418 Woodard Avenue, Louisville, OH 44641

$1,400,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,400,000
List Price
$1,450,000
Status
CLOSED
Days on Market
370
Closing Date
Apr 10, 2025
MLS#
5029162
Subtype
Commercial Sale
Year Built
1977
Acres
1.70
MLS Area Major
Louisville

Property Description

Welcome to this lucrative investment opportunity in a thriving community! This well-maintained 18-unit townhouse-style apartment building offers a rare chance to own a profitable property where tenants cover all expenses. Each unit features the convenience of assigned covered parking, ensuring tenants’ vehicles are protected year-round. The spacious townhouse layout provides residents with a comfortable living space, making it an attractive option for renters. With an average rent of $740 per unit, this property offers a stable income stream. Its prime location adds to its appeal, providing easy access to local amenities and transportation. Gross monthly rent is $13,300 and monthly expenses are $2,236. All units are occupied and tenants are current.

Additional Information

Taxes
$10,778
Heating
Electric, Forced Air, Gas, Heat Pump
Roof
Composition, Fiberglass, Shingle
Parking Features
Carport
School District
Louisville CSD - 7607

Listing Courtesy of: Richard S Stone, richard@rocksolidhousing.com With Century 21 Homestar

Selling Office: Non-Member.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.