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Pending
  • $3,750,000

    1631 Jackson Ln, Middletown, OH 45044

    48beds
    --baths
    28,032sqft
    : 
    $25,622/mo
    Get pre-qualified
    Apartment
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $134/sqft
    $-- HOA

    What's special

    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.
    83 days
    |
    134
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Hamilton 937-286-7802,

    Keller Williams Community Part 937-530-4904,

    Ryan S Riddell 937-865-0100,

    Keller Williams Community Part

    Source: Cincy MLS,MLS#: 1877557MLS LogoOriginating MLS: Cincinnati Area Multiple Listing Service

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 48
      Heating
      • Electric
      Cooling
      • Wall Unit(s), Separate Air Conditioning
      Appliances
      • Laundry: Coin Laundry
      Features
      • Windows: Slider
      • Basement: None
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 28,032
      • Total interior livable area: 28,032 sqft

      Property

      Parking
      • Parking features: Parking Lot
      Features
      • Stories: 3
      • Exterior features: Barbecue
      Details
      • Parcel number: Q6542065000183
      • Zoning description: Residential,Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Gas: None
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Alarm
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $134/sqft
      • Annual tax amount: $33,056
      • Date on market: 5/1/2026
      • Listing terms: No Special Financing
      • Tenant pays: Heat

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Pending sale$3,750,000$134/sqft
        Source: Cincy MLS #1877557 Report a problem
        5/5/2026Listed for sale$3,750,000$134/sqft
        Source: Cincy MLS #1877557 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 45044

        Getting around

        31 / 100
        Car-Dependent
        21 / 100
        Minimal Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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