate and increasing cash flow. Half of the units have been recently remodeled, enhancing value and tenant appeal. Two separate driveways provide convenient off-street parking. Ideally located in Shelby, just minutes from downtown and not far from the local school, this is a great multifamily opportunity with strong rental potential in a desirable area!

Listing Agent

Erin Rothhaar

Blackfork Realty LLC Brokerage Email: er@blackforkrealty.com 567-224-5583 License #2024004055 Listed on: 06/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 7,701 Sq Ft Lot

Interior Spaces

  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Carport Space
  • Alley Access
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • Shelby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046-08-135-01-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$699

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1890
  • Attribution Contact: er@blackforkrealty.com 567-224-5583
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Shelby
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.1768
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access, Carport, Driveway

Utilities

  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Shelby CSD - 7008

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 046-08-135-01-000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1275.0

Tax Info

  • Tax Annual Amount: 699.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,398 $35,680 $4,350 $31,330
2023 $1,398 $35,680 $4,350 $31,330
2022 $1,118 $25,530 $4,160 $21,370
2021 $1,118 $25,530 $4,160 $21,370
2020 $1,119 $25,530 $4,160 $21,370
2019 $1,035 $21,660 $3,530 $18,130
2018 $1,026 $21,660 $3,530 $18,130
2017 $1,016 $21,660 $3,530 $18,130
2016 $953 $20,450 $3,350 $17,100
2015 $953 $20,450 $3,350 $17,100
2014 $917 $20,450 $3,350 $17,100
2012 $475 $21,530 $3,530 $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
06/01/2025 06/01/25 For Sale $133,900 -- --
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Deed $48,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,400 Fannie Mae Freddie Mac
Closed $50,000 New Conventional
Source: Public Records

Similar Home in Shelby, OH

  • 7 Earl Ave, Shelby, OH 44875

    $99,900

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    • 2 Baths
    • 7 Earl Ave
    • Shelby, OH

    Shelby duplex with tenant in place and move in ready second unit! House hack - live in one side while renting the other - or rent the second unit for great cash flow! Each unit has a living room, dining room, and mud room on back, with both bedroom and full bath on second floor. Great buy for seasoned or new investors.

    Morgan Armstrong Keller Williams Legacy Group Realty

    Section Image

Source: MLS Now

MLS Number: 5127858

MLS Now

APN: 046-08-135-01-000