Active

$139,900

42 S Main Street
Mount Gilead, OH 43338

0
Baths: 0.05
Acres

About this home

Excellent investment opportunity in downtown Mount Gilead! This charming commercial/mixed use property offers established income with a fully renovated first-floor hair salon and a second-floor residential unit occupied by a long-...

List price: $139,900
Original list price: $139,900
Annual property taxes: $1,239 / year
Year built: 1920

MLS # 20261027161451350147000000 · Listed by Cheyenne A Peck · Howard Hanna - Main Office · Listed Oct 27, 2026 · Updated Oct 27, 2026

Property details

Listing overviewMLS-approved public listing fields

MLS number: 226040815
Status: Active
List price: $139,900
Original list price: $139,900
List date: Oct 27, 2026
Property type: Commercial
Property subtype: Mixed Use
County: Morrow
Township: Gilead
Parcel number: G20-0140002300

TaxesMLS-approved public listing fields

Annual property tax: $1,239
Tax year: 2,025

Rooms and interiorMLS-approved public listing fields

Bathrooms: 0
Finished area: 1,768 sq ft

Exterior and lotMLS-approved public listing fields

Lot size: 0.05

Listing and showing informationMLS-approved public listing fields

Listing office: Howard Hanna - Main Office
Listing agent: Cheyenne A Peck
Public remarks: Excellent investment opportunity in downtown Mount Gilead! This charming commercial/mixed use property offers established income with a fully renovated first-floor hair salon and a second-floor residential unit occupied by a long-time tenant. Whether you're looking to expand your investment portfolio or establish your own business while benefiting from rental income, this property offers versatility and immediate income potential. The first-floor salon has been extensively updated in recent years, including flooring, plumbing, paint, a water heater, and more, providing an inviting space for business operations. The upper-level residential unit features an eat-in kitchen, full bath, spacious bedroom, and living area, offering comfortable accommodations and established rental income. The upstairs water heater was replaced in 2024. Additional improvements include a brand new covered rear deck/porch and staircase providing access to the upper level, fresh gravel in the rear patio area, a newly re-sealed roof with a 10-year product warranty, and new rear gutters. Parking is another valuable feature, with private parking behind the building, additional adjoining public parking, and convenient on-street parking. The public parking area also features an updated mural and picnic-table seating area for community use. Take advantage of this opportunity to own a well-maintained, income-producing property in the heart of downtown Mount Gilead, with established tenants, recent improvements, and excellent potential for your next investment. Rent amounts and copy of leases will be available upon request with a qualified buyer. Owner pays water/sewer/trash (all shared on one meter). Tenants may electric, gas, internet. 24 hour notice required for all showings, and limited hours due to hours of salon.

Provider and sourceMLS, status, agent, brokerage, and dates

MLS number: 20261027161451350147000000
Status: Active
MLS: Columbus and Central Ohio Regional MLS
Listing office: Howard Hanna - Main Office
Listing agent: Cheyenne A Peck
List date: Oct 27, 2026

Location & neighborhood

Mt Gilead Middle School3.5/5 stars0.5 mi straight-line · Nearby public school—not an assignment
Park Avenue Elementary School3/5 stars0.5 mi straight-line · Nearby public school—not an assignment
Mt Gilead High School5/5 stars0.6 mi straight-line · Nearby public school—not an assignment

Data details

District attendance-area locator

District: Mount Gilead Exempted Village School District

Closest schools are ranked by straight-line distance from official NCES public-school building locations. Proximity does not determine attendance assignment or enrollment. Independently verify every school and attendance assignment with the district.

Census Tract 9652.01; Morrow County; Ohio

Area housing context

Data details

U.S. Census Bureau American Community Survey

Geography: Census Tract 9652.01; Morrow County; Ohio
GEOID: 39117965201
Period: 2020–2024 ACS five-year estimates
Retrieved: Oct 22, 2026
Median owner-occupied value: $174,800 ± $19,789

Census tract estimates describe an area, not a person or household. ACS estimates have sampling error and should not be used to steer, rank protected classes, or make eligibility decisions.

Open source

Housing units: 2,205
Occupied: 90%
Owner occupied: 68%
Median year built: 1966
Median gross rent: $818

How this home fits the Mount Gilead market

Payment estimate

Estimated monthly housing cost

Home price$Down payment%Loan termInterest rate%Property taxes / year · MLS$Home insurance / year · Estimated$HOA/COA fees / month · Not provided$

Estimated monthly payment

$869

Estimated loan amount: $111,920

Principal & interest: $707
Property taxes: $103
Home insurance: $58
HOA/COA fees: Not included

“Not included” means no reliable source value was available. Enter a confirmed amount for a fuller estimate.

Planning estimate only—not a loan offer, official Loan Estimate, or insurance quote. Confirm actual costs with your lender and other providers.

Estimate details

Insurance starts at a planning estimate of 0.5% of the home price per year. Items shown as “Not included” are excluded from the total. The estimate does not include closing costs, utilities, maintenance, special assessments, or every lender and escrow charge; mortgage insurance may also apply based on the loan.

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+16143525645

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About this home

List price: $139,900
Original list price: $139,900
Annual property taxes: $1,239 / year
Year built: 1920

MLS # 20261027161451350147000000 · Listed by Cheyenne A Peck · Howard Hanna - Main Office · Listed Oct 27, 2026 · Updated Oct 27, 2026

Property details

Listing overviewMLS-approved public listing fields

MLS number: 226040815
Status: Active
List price: $139,900
Original list price: $139,900
List date: Oct 27, 2026
Property type: Commercial
Property subtype: Mixed Use
County: Morrow
Township: Gilead
Parcel number: G20-0140002300

TaxesMLS-approved public listing fields

Annual property tax: $1,239
Tax year: 2,025

Rooms and interiorMLS-approved public listing fields

Bathrooms: 0
Finished area: 1,768 sq ft

Exterior and lotMLS-approved public listing fields

Lot size: 0.05

Listing and showing informationMLS-approved public listing fields

Listing office: Howard Hanna - Main Office
Listing agent: Cheyenne A Peck
Public remarks: Excellent investment opportunity in downtown Mount Gilead! This charming commercial/mixed use property offers established income with a fully renovated first-floor hair salon and a second-floor residential unit occupied by a long-time tenant. Whether you're looking to expand your investment portfolio or establish your own business while benefiting from rental income, this property offers versatility and immediate income potential. The first-floor salon has been extensively updated in recent years, including flooring, plumbing, paint, a water heater, and more, providing an inviting space for business operations. The upper-level residential unit features an eat-in kitchen, full bath, spacious bedroom, and living area, offering comfortable accommodations and established rental income. The upstairs water heater was replaced in 2024. Additional improvements include a brand new covered rear deck/porch and staircase providing access to the upper level, fresh gravel in the rear patio area, a newly re-sealed roof with a 10-year product warranty, and new rear gutters. Parking is another valuable feature, with private parking behind the building, additional adjoining public parking, and convenient on-street parking. The public parking area also features an updated mural and picnic-table seating area for community use. Take advantage of this opportunity to own a well-maintained, income-producing property in the heart of downtown Mount Gilead, with established tenants, recent improvements, and excellent potential for your next investment. Rent amounts and copy of leases will be available upon request with a qualified buyer. Owner pays water/sewer/trash (all shared on one meter). Tenants may electric, gas, internet. 24 hour notice required for all showings, and limited hours due to hours of salon.

Provider and sourceMLS, status, agent, brokerage, and dates

MLS number: 20261027161451350147000000
Status: Active
MLS: Columbus and Central Ohio Regional MLS
Listing office: Howard Hanna - Main Office
Listing agent: Cheyenne A Peck
List date: Oct 27, 2026

Location & neighborhood

Mt Gilead Middle School3.5/5 stars0.5 mi straight-line · Nearby public school—not an assignment
Park Avenue Elementary School3/5 stars0.5 mi straight-line · Nearby public school—not an assignment
Mt Gilead High School5/5 stars0.6 mi straight-line · Nearby public school—not an assignment

Data details

District attendance-area locator

District: Mount Gilead Exempted Village School District

Census Tract 9652.01; Morrow County; Ohio

Area housing context

Data details

U.S. Census Bureau American Community Survey

Geography: Census Tract 9652.01; Morrow County; Ohio
GEOID: 39117965201
Period: 2020–2024 ACS five-year estimates
Retrieved: Oct 22, 2026
Median owner-occupied value: $174,800 ± $19,789

Census tract estimates describe an area, not a person or household. ACS estimates have sampling error and should not be used to steer, rank protected classes, or make eligibility decisions.

Open source

Housing units: 2,205
Occupied: 90%
Owner occupied: 68%
Median year built: 1966
Median gross rent: $818

How this home fits the Mount Gilead market

Payment estimate

Estimated monthly housing cost

Home price$Down payment%Loan termInterest rate%Property taxes / year · MLS$Home insurance / year · Estimated$HOA/COA fees / month · Not provided$

Estimated monthly payment

$869

Estimated loan amount: $111,920

Principal & interest: $707
Property taxes: $103
Home insurance: $58
HOA/COA fees: Not included

“Not included” means no reliable source value was available. Enter a confirmed amount for a fuller estimate.

Planning estimate only—not a loan offer, official Loan Estimate, or insurance quote. Confirm actual costs with your lender and other providers.

Estimate details