Property Description

A unique investment opportunity in the heart of Troy, where convenience meets potential in this multi-family dwelling. This property offers a chance to generate rental income or accommodate multi-generational living with its flexible layout. Each unit within this 2 unit property benefits from well-proportioned rooms, ensuring privacy and ease of living. With a total of four bedrooms and two full bathrooms across the entire property, it presents an appealing option for diverse tenant needs or owner-occupancy scenarios. Seller is willing to package for a portfolio deal, please contact agent for qualifying parcels.

514 S Walnut Street | MLS# 959314

This multi-family property located at 514 S Walnut Street, Troy, OH 45373 is currently listed for sale with an asking price of $164,900. S Walnut Street is located within the Troy school district. Search Troy real estate on 1484carriageroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Cooling: Window Unit

Heating: Electric, Forced Air, Natural Gas

Lot Size: 0.14 Acres

Taxes: $3,595

Year Built: 1900

Feature Descriptions

Basement Features: Full

Exterior: Frame, Vinyl

Lot Dimensions: 51X116

Utilities: City Water, Sanitary Sewer

Local Schools

School District: Troy

Demographics

Miami County Demographic Information for 514 S Walnut Street, Troy, OH 45373

Fips

Fips Code 39109

Population

2020 to 2025 Change up 3.5%

2010 Count 102,506

2020 Count 108,774

2025 Estimate (V2025) 112,634

2020 Estimate (V2025) 108,775

Age Distribution (Years Old)

0 to 4 5.5%

5 to 17 22.6%

18 to 64 51.5%

65 and Older 20.4%

Gender

Male 49.7%

Female 50.3%

Place of Birth

Foreign 2.8%

US 97.2%

Education

High School Graduate, Age 25+ 92.8%

Bachelor's Degree or Higher, Age 25+ 26.8%

Computer and Internet use

Households with a computer 95.1%

Households with a broadband Internet subscription 92.3%

Language

English is Second Language, Age 5+ 3.3%

English is First Language, Age 5+ 96.7%

Veterans

Veterans 5,910

Income

Per Capita Income $40,297

Median Household Income $76,817

People in Poverty 10.0%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 47,235

Households 44,906

Average Household Size 2.44

Owner-Occupied 73.4%

Multi-Family 15.0%

Owner-Occupied Median Value $229,100

Median selected monthly owner costs -with a mortgage $1,453

Median selected monthly owner costs -without a mortgage $549

Median gross rent $966

Building Permits

New Private Housing Issued 2024 326

Years at Residence

1 Year or More 90.8%

Less Than 1 Year 9.2%

Business and Employment

Private non-farm Establishments 2,176

Private non-farm Employment 37,513

Private non-farm Employment Growth up 2.2%

Nonemployer Establishments 7,801

Number of Firms 1,725

Business Production

Value of Shipments $4,005,261,000

Wholesale Trade $1,088,577,000

Retail Trade $1,417,132,000

Retail Sales Per Capita $12,025

Accommodation and Food Services $173,215,000

Land

Land Area 406.58 sq. miles

Population Per Square Mile 253

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,185.85 per month $838.17 Principal & Interest $299.58 Property Tax $48.10 Homeowner's Insurance

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514 S Walnut StreetTroy, OH 45373