640 Jefferson Street, Greenfield, OH 45123 (MLS # 226011063)
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Opportunity knocks in Greenfield--this 3-unit property offers immediate upside at an attractive price point. One unit is nearly rent-ready, while the other two need light cosmetic improvements, making this an ideal value-add for investors looking to build equity and cash flow quickly. Market rents support ~$600/month per unit, positioning the property for approximately $1,800/month ($21,600 annually) once stabilized. With conservative expenses, this asset has the potential to perform in the mid-to-high teens cap rate range. Low entry, strong rent potential, and a clear path to stabilization--this is a solid addition to any portfolio.
| DAYS ON MARKET | 1 | LAST UPDATED | 4/8/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | Highland |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| GARAGE | Yes |
|---|---|
| LOT | 6534 sq ft |
| PARKING | No Garage |
| TAXES | 1494 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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