London, OH Apartment Buildings for Sale

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West Jefferson, OH South Vienna, OH Mechanicsburg, OH South Charleston, OH Mount Sterling, OH Galloway, OH Sedalia, OH Plain City, OH

Updated: Mar 2

London, OH Mixed-Use Property

50 South Main Street, London, OH 43140

$789,900

7,372 sqft

10% CAP Rate: Great cash flow opportunity.
Leased Retail Space: First floor retail space leased thru August 2027 providing immediate income.
Three Residential Units: Three separate residential units on the second floor.
New HVAC Units: All units have brand new HVAC systems.
New Appliances: All units include new appliances, including a washer and dryer.

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This listing looks promising.

Here's a quick look at some key insights for

50 South Main Street, London, OH 43140

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Est. Cap Rate

3.7%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$418K
Suggested
Last Sold

Nov 2023
$193K
Property Type

Office Building
Built 1890

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Updated: Jun 16

11-Unit Multifamily Portfolio with Two Buildings

67 East High Street, London, OH 43140

$650,000

10,320 sqft

11‑unit multifamily portfolio across two buildings on one parcel in downtown London, OH
Address mix: 5 N Walnut St (8 units) and 67 E High St (3 units)
New roofs installed on both buildings within the last three years
Renovations include 7 of 8 units at 5 N Walnut and Unit C at 67 E High, plus new windows across multiple units
2025 upgrades: new hot water tank, basement sump pump, and full Unit B remodel (~$16,800)

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Stabilized Multifamily Apartment Building

251-253 West High Street, London, OH 43140

$1,400,000

12,424 sqft

Fully occupied stabilized apartment building sold as part of a Central Ohio investment portfolio.

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Bulk 133-Unit Rental Portfolio

1 East High Street, London, OH 43140

$9,000,000

8,712 sqft

Residential rental portfolio with 133 units across 34 properties, acquired and renovated from 2018–2022.

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Office Building with Conversion Potential

16 North Main Street, London, OH 43140

$300,000

5,684 sqft

Currently operating as an office, with interior reconfiguration toward residential use underway by prior ownership.

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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 5 Active listings in London, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Apartment with Modern Amenities

127 Tarryton Court W #23D, Columbus, OH 43228

$130,000

992 sqft

Updated apartment featuring modern kitchen, new HVAC, and community amenities.

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Six-Unit Brick Apartment Building

411 S Limestone Street, Springfield, OH 45505

$295,000

3,506 sqft 0.14 AC lot

Six-unit brick apartment building with a mix of four efficiencies and two one-bedroom units, plus detached three-car carports.

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Versatile Commercial Building Near OhioHealth

24 East Street, Columbus, OH 43228

Contact for pricing

5,000 sqft

Adaptable commercial building suitable for various uses near OhioHealth.

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Historic District Income Property

411 S Limestone Street, Springfield, OH 45505

Contact for pricing

Six-unit building in the Historic District, generating monthly income.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$650,000

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Off-Market Properties in London, OH

Consider similar Off-Market properties in London, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

62 Un St, London, OH 43140-1378

Value Estimation by Request

2,304 sqft 0.20 AC lot

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APARTMENT HOUSE (5+ UNITS)

137 Main St, London, OH 43140-1440

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9,680 sqft 0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

240 Us Hwy 42nd SE, London, OH 43140

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2,992 sqft 0.98 AC lot

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APARTMENT HOUSE (5+ UNITS)

249 High St, London, OH 43140-1356

$725,000

Estimated value

25,472 sqft 1.23 AC lot

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APARTMENT HOUSE (5+ UNITS)

239 High St, London, OH 43140

Value Estimation by Request

6,212 sqft 1.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

211 Madison Rd, London, OH 43140-2013

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1,568 sqft 0.96 AC lot

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APARTMENT HOUSE (5+ UNITS)

91 Madison Rd, London, OH 43140-1400

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3,840 sqft 0.04 AC lot

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APARTMENT HOUSE (5+ UNITS)

91 Madison Rd, London, OH 43140-1400

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2,500 sqft 0.20 AC lot

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APARTMENT HOUSE (5+ UNITS)

1052 Sheffield Blvd, London, OH 43140-2143

$2,290,000

Estimated value

4,800 sqft 7.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

164 Ctr St, London, OH 43140-1448

Value Estimation by Request

1,800 sqft 0.43 AC lot

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APARTMENT HOUSE (5+ UNITS)

82 Chandler Ave, London, OH 43140-1131

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4,264 sqft 0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

86 Chandler Ave, London, OH 43140-1131

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0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

Toland St, London, OH 43140

Value Estimation by Request

0.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

83 Toland St, London, OH 43140-1441

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2,160 sqft 0.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

1 Lamplight Ct, London, OH 43140-2004

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3,456 sqft 2.92 AC lot

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APARTMENT HOUSE (5+ UNITS)

7 Westmoor Dr, London, OH 43140-2022

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2,496 sqft 0.36 AC lot

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APARTMENT HOUSE (5+ UNITS)

179 Madison Rd, London, OH 43140-2007

Value Estimation by Request

4,224 sqft 1.07 AC lot

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APARTMENT HOUSE (5+ UNITS)

198 Elm St, London, OH 43140-1161

Value Estimation by Request

2,499 sqft 5.53 AC lot

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APARTMENT HOUSE (5+ UNITS)

251 Bowman Ct, London, OH 43140-1367

$730,000

Estimated value

6,912 sqft 4.47 AC lot

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London, OH Apartment Buildings Market Trends and Statistics

Explore 41 apartment buildings for sale in London, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 44,512 square feet of properties for sale, with an estimated market value of $12,139,900.

Sale prices for two-family homes in London, OH start at $300,000, averaging $2,427,980, and reaching up to $9,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 24K

Population Growth (5Y) -1.4%

Median Household Income $82,598

College Educated 25.2%

High-Yield Neighborhoods for Investment

Identify London submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43140	$2.4M

Taxes & Financing

Tax Rate (average for all types) 4.37%

Property Tax per SF $86.08 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

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London, OH Apartment Buildings for Sale

50 South Main Street, London, OH 43140

67 East High Street, London, OH 43140

251-253 West High Street, London, OH 43140

1 East High Street, London, OH 43140

16 North Main Street, London, OH 43140

Opportunities in Nearby Cities

127 Tarryton Court W #23D, Columbus, OH 43228

411 S Limestone Street, Springfield, OH 45505

24 East Street, Columbus, OH 43228

411 S Limestone Street, Springfield, OH 45505

Potential Development Sites for Consideration

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

107 HOWARD Street, La Plata, MD 20646

Off-Market Properties in London, OH

62 Un St, London, OH 43140-1378

137 Main St, London, OH 43140-1440

240 Us Hwy 42nd SE, London, OH 43140

249 High St, London, OH 43140-1356

239 High St, London, OH 43140

211 Madison Rd, London, OH 43140-2013

91 Madison Rd, London, OH 43140-1400

91 Madison Rd, London, OH 43140-1400

1052 Sheffield Blvd, London, OH 43140-2143

164 Ctr St, London, OH 43140-1448

82 Chandler Ave, London, OH 43140-1131

86 Chandler Ave, London, OH 43140-1131

Toland St, London, OH 43140

83 Toland St, London, OH 43140-1441

1 Lamplight Ct, London, OH 43140-2004

7 Westmoor Dr, London, OH 43140-2022

179 Madison Rd, London, OH 43140-2007

198 Elm St, London, OH 43140-1161

251 Bowman Ct, London, OH 43140-1367

London, OH Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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