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12-35 Grove Ct 10 Unit Apartment Building $1,860,975 CAD ($186,097 CAD/Unit) 6.25% Cap Rate Marysville, OH 43040

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INVESTMENT HIGHLIGHTS

  • Stabilized in-place cash flow with proven rental history
  • Single-level, ranch-style units reduce maintenance and turnover
  • Limited supply of small multifamily assets in Marysville
  • Tenants pay all utilities, supporting strong operating margins
  • Durable 1961 construction with straightforward operations
  • Attractive opportunity for private investors and 1031 buyers

EXECUTIVE SUMMARY

Exceptional and rare 10-unit multifamily investment in Marysville consisting of five duplex buildings (10 units total). All units are single-level ranch-style, a highly desirable layout that supports long-term tenancy, reduced turnover, and lower maintenance. The unit mix includes eight 2-bedroom/1-bath units and two 3-bedroom/1-bath units, appealing to a broad tenant base. All buildings feature new roofs, and the units are well maintained on the interior, reflecting pride of ownership. The property generates $10,750 in gross monthly income ($129,000 annually) with separately metered, tenant-paid utilities, and offers clear upside with room for future rent increases. A stabilized, in-place cash-flowing asset ideal for investors or 1031 exchange buyers in a supply-constrained market.

PROPERTY FACTS

Price $1,860,975 CAD
Price Per Unit $186,097 CAD
Sale Type Investment
Cap Rate 6.25%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.67 AC
Building Size 16,918 SF
No. Stories 1
Year Built 1961

AMENITIES

UNIT AMENITIES

  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Maintenance on site
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -
3+1 2 - -
  • Listing ID: 39145841

  • Date on Market: 2026-01-20

  • Last Updated:

  • Address: 12-35 Grove Ct, Marysville, OH 43040

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