Multi-family investment property located in the heart of downtown. This property presents an incredible opportunity for investors seeking a lucrative venture in a highly desirable location. The property is a three-floor building with 8 bedrooms and two baths plus an additional 2 basement rooms. They are all rented by the room (furnished) and share a common kitchen, bath, and laundry. With many recent renovations such as new paint and carpet throughout the entire house, new LVP flooring in the kitchen and bathroom, new furniture in select rooms, and a new toilet in the 2nd-floor bathroom. This rental property has a wealth of potential and is a totally unique investment in the real estate rental market.
Closed
$235,000
131 E Bowman St, Wooster, OH 44691
7beds
2,304sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$252,300 Zestimate®
$102/sqft
$1,264 Estimated rent
Home value
$252,300
$237,000 - $267,000
$1,264/mo
Zestimate® history
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$1,197/mo
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Zillow last checked:
Listing updated:
Listed by:
Lauren B Mingay lauren@mingayteam.com(330)464-7520,
RE/MAX Showcase
Bought with:
Laura Martin, 2022002958
Find Home Realty
Source: MLS Now,MLS#: 4468742
Originating MLS: Wayne Holmes Association of REALTORS
Originating MLS: Wayne Holmes Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Basement: Full,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
- Finished area above ground: 1,904
- Finished area below ground: 400
Property
Parking
- Parking features: No Garage, Shared Driveway
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,761 Square Feet
Details
- Parcel number: 6401475000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Wooster Renumbering
Location
- Region: Wooster
Financial & listing details
- Price per square foot: $102/sqft
- Tax assessed value: $100,620
- Annual tax amount: $2,841
- Date on market: 12/6/2023
- Cumulative days on market: 80 days
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $235,000-2.1%$102/sqft |
Source:  MLS Now #4468742 Report a problem | ||
| 9/11/2023 | Pending sale | $240,000$104/sqft |
Source: MLS Now #4468742 Report a problem | ||
| 7/31/2023 | Contingent | $240,000$104/sqft |
Source: MLS Now #4468742 Report a problem | ||
| 6/23/2023 | Listed for sale | $240,000+20%$104/sqft |
Source: MLS Now #4468742 Report a problem | ||
| 10/14/2022 | Sold | $200,000$87/sqft |
Source: MLS Now #4369071 Report a problem | ||
| 8/3/2022 | Pending sale | $200,000$87/sqft |
Source: MLS Now #4369071 Report a problem | ||
| 5/19/2022 | Listed for sale | $200,000-24.2%$87/sqft |
Source: MLS Now #4369071 Report a problem | ||
| 1/7/1997 | Sold | $264,000$115/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,497 +0% | $35,220 |
| 2023 | $1,496 -47.4% | $35,220 -34% |
| 2022 | $2,847 +90.7% | $53,370 +97% |
| 2021 | $1,493 +5.3% | $27,090 |
| 2020 | $1,417 +12.5% | $27,090 +17.4% |
| 2019 | $1,260 -0.3% | $23,080 |
| 2018 | $1,263 +0.5% | $23,080 |
| 2017 | $1,257 -4.4% | $23,080 +4% |
| 2016 | $1,314 +1.8% | $22,190 |
| 2015 | $1,291 0% | $22,190 |
| 2014 | $1,291 -8.1% | $22,190 -7% |
| 2013 | $1,406 +0% | $23,850 |
| 2012 | $1,406 +0.1% | $23,850 |
| 2011 | $1,404 -7.8% | $23,850 -12% |
| 2010 | $1,522 +12.6% | $27,100 |
| 2009 | $1,352 +0% | $27,100 |
| 2008 | $1,351 +3.8% | $27,100 +7% |
| 2007 | $1,302 +1.4% | $25,320 |
| 2006 | $1,285 | $25,320 |
| 2005 | -- | $25,320 +4.2% |
| 2004 | $1,286 +12.2% | $24,300 |
| 2003 | $1,146 +2.4% | $24,300 |
| 2002 | $1,119 +10.9% | $24,300 +14.7% |
| 2001 | $1,009 -0.1% | $21,180 |
| 2000 | $1,010 | $21,180 |
Find assessor info on the county website
Neighborhood: 44691
Nearby homes
- $106,0003 bd1 ba1.3k sqft137 E Bowman St, Wooster, OH 44691Off Market
- $175,0006 bd2 ba2.1k sqft125 E Bowman St, Wooster, OH 44691Sold
- $288,5007 bd3 ba3k sqft115 E Bowman St, Wooster, OH 44691Off Market
- $280,400-- bd-- ba-- sqft115 E Bowman St, Wooster, OH 44691Off Market
- $156,5001 bd1 ba1.9k sqft572 N Buckeye St UNIT 1/2, Wooster, OH 44691Off Market
- $189,0002 bd2 ba2.8k sqft572 N Buckeye St, Wooster, OH 44691Off Market
- $95,3404 bd4 ba2.1k sqft124 E Bowman St, Wooster, OH 44691Off Market
- $160,5303 bd1 ba3.4k sqft566 N Buckeye St, Wooster, OH 44691Off Market
Nearby schools
GreatSchools rating
- 4/10Cornerstone Elementary SchoolGrades: K-4Distance: 0.1 mi
- 8/10Edgewood Middle SchoolGrades: 5-7Distance: 1.9 mi
- 5/10Wooster High SchoolGrades: 8-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Wooster City - 8510
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$252,300
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Estimated market value
$252,300
- Ohio
- Wayne County
- Wooster
- 44691
- 131 E Bowman St
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