571 E Main Street, Logan, OH 43138
$248,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$248,000
List Date:
8/15/2025
Last Modified:
1/16/2026
Description
RARE OPPORTUNITY- TRIPLEX! 571, 573, 575 E. MAIN ST Right in the heart of Logan. Each unit is 2 bed/1 bath with kitchen, dining area and living room. Kitchens all have Butcher block countertops, Oak cabinets. Perfect Opportunity for an investor who wants to live in a unit and rent the other two, or rent all three. Units are currently rented below market value. All have been well maintained by current owners. Tenants are long term month to month leases.
The building has a newer roof, all units have new decks in back, new toilets. Unit 571 has a new Range hood, new french door to back deck and has a handicap ramp for entry access. Unit 575 has a new range.
Professional Pictures coming soon.
Supplements: ********
More Information MLS# 225029881
Location & Property Info
List Price/SqFt: 292.97
City (Mailing Addr): Logan
Corp LimitPerAuditor: Logan
Office/Contract Info
Active on MLS: 2025-08-15
For Sale: Yes
Mortgage Balance: 0
Exchange: No
General Property Info
# of Buildings: 1
Occupancy Rate: 100
Built Prior to 1978: No
Total Parking: 3
Carport Spaces: 0
Off Street Parking Spaces: 3
Building Sqft: 2304
Use Code: 530 - 3-FAM DWELL:PLATTED LOT
Number of Units: 3
Year Built: 1986
Acreage: 0.11
Tax Info
Zoning: Residential
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 1922
Tax Incentive: No
Parcel #: 04-001306.0000
Tax Year: 2024
Remarks & Misc
Property Description: RARE OPPORTUNITY- TRIPLEX! 571, 573, 575 E. MAIN ST Right in the heart of Logan. Each unit is 2 bed/1 bath with kitchen, dining area and living room. Kitchens all have Butcher block countertops, Oak cabinets. Perfect Opportunity for an investor who wants to live in a unit and rent the other two, or rent all three. Units are currently rented below market value. All have been well maintained by current owners. Tenants are long term month to month leases.
The building has a newer roof, all units have new decks in back, new toilets. Unit 571 has a new Range hood, new french door to back deck and has a handicap ramp for entry access. Unit 575 has a new range.
Professional Pictures coming soon.
Status Change Info
Sold Price/SqFt: 107.64
Under Contract Date: 2025-10-04
Sold Date: 2026-01-15
Sold Price: $248,000
Income/Expenses
Gross Income: 18000
Net Operating Income: 12000
Total Expenses: 6600
Addl Acceptance Cond
None Known: 1
Financials
Financials ForYearOf: 2024
Gross Rental Income: 18000
Other Income: 0
Efficiency
Efficiency Month Rent Per Unit: 0
Expenses
R.E. Taxes: 2000
Property Insurance: 2000
Off-Site Management: 0
Expenses/Benefits: 0
Repairs&Maintenance: 2600
Electricity Expense: 0
Accounting & Legal: 0
Advert/Lic/Permits: 0
Misc Expense: 0
Personal Prop Taxes: 1922
Property Management: 0
PayrollOnsitePersnel: 0
Tax/Workman's Comp: 0
Gas Expense: 0
Water Expense: 0
Leasing Comm Expense: 0
Supplies: 0
Contract Svc Expense: 0
1 Bedroom
1 Bedroom Month Rent Per Unit: 0
2 Bedroom
2 Bedroom # of Units: 3
2 Bedroom Month Rent Per Unit: 500
Construction
Block: 1
Vinyl Siding: 1
3 Bedroom
3 Bedroom Month Rent Per Unit: 0
Heat Fuel
Gas: 1
Parking Features
1 Off Street: 1
2 Off Street: 1
On Street: 1
Assigned: 1
No Garage: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Other
Other Month Rent Per Unit: 0
Miscellaneous
Handicap Access: 1
Leased Items: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Alternate Uses
Commercial: 1
Office: 1
Other: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
FHA: 1
Other: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 695000
Sold Price: $248,000
Property Sub Type: Flat
Street #: 571
Street PreDirection: E
Street Name: Main
Street Suffix: Street
County: Hocking
State: OH
Zip Code: 43138
School District: LOGAN HOCKING LSD 3701 HOC CO.
Township: Falls
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-08-08
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Off Street; 2 Off Street; On Street; Assigned; No Garage
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Construction: Block; Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous: Handicap Access; Leased Items; W/D Hookups
Alternate Uses: Commercial; Office; Other
New Financing: Conventional; FHA; Other
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
RE/MAX ONE
Listing Agent:
Juli Ann Knecht
Last Updated: January - 16 - 2026
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