
Price:
$429,300
MLS #:
2435537
Beds:
6
Baths:
6
Lot Size:
0.26 Acres
Yr. Built:
1965
Type:
Multi-Family
Multi Family - HOA-No, Investment Property (Rental)
Taxes/Yr.:
$6,813
Community:
Athens CSD
Address:
504 Richland Ave
Athens, OH 45701
Built for cash flow!
Ready to add a proven income-producing property to your portfolio? This fully rented 6-unit apartment building delivers immediate cash flow with a setup that keeps tenants coming. Each unit offers one bedroom, one full bath, a full kitchen, and its own off-street parking space. On-site laundry exclusively for tenant use adds even more convenience. One-bedroom units are hard to find in Athens, helping make these apartments consistently desirable and easy to rent. The location is another win, just minutes from Ohio University campus, uptown Athens, shopping, dining, and everything Athens has to offer. With all six units occupied, there's no waiting to generate income and no lease-up period to navigate. Whether you're expanding your portfolio or looking for a solid multifamily investment, this one deserves your attention. Six units generating $48,000 annually with proven rental demand, and numbers that work. Opportunities like this don't come along every day, so put this one at the top of your investment list!
Interior Features:
Countertops- Laminate
Flooring- Vinyl
Heating: Baseboard-Electric
Internet-Cable
Exterior Features:
Construction: Brick
Foundation: Slab on Grade
Gutters & Downspouts
Outdoor Lighting
Roof: Asphalt Shingle
Appliances:
Cooling: Window Unit
Microhood
Oven/Range- Electric
Refrigerator
Water Heater- Electric
Other Features:
HOA-No
Investment Property (Rental)
Style: 4+ Units
Utilities:
Garbage Collection
Power: AEP
Sewer: Municipal
Water: City/Public
Listing offered by:
Stephanie Wood - License# SAL.2006004406 with Ohio Realty (740) 594-6637.
Map of Location:
Data Source:
Listing data provided courtesy of: Athens County MLS (Data last refreshed: 09/18/26 11:47am)
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Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Contact Listing Agent

Stephanie Wood - Realtor, ABR
Ohio Realty
Mobile: (740) 707-1437
Office: 740-594-6637
Mortgage Calculator
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Down Payment: $
Mo. Payment: $
Calculations are estimated and do not include taxes and insurance. Contact your agent or mortgage lender for additional loan programs and options.
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