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0 Baths

$309,900

25 S Gamble Street, Shelby OH, 44875

Price per sqftN/A
Built in1900
Property typeMulti-family
Courtesy of Glen Whitten - Ohio Property Group, LLC

Overview

Active

Listed Oct 22, 2026

Updated 28 min ago

6-Unit Multi-Family Value-Add Opportunity with Strong Immediate Cash Flow! Strategically located in a high-demand rental pocket of Shelby, Ohio, 25 S Gamble St offers a rare blend of immediate, stabilized revenue and immense equity-building potential. This fully occupied, 6-unit asset generates under market rents. Property Highlights & Unit Breakdown: 5 of 6 Units Occupied Renovation Upside: 2 out of the 6 units have been renovated, setting a strong baseline for market-rate potential. The remaining 4 units offer a straightforward value-add path to finish updating and instantly capture higher market rents. The Ultimate Value-Add Play (Utility Optimization): The property is currently operated with utilities included in the rent. Property could be implemented with a sub-metering strategy or a Ratio Utility Billing System (RUBS). Capital Improvement Potential: The building needs new windows across the units. This known capital expenditure gives a buyer excellent leverage to negotiate a favorable purchase price while permanently lowering future utility overhead once installed. Whether you are looking to buy and hold a cash-flowing asset or execute a strategic utility-pivot to force massive appreciation, 25 S Gamble St is a premier choice in North Central Ohio's competitive multi-family market. Serious inquiries only. Proof of funds or pre-approval required for private showings. Do not disturb the tenants. Closing will take place at Title Agency of Seller's choosing. Sold AS-IS

$2,062/mo

Est. mortgage payment based on a $309,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
226040197

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$1,515
Tax Frequency
Annually
Municipality
Richland

 

Courtesy of Glen Whitten - Ohio Property Group, LLC 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ayana Realty Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2026 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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