106 Lind Street, Russells Point, OH 43348
$395,000
Property Type:
Commercial
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$395,000
List Date:
12/17/2025
Last Modified:
12/17/2025
Overview
Description
Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.
Listing Details MLS# 225045796
Location Property Info
- Original List Price
- 395000
- Property Sub Type
- Hotel/Motel
- Street #
- 106
- Street Name
- Lind
- Street Suffix
- Street
- County
- Logan
- State
- OH
- Zip Code
- 43348
- Township
- Washington
OfficeContract Info
- MLS Entry Date
- 2025-12-17
General Property Info
- Total SqFt Available
- 2928
- Max Cont Sqft Avail
- 2928
- Number of Units
- 4
- # of Floors Above Gr
- Yes
- Year Built Status
- 1953
- Year Built
- 1953
- Use Code
- 401 - APARTMENT:4-19 UNITS
- Lot Size (Side)
- 135
- Acreage
- 0.15
- Bldg Sq Ft
- 0
- Minimum Sqft Avail
- 0
- # of Docks
- 0
Tax Info
- Parcel #
- 52-032-05-02-002-000
- Mult Parcels/Sch Dis
- No
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 2121
Suite Info 1
- Suite #
- A
- SQ FT
- 650
Suite Info 2
- Suite #
- B
- SQ FT
- 450
More Information
Suite Info 3
- Suite #
- C
- SQ FT
- 900
Suite Info 4
- Suite #
- D
- SQ FT
- 900
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 134.9
- City (Mailing Addr)
- Russells Point
- Corp LimitPerAuditor
- Russells Point
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 0
Remarks & Misc
- Property Description
- Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.
Income/Expenses
- Gross Income
- 40000
- Net Operating Income
- 26000
- Total Expenses
- 14000
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
Heat Fuel
- Electric
- Yes
- Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Heat Type
- Forced Air
- Yes
- Other
- Yes
New Financing
- Conventional
- Yes
Business Type
- Residential
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Heat Fuel:
Electric; Gas
Heat Type:
Forced Air; Other
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Sewer Available; Water Available
Business Type:
Residential
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Documents
Aerial View ›
Listing Office:
Key Realty
Listing Agent:
Malia K Hughes
Last Updated: December - 17 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.