701 N Wayne Street, Piqua, OH 45356

$685,000
10
BD
8
BA
6,782
SqFt

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List Price
$685,000
Status
ACTIVE
Days on Market
16
MLS#
971615
Subtype
Residential Income
Year Built
1920
Bedrooms
10
Bathrooms
8
Full Baths
8
Living Area
6,782
Acres
0.27

Property Description

Incredible high-yielding multi-family addition for your portfolio in Piqua! Located half a mile north of downtown, this investment opportunity features two separate brick structures comprising two studios, two 1-bedroom units, and four spacious 2-bedroom units sharing 6,782 sqft. Over $145k in updates since 2018, including a newer shingle roof (approx. 3 yrs old), brand new windows (2023), finished exteriors, and beautifully updated interior configurations finalized between 2019 and 2025. Offers stable cash flow with active leases signed into 2027 at full asking rates. Current average effective rent $8638/mo. Features on-site driveway parking alongside a detached 2-car garage. Immediate turnkey operational value with excellent room for continued optimization. Buyer to verify all figures.

Additional Information

Zoning
Multiple
Heating
Forced Air
Air Conditioning
None
Garage Spaces
2.0
School District
Piqua

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Courtesy of Eric Mielke and Outside The Box Real Estate

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