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$425,000

  • For Sale
  • Active
  • Townhouse
  • 0.29 Acres
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This low-maintenance, income-generating 4-unit building features four spacious 2-bedroom apartments, each with in-unit washer/dryer hookups. Currently fully occupied with mostly long-term tenants, the property brings in $3,500/month gross in total rental income. Tenants are responsible for all utilities except trash. Recent upgrades include three brand-new electric panels and full electrical updates brought to code as of April 2023. One Fully Renovated unit in 2025. The building also had a recent a full roof tear-off and replacement, along with newer gutters installed on the rear side. A new concrete parking pad was poured in 2022. Additional improvements over time include updated windows, sliding glass doors, and blown-in attic insulation for improved energy efficiency. Property is being sold in as-is condition-an excellent opportunity for investors looking to add a solid asset to their portfolio.

Full Property Details for 488 N Jay St

General

  • Price: $425,000
  • Taxes: $1,385 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 225022141
  • Updated: 10/23/2025
  • Added to Site: 213 day(s) ago

Location

  • County: Miami
  • Township: Union
  • Cross Streets: Edgar

School Information

  • School District: MILTON UNION EVSD 5505 MIA CO.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Structural Information

  • Construction: Block, Brick, Vinyl siding
  • Year Built: 1963

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Size (Sq. Ft.): 12,632.4

Financial Considerations

  • Price Per Sq. Ft.: $229.23
  • Tax Amount: $1,385
  • Tax Year: 2024
  • Terms: Conventional
  • Owner Pays: Trash Collection
  • Tenant Pays: Gas

Disclosures and Reports

  • Property ID: L39011630

Listed by Roby Realty (614) 791-0050, Andrew C Wade (614) 419-2668

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Listing agent

— 488 N Jay St —

  • Andrew C Wade

    Roby Realty

    614-791-0050

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 488 N Jay St

School District:Milton-Union Exempted Village School District
NameGradesDistance
Milton-Union Elementary School
7620 Milton-Potsdam Road, West Milton, OH 45383
K-50.8 mi
Milton-Union Middle School
7630 Milton-Potsdam Road, West Milton, OH 45383
6-80.9 mi
Milton-Union High School
7640 Milton-Potsdam Road, West Milton, OH 45383
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 488 N Jay St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2025
Price Reduced
$425,000
-4.49%
MLS
6/18/2025
Listed
$445,000
96.04%
MLS
5/18/2023
Sold
$227,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 488 N Jay St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,385
3%
$21,600
—
2023
$1,351
-4%
$21,600
—
2021
$1,403
2%
$21,600
—
2022
$1,381
-2%
$21,600
—
2020
$1,403
-30%
$21,600
-30%
2017
$1,992
2%
$30,730
—
2016
$1,947
2%
$30,730
—
2015
$1,913
32%
$30,730
42%
2019
$1,454
-24%
$21,600
-30%
2014
$1,911
2%
$30,730
—
2013
$1,879
—
$30,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Roby Realty (614) 791-0050, Andrew C Wade (614) 419-2668

488 N Jay Street, West Milton, OH 45383 (MLS# 225022141) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 488 N Jay Street is currently listed for $425,000 and was received on June 18, 2025. Want to learn more about 488 N Jay Street? Do you have questions about finding other Townhouse real estate for sale in West Milton? You can browse all West Milton real estate or contact a Coldwell Banker agent to request more information.

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