1631 Jackson Lane Middletown, OH $ 3,750,000
1631 Jackson Lane
$ 3,750,000
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1631 Jackson Lane

Middletown, OH, 45044
$ 3,750,000
Baths0.0 Sq 28,032

Monthly Estimate*

$ 23,089

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Studio

Multi-Family Home for sale in Middletown, OH

for $3,750,000. This 28,032 square foot home was built in 1981.

Well-maintained 48-unit multifamily community in Middletown, Ohio, featuring 48 spacious one-bedroom, one-bath apartments, each with a living room, dining area, and kitchen. This income-producing asset offers desirable tenant amenities, including an on-site leasing office, laundry facility, and dog park. Recent capital improvements include a new roof installed in 2022 and all new electrical service completed in 2023. Select units have also been updated with new hot water heaters, flooring, countertops, and other interior finishes. Rents continue to trend upward as units turn over, providing a clear path for continued revenue growth. The property also benefits from an on-site maintenance employee, with those expenses already incorporated into the current NOI. Located between Dayton and Cincinnati, this property presents an excellent investment opportunity with stable cash flow and additional upside potential through continued unit upgrades and operational efficiencies.

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Multi-Family Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1981

Town/City

Middletown

County/Region

Butler

MLS | Web ID

1877557

Features
General
Sewer Public Sewer
Heating Electric
Cooling Wall Unit
Roof Shingle
Garage None
Unit 4 Rent 0.0
Unit 2 Rent 0.0
Unit 3 Rent 0.0
Unit 1 Rent 0.0
Garage Spaces 0.0
Construction Materials Brick
Year Built 1981
Levels Three
Property Subtype Apartment
County Butler
Net Operating Income 305054.0
Property Type Residential Income
Close Price 0.0
Status Active
Directions 75 to Middletown exit - Roosevelt Blvd. To right on Jackson Lane.
City Middletown
High School District Middletown City SD
Open Parking Spaces 0
Number Of Units Total 48
MLS Area Butler-W19
Lot Size Units Acres
Lot Size Square Feet 0.0
Structure Type Garden
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Interior
Basement None
Fireplace Features None
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 0
Unit3Bedrooms 0
Window Features Slider
Bedrooms Possible 0
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Exterior
Parking Features Lot
Water Source Public
Foundation Details Poured
Lot Size Acres 0.0
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Internal Only
Street Number 1 1631
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* Excluded Features
List By
Keller Williams Community Part

Broker

amyhamilton1@kw.com

Email

Affordability Calculator

$23,089
Per Month
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Monthly Principal & Interest
$23,089
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Default based on a 30-year fixed rate of 6.25% 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
4319654 Elementary School
4319747 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$3,750,000 Listed Price

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1631 Jackson Lane, Middletown, OH, 45044 is a Multi-Family Home for sale at $3,750,000 with 28,032 sqft. 1631 Jackson Lane is a studio with 0.0 baths and was built in 1981. The property's zip code is 45044 which is in Middletown, OH