Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    503-505 E 2Nd St, Unit 503 Chillicothe, OH 45601

    Under Contract
    For Sale
    $135,000

    MULTI_FAMILY - Chillicothe, OH

    Lot size:
    0.23 Acres
    Days on Market:
    87
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 503-505 E 2Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    30-54-28-001.000
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    4

    Red 1 Realty, LLC (614) 585-9020 [email protected]

    Listing agent Grant Kuhlwein (614) 551-9313

    Listing date Sep 10, 2025

    MLS# 225018419 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chillicothe Four-Unit Rental Complex

    Located in Chillicothe, this four-unit rental complex presents an investment opportunity. The multi-family property combines affordability and long-term upside. Tenants benefit from the proximity to local restaurants, shops, and essential services. The property offers flexibility and income potential. The lot size is 0.23 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chillicothe
    County
    Ross
    State
    Ohio
    Longitude
    -82.967997
    Latitude
    39.337108

    Nearby Similar for Sale

    • $150,000

      Historic Downtown Chillicothe Commercial Building

      Three-story commercial building in historic downtown Chillicothe, Ohio.
      20 E Main St, Chillicothe, OH 45601
      View Details
    • $169,900
      1,496 SF

      High-Traffic Commercial Property in Chillicothe

      Versatile commercial building on East Main Street with high visibility.
      945 E Main St, Chillicothe, OH 45601
      View Details
    • $1,295,000
      10,668 SF

      Versatile Commercial Property on US Route 50

      Commercial property with redevelopment potential on 2.54 acres.
      1075 Western Ave, Chillicothe, OH 45601
      View Details
    • $650,000
      4,832 SF

      Renovated Mixed-Use Building For Sale

      4,832 SF renovated mixed-use building with commercial zoning.
      7 Saint Andrews Blvd, Chillicothe, OH 45601
      View Details
    • $2,552,631
      2,325 SF

      New Chipotle with Drive-Thru

      New Chipotle with drive-thru in growing Ross County.
      6 St Andrews Blvd, Chillicothe, OH
      View Details
    • $300,000
      1,848 SF

      Renovated Commercial Property on Western

      Renovated 1,848 SF commercial property on busy Western Ave.
      2111 Western Ave, Chillicothe, OH 45601
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit rental property in Chillicothe, offering income potential.
    Where is this quadplex located?
    The property is located at 503-505 E 2Nd St, Unit 503 Chillicothe, OH.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - $5,000 seller credit towards buyer closing costs.; - Four-unit rental complex offering income potential.; - Convenient location in Chillicothe.
    (614) 551-9313
    Request Owner's contact information
    503-505 E 2Nd St, Unit 503 Chillicothe, OH 45601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    503-505 E 2Nd St, Unit 503
    Chillicothe, OH 45601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    503-505 E 2Nd St, Unit 503 Chillicothe, OH 45601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.