488 N Jay Street West Milton, OH $ 425,000
488 N Jay Street
$ 425,000
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488 N Jay Street

West Milton, OH, 45383
$ 425,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 2,651

488 N Jay Street, West Milton, OH 45383 - Image 1
488 N Jay Street, West Milton, OH 45383 - Image 2

Multi-Family Home for sale in West Milton, OH

for $425,000 with 8 bedrooms. This home was built in 1963 on a lot size of 0.29.

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 brings in $3,500/month gross in total rental income. Tenants are responsible for all utilities except trash. Recent upgrades include three brand-new electric panels and full electrical updates brought to code as of April 2023. One Fully Renovated unit in 2025. The building also 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. Additional improvements over time include updated windows, sliding glass doors, and blown-in attic insulation for improved energy efficiency. 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

$ 425,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 1,385

Style

Lot Size

0.29

Year Built

1963

Town/City

West Milton

County/Region

Miami

MLS | Web ID

225022141

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Available Sewer Available Natural Gas Available Electricity Available Storm Sewer
Year Built 1963
Township Union
Property Subtype Townhouse
Tax Year 2024
Gross Income 42000.0
County Miami
Net Operating Income 36060.0
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 12632.4
Land Lease Y/N N
Tax Annual Amount 1385.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Water Source Public
Lot Size Area 0.29
Spa N
Lot Size Acres 0.29
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 488
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* Excluded Features
List By
Andrew C Wade

Listing Agent

Roby Realty

Broker

andrew@robyrealty.com

Email

Affordability Calculator

$2,767
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,651
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$425,000 -4.49% Price Down
6/18/2025$445,000 Listed Price

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488 N Jay Street, West Milton, OH, 45383 is a Multi-Family Home for sale at $425,000 with a lot size of 0.29. 488 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