25 S Gamble StreetShelby, OH 44875

Multi Unit - Multiple MLS 226040197 Price Reduced $20,000 on November 3rd, 2026
0 beds Bathrooms 6,196 sqft
Active $329,900
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Listed By

Agency Name: Ohio Property Group, LLC
Agent Name: Glen Whitten
Agency Phone: 419-790-3106

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

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 OccupiedRenovation 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

25 S Gamble Street | MLS# 226040197

This multi-family property located at 25 S Gamble Street, Shelby, OH 44875 is currently listed for sale with an asking price of $329,900. S Gamble Street is located within the SHELBY CITY school district. Search Shelby real estate on www.hawksnestcrossing.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Days on Market: 13
Heating: Forced Air
Lot Size: 0.25 Acres
Taxes: $1,515
Year Built: 1900

Feature Descriptions

Parcel #: 046-08-018-18-000

Local Schools

School District: SHELBY CITY

Estimate Your Payment

Estimated Payment

$ 2,080.50 per month $1,858.03 Principal & Interest $126.25 Property Tax $96.22 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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