About This Home

This 6-bedroom, 6-bathroom residential multi family at 504 Richland Ave in Athens, OH is listed for $429,300. Built in 1965, on a 0.26 acres lot.

Key Features

  • Built in 1965
  • 0.26 acre lot

Property Details

6 full
1965

Amenities

A/C
Listing Description

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 $47,700 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!

Monthly Cost Estimate

$2,296/mo

20% down · 6.5% · 30 years

Principal$310
Interest$1,860
Insurance$125

Estimates only. Actual payments may vary.

Location

504 Richland Ave

Athens, OH 45701

Features & Amenities

Interior Features

Countertops- Laminate, Flooring- Vinyl, Flooring-Luxury Vinyl Tile

Property Details

Heating

BaseboardElectric (Heating)

Cooling

Window Unit(s)

Appliances

Refrigerator, Water Heater- Electric, Oven/Range- Electric, Microhood

Questions & Answers

This 6-bedroom, 6-bathroom residential multi family at 504 Richland Ave is listed at $429,300. The estimated monthly payment is $2,296 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1965, 0.26 acre lot. Interior Features: Countertops- Laminate, Flooring- Vinyl, Flooring-Luxury Vinyl Tile.

This property is listed by Stephanie Wood.

SW

Stephanie Wood

License SAL.2006004406

Agent at Ohio Realty

Listed by Ohio Realty · Broker phone: 7405946637 · View on Broker Site

MLS# 2435537· Source: Athens County Board of Realtors· Added to PropertySimple today

Copyright © 2026 Athens County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

504 Richland Ave, Athens, OH 45701

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