54 Raymond AvenueShelby, OH 44875

54 Raymond AvenueShelby, OH 44875

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$169,900
Multi Unit - Multiple MLS 20260968 New to the Market
0 beds Bathrooms 1,872 sqft
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Listed By

Agency Name: Danhoff-Donnamiller Realty

Shown By

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

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Property Description

This well-maintained two-story duplex offers a fantastic opportunity for both investors and owner-occupants alike. One unit features 2 bedrooms and 2 full bathrooms, while the second unit offers 2 bedrooms and 1 bathroom providing flexible living arrangements and strong rental potential.Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property checks all the boxes. A long-term tenant is already in place, adding immediate stability and cash flow.Outside, you'll find a spacious 30x40 garage perfect for a workshop, storage, or hobby space making this property even more versatile and appealing.Don't miss your chance to own a property with income potential and added functionality all in one!

54 Raymond Avenue | MLS# 20260968

This multi-family property located at 54 Raymond Avenue, Shelby, OH 44875 is currently listed for sale with an asking price of $169,900. Raymond Avenue is located within the Shelby school district. Search Shelby real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Gas
Heating: Forced Air
Lot Size: 0.31 Acres
Taxes: $1,777
Year Built: 1920

Amenities

Ceiling Fan
Range
Refrigerator

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 0.3051 Acre(s)
Parking Notes: Detached Garage, Garage Door Opener
Sewer: Public Sewer
Water: Public

Local Schools

School District: Shelby

Demographics

Richland County Demographic Information for 54 Raymond Avenue, Shelby, OH 44875
Fips
Fips Code 39139
Population
2020 to 2023 Change up 0.1%
2010 Count 124,475
2020 Count 124,936
2023 Estimate (V2023) 125,064
2020 Estimate (V2023) 124,927
Age Distribution (Years Old)
0 to 4 5.5%
5 to 17 21.6%
18 to 64 53.0%
65 and Older 19.9%
Gender
Male 51.2%
Female 48.8%
Place of Birth
Foreign 1.7%
US 98.3%
Education
High School Graduate, Age 25+ 89.6%
Bachelor's Degree or Higher, Age 25+ 17.8%
Computer and Internet use
Households with a computer 90.6%
Households with a broadband Internet subscription 85.4%
Language
English is Second Language, Age 5+ 4.2%
English is First Language, Age 5+ 95.8%
Veterans
Veterans 8,239
Income
Per Capita Income $29,570
Median Household Income $56,557
People in Poverty 15.2%
Commute
Average Work Commute Time 23 minutes
Housing
Total Housing Units 54,663
Households 49,673
Average Household Size 2.38
Owner-Occupied 68.0%
Multi-Family 17.8%
Owner-Occupied Median Value $140,500
Median selected monthly owner costs -with a mortgage $1,173
Median selected monthly owner costs -without a mortgage $457
Median gross rent $768
Building Permits
New Private Housing Issued 2023 132
Years at Residence
1 Year or More 86.2%
Less Than 1 Year 13.8%
Business and Employment
Private non-farm Establishments 2,599
Private non-farm Employment 38,037
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 7,532
Number of Firms 8,585
Business Production
Value of Shipments $3,520,347,000
Wholesale Trade $760,444,000
Retail Trade $1,641,877,000
Retail Sales Per Capita $12,237
Accommodation and Food Services $214,497,000
Land
Land Area 495.27 sq. miles
Population Per Square Mile 252

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,026.58 per month $828.94 Principal & Interest $148.08 Property Tax $49.55 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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