Active
6 beds2,292 sqft

2375 Sanitarium Road, Lakemore, OH 44250

Est: $1,398/moGet pre-approved
Multi FamilyProperty Type
0.24 acresLot Size
1969Year Built
$100/sq ftPrice per sq ft

Description

Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building’s central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and...Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building’s central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and buyers should anticipate updating and turnover work as vacancies occur. The roof was replaced in 2006, the boiler in 2007, and the windows and siding in 2010. Buyer should independently verify ages and condition of all major components. Convenient location near local schools and Lakemore Recreation Park. This is an opportunity to acquire three occupied units at an attractive per-unit basis with future value-add potential. A neighboring duplex with comparable unit square footage recently sold for $111,000 per unit, while 2375 Sanitarium is being offered at approximately $76,667 per unit. Existing leases and trailing operating statements are available for review. Please do not disturb tenants. End buyers only.
4 days on Market
  • Listed by: Michael L Magno 216.236.8849 michael@themagnogroup.com • Keller Williams Living
Last updated: 10/05/2026 12:59 PM • Source: MLS Now, MLS#: 5249146
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Location

Listing Courtesy of Keller Williams Living
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$1,398 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,228

Property Taxes

$170

HOA Dues

$0

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Property Information for 2375 Sanitarium Road

Property Details

  • Taxes: $2,040 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Tract 6
  • Has Waterfront: No

Building Information

  • Stories: 2
  • Year Built: 1969
  • Lot Size: 0.24 AC / 10,641 SF

Summary

Location and General Information
  • Directions: Ackers to Sanitarium
  • Latitude: 41.019482
  • Longitude: -81.439301
  • Township: Lakemore Village
Taxes and HOA
  • Parcel Number: 5400412
  • Tax Annual Amount: $2,040.00
  • Tax Legal Description: TR 6 LOT 4 N OF SANATORIUM RD & W OFMARTHA AVE
  • Tax Year: 2025
School Information
  • Elementary School District: Springfield LSD Summit- 7713
  • High School District: Springfield LSD Summit- 7713
  • Middle or Junior School District: Springfield LSD Summit- 7713
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: No Garage, Unpaved

Property

Lot Information
  • Direction Faces: South
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.2443
  • Lot Size Area: 0.2443
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2292.0
  • Above Grade Finished Area Source: Realist
  • Below Grade Finished Area Source: Realist
  • Living Area: 2292.0
  • Living Area Units: Square Feet
  • Year Built: 1969
  • Year Built Source: Public Records
Building Features
  • Accessibility Features: None
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Levels: Two, One
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Basement: None
  • Has Basement: No
  • Full Bathrooms: 3
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 6
  • Cooling: None
  • Has Cooling: No
  • Heating: Gas, Hot Water, Steam
  • Has Heating: Yes
  • Laundry Features: In Unit
  • Total Rooms: 12
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 1
  • Total Stories: 2

Unit Information

Unit 1
  • Actual Rent: $990.00
  • Area: 780.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit C
  • Leased: Yes
  • Lease Expires: 11-29-2026 07:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
  • Total Units: 1
Unit 2
  • Actual Rent: $1,080.00
  • Area: 780.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit B (month to month)
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
  • Total Units: 1
Unit 3
  • Actual Rent: $990.00
  • Area: 732.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Unit A
  • Leased: Yes
  • Lease Expires: 11-29-2026 07:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
  • Total Units: 1

Rental

Rent Information
  • Owner Pays: Gas, Heat, Sewer, Trash Collection, Water
  • Tenant Pays: Cable Tv, Electricity

Property History for 2375 Sanitarium Road

DateEvent & SourcePriceAppreciation
Oct 2, 2026

Listed (Active)

MLS Now #5249146

$230,000—
Apr 13, 2023

Sold

MLS Now #4440558

$203,000—
Apr 12, 2023

Sold (Public Record)

Public Record #1508832009

$203,000

+17.8% / yr

DateEvent & SourcePrice
10/02/2026

Listed (Active)

MLS Now #5249146

$230,000
04/13/2023

Sold

MLS Now #4440558

$203,000
04/12/2023

Sold (Public Record)

Public Record #1508832009

$203,000

+17.8% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2375 Sanitarium Road

Taxable Value

Land

$12,656

Additions

$33,404
Total$46,060

Tax Record

2025

$2,901 ($242 / month)

Home Facts

Baths

3

Total Finished SqFt

1,170 SqFt

Above Grade Finished SqFt

1,170 SqFt

Stories

1

Lot Size

10,640 SqFt

Style

Triplex

Year Built

1969

Year Renovated

1969

County

SUMMIT

APN

54-00412

Schools near 2375 Sanitarium Road

This home is within Springfield Local School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 12
Public - 4 to 6
Private - K to 12
Rating
School
Distance
Roosevelt Elementary School
PublicK to 3

Springfield High School
Public7 to 12

Schrop Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2375 Sanitarium Road is a multi-family home for sale in Lakemore, OH 44250. This property was listed for sale on October 2, 2026 by Keller Williams Living, it's currently listed at $230,000. It has been on the market for a total of 4 days and was last sold on April 13, 2023. This listing's school district is Springfield Local School District. Nearby schools include Roosevelt Elementary School, Springfield High School and Schrop Intermediate School. 2375 Sanitarium Road is a 6-bed, 3-bath, 2,292 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Living

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