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About This Home

This 0-bedroom, 0-bathroom commercial at 41 Railroad Ave in New London, OH is listed for $329,900 ($179 per sqft). Built in 1938, the home offers 1,840 sqft of living space on a 0.12 acres lot.

Agent Description

Income-Producing Investment Opportunity! This multi-unit property features five rental units, including two 1-bedroom apartments and three 2-bedroom apartments, generating $2,850 per month in rental income. A solid opportunity for investors looking to add a performing asset to their portfolio.

The property offers consistent income potential with multiple units and a desirable rental mix. Whether you're expanding your portfolio or entering the investment market, this property provides immediate rental income and long-term potential. PLEASE ALLOW 48 HOURS for response to any offers

Key Features

  • Built in 1938
  • 0.12 acre lot

Property Details

1938

Monthly Cost Estimate

$1,764/mo

20% down · 6.5% · 30 years

Principal$239
Interest$1,430
Insurance$96

Estimates only. Actual payments may vary.

Location

41 Railroad Ave

New London, OH 44851

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 41 Railroad Ave is listed at $329,900 ($179/sqft). The estimated monthly payment is $1,430 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 0.12 acre lot.

This property is listed by Tracy Jones and can be reached at 4196128248 or tracy@thetracyjonesteam.com.

TJ

Tracy Jones

Agent at Keller Williams Elevate

(419) 612-8248

Listed by Keller Williams Elevate

MLS# 9072634· Source: listhub· Updated 83 days ago

Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

41 Railroad Ave, New London, OH 44851

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