490 N Jay Street West Milton, OH $ 400,000
490 N Jay Street
$ 400,000
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490 N Jay Street

West Milton, OH, 45383
$ 400,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 2,495

490 N Jay Street, West Milton, OH 45383 - Image 1

Multi-Family Home for sale in West Milton, OH

for $400,000 with 8 bedrooms. This home was built in 1963 on a lot size of 0.38.

This low-maintenance, income-generating 4-unit building features four spacious 2-bedroom apartments, each with in-unit washer/dryer hookups. Currently fully occupied with mostly long-term tenants, the property's yearly net operating income is 33,360 Tenants are responsible for all utilities except trash.The building had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022. Property is being sold in as-is condition—an excellent opportunity for investors looking to add a solid asset to their portfolio.

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Multi-Family Active

Price

$ 400,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 1,378

Style

Lot Size

0.38

Year Built

1963

Town/City

West Milton

County/Region

Miami

MLS | Web ID

225025857

Features
General
Year Built 1963
Township Union
Property Subtype Townhouse
Tax Year 2024
Gross Income 39300.0
County Miami
Net Operating Income 33360.08
Operating Expense 5940.0
Property Type Multi-Family
Status Active
City West Milton
High School District MILTON UNION EVSD 5505 MIA CO.
Number Of Units Total 4
Lot Size Square Feet 16552.8
Land Lease Y/N N
Tax Annual Amount 1378.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Lot Size Area 0.38
Spa N
Lot Size Acres 0.38
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 490
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* Excluded Features
List By
Andrew C Wade

Listing Agent

Roby Realty

Broker

andrew@robyrealty.com

Email

Affordability Calculator

$2,610
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5181457 Elementary School
5181459 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$400,000 -3.61% Price Down
7/13/2025$415,000 Listed Price

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490 N Jay Street, West Milton, OH, 45383 is a Multi-Family Home for sale at $400,000 with a lot size of 0.38. 490 N Jay Street has 8 bedrooms, 0.0 baths, and was built in 1963. The property's zip code is 45383 which is in West Milton, OH