Twenty-two doors in Ashland, KY and Ironton, OH

1107 S 3rd St, Ironton, OH 45638

Property Information

  • For Sale $2,400,000
  • Property Type Multi-Family
  • Property Size 3,872 SF
  • Units 22
  • Lot Size 0.13 Acre
  • Building Class C
  • Year Built 1920
  • Date Updated Oct 9, 2026

Description

This offering consists of nine residential properties totaling 22 units across Ashland, Kentucky and Ironton, Ohio, two communities facing each other across the Ohio River within the Huntington–Ashland metropolitan area.? The portfolio is split evenly between the two markets at 11 units each, and combines four single-family homes with a duplex, two triplexes, a four-plex, and a six-unit apartment building.? The properties are clustered rather than scattered, with three assets on Simpson Road, two on Blackburn Avenue, and two on Buckhorn Street.? That concentration allows a single manager to cover the portfolio efficiently.? Most units have been updated with paint, flooring, and fixtures, and several properties carry recent capital work including roofing, electrical service, and a main sewer line replacement.? Ownership has begun the repositioning: a refreshed unit at 3047 Simpson Road was re-leased at $850 against a prior $725.Opportunity to acquire a 22-unit residential portfolio spanning Ashland, Kentucky, and Ironton, Ohio, within the Huntington-Ashland area. The offering includes a mix of four single-family homes, a duplex, two triplexes, a four-plex, and a six-unit apartment building, providing diversified unit types within one portfolio. The assets are clustered for more efficient management, with multiple properties grouped on Simpson Road, Blackburn Avenue, and Buckhorn Street. Most units have been updated with paint, flooring, and fixtures, while several properties have benefited from recent capital improvements, including roofing, electrical service, and a main sewer line replacement. Ownership has already begun repositioning the portfolio, creating additional upside through continued leasing and operational execution.

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