Property Description

Income-producing 3-unit triplex located on high-traffic Route 42 in Waynesville, Ohio. Property features durable masonry construction with stone front and brick exterior, offering long-term low maintenance. Each unit is approximately 600 sq ft with separate entrances and individual electric meters, allowing tenants to pay their own utilities. One unit is currently occupied, providing immediate income, while two vacant units offer value-add opportunity to set market rents. Recent updates include new LVP flooring and fresh paint in select units. Positioned near historic downtown Waynesville with strong local demand and convenient access to Cincinnati, Dayton, Caesar Creek State Park, and the Little Miami Scenic Trail. Ideal for investors seeking cash flow and upside potential.

19 US Rt 42 | MLS# 1875603

This multi-family property located at 19 US Rt 42, Waynesville, OH 45068 is currently listed for sale with an asking price of $325,000. US Rt 42 is located within the Wayne school district. Search Waynesville real estate on 2949cortonaroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: None

Cooling: Window Unit

Days on Market: 13

Fireplaces: 0

Heating: Forced Air, Gas

Lot Size: 0.11 Acres

Roof Type: Shingle

Stories: 1.0

Taxes: $2,652

Year Built: 1963

Amenities

220 Volt

Feature Descriptions

Exterior: Brick

Fireplace Features: None

Foundation: Slab

Gas: Natural

Miscellaneous: Smoke Alarm

Parcel #: 0906210016

Parking: Private

Sewer: Public Sewer

Total Buildings: 1

Units: 3

Water: Public

Window Features: Vinyl, Insulated

Local Schools

School District: Wayne

Demographics

Warren County Demographic Information for 19 US Rt 42, Waynesville, OH 45068

Fips

Fips Code 39165

Population

2020 to 2025 Change up 6.1%

2010 Count 212,693

2020 Count 242,337

2025 Estimate (V2025) 257,181

2020 Estimate (V2025) 242,346

Age Distribution (Years Old)

0 to 4 5.1%

5 to 17 23.3%

18 to 64 54.7%

65 and Older 16.9%

Gender

Male 50.6%

Female 49.4%

Place of Birth

Foreign 9.1%

US 90.9%

Education

High School Graduate, Age 25+ 95.1%

Bachelor's Degree or Higher, Age 25+ 45.6%

Computer and Internet use

Households with a computer 97.5%

Households with a broadband Internet subscription 94.9%

Language

English is Second Language, Age 5+ 10.8%

English is First Language, Age 5+ 89.2%

Veterans

Veterans 12,646

Income

Per Capita Income $53,621

Median Household Income $110,132

People in Poverty 6.6%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 96,489

Households 92,052

Average Household Size 2.66

Owner-Occupied 79.4%

Multi-Family 15.5%

Owner-Occupied Median Value $349,400

Median selected monthly owner costs -with a mortgage $1,974

Median selected monthly owner costs -without a mortgage $756

Median gross rent $1,361

Building Permits

New Private Housing Issued 2024 1,232

Years at Residence

1 Year or More 90.0%

Less Than 1 Year 10.0%

Business and Employment

Private non-farm Establishments 4,826

Private non-farm Employment 82,752

Private non-farm Employment Growth up 1.2%

Nonemployer Establishments 21,640

Number of Firms 3,663

Business Production

Value of Shipments $4,514,123,000

Wholesale Trade $3,800,320,000

Retail Trade $2,934,129,000

Retail Sales Per Capita $13,461

Accommodation and Food Services $463,168,000

Land

Land Area 401.31 sq. miles

Population Per Square Mile 530

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,967.73 per month $1,651.94 Principal & Interest $221.00 Property Tax $94.79 Homeowner's Insurance

Change Payment Information

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19 US Rt 42Waynesville, OH 45068