106 Lind Street Russells Point, OH $ 395,000
106 Lind Street
$ 395,000
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106 Lind Street

Russells Point, OH, 43348
$ 395,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,464

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Commercial Property for sale in Russells Point, OH

for $395,000. This building was built in 1953 on a lot size of 0.15.

Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.

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Commercial Active

Price

$ 395,000

Property Type

Commercial

Taxes

$ 2,121

Style

Lot Size

0.15

Year Built

1953

Town/City

Russells Point

County/Region

Logan

MLS | Web ID

225045796

Features
General
Sewer Public Sewer
Heating Forced Air Other
Utilities Water Available Sewer Available Electricity Available
Year Built 1953
Stories Count 1
Township Washington
Property Subtype Hotel/Motel
Tax Year 2024
Gross Income 40000.0
County Logan
Net Operating Income 26000.0
Operating Expense 14000.0
Property Type Commercial Sale
Status Active
City Russells Point
Number Of Units Total 4
Lot Size Square Feet 6534.0
Land Lease Y/N N
Tax Annual Amount 2121.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.15
Spa N
Building Area Total 0.0
Lot Size Acres 0.15
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 1 106
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* Excluded Features
List By
Malia K Hughes

Listing Agent

Key Realty

Broker

maliarealtor@gmail.com

Email

Affordability Calculator

$2,641
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,464
Monthly Property Taxes
$177
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
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$395,000 Listed Price

Map


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106 Lind Street, Russells Point, OH, 43348 is a Commercial Property for sale at $395,000 with a lot size of 0.15. 106 Lind Street was built in 1953. The property's zip code is 43348 which is in Russells Point, OH