# 500 Eastern Avenue, New Lexington, OH 43764

> **TL;DR:** 6bd/3ba residential multi family, $297,000 ($119/sqft), built 1991, 2,500 sqft.
> A/C. Est. $1,287/mo. Listed 283 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $297,000 |
| Price/sqft | $119 |
| Bedrooms | 6 |
| Bathrooms | 3 full |
| Square Feet | 2,500 |
| Year Built | 1991 |
| Lot Size | 6,534 sqft (0.15 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 283 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,287 |
| **Total** | **$1,287** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1991
- 0.15 acre lot
- 2 stories

## Description

### Agent Description
For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels-one for the duplex and one for the cottage-offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!

## Location

- **Address:** 500 Eastern Avenue, New Lexington, OH 43764
- **County:** Perry
- **Neighborhood:** Fi Rst Add
- **Coordinates:** 39.712082, -82.200463
- **Google Maps:** https://www.google.com/maps?q=39.712082,-82.200463

## Listing Agent

- **Name:** Joan Elflein
- **Brokerage:** Ohio Broker Direct
- **Phone:** 6149897215
- **Email:** sold@ohiobrokerdirect.com

## Primary Photo

![500 Eastern Avenue - Primary Photo](http://lh.rdcpix.com/50a28341a600659da0f3da5ebd98bee9l-f2627928810r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/500-eastern-avenue-new-lexington-oh-43764-5149912)*

---

**MLS#:** 5149912 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/500-eastern-avenue-new-lexington-oh-43764-5149912)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "500 Eastern Avenue, New Lexington, OH 43764",
  "description": "For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in plac",
  "url": "https://www.propertysimple.com/listing/500-eastern-avenue-new-lexington-oh-43764-5149912",
  "image": "http://lh.rdcpix.com/50a28341a600659da0f3da5ebd98bee9l-f2627928810r.jpg",
  "datePosted": "2026-06-18",
  "price": 297000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "500 Eastern Avenue",
    "addressLocality": "New Lexington",
    "addressRegion": "OH",
    "postalCode": "43764",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.712082,
    "longitude": -82.200463
  },
  "numberOfBedrooms": 6,
  "numberOfBathroomsTotal": 3,
  "numberOfFullBathrooms": 3,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2500,
    "unitCode": "FTK"
  },
  "yearBuilt": 1991
}
```