Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Duplex with Month-to-Month Tenancies Title is generated by Realmo AI

    129 East Paint Street, Washington Court House, OH 43160

    View on Map
    Claim this Listing
    For Sale
    $99,900

    Two 3-bedroom, 1-bath units operate on month-to-month terms, with both sides currently paying $650 monthly.

    Type:Multi-Family / Duplex
    Property size:
    3,586 SF
    Price / SF:
    $27/SF
    Added:
    Apr 20, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 6 at 4:27 am

    Property Features for 129 East Paint Street

    General Information

    Standard status
    Active
    Size
    3,586 SF
    Property subtype
    Multi-Family / Duplex

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Michael R Laemmle

    Listing agent Michael R Laemmle License #2003013288

    Listing office The Mike Laemmle Team Realty

    Listing date Apr 20, 2026

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of The Mike Laemmle Team Realty

    HighLights

    • Duplex in Washington Courthouse with two units on month‑to‑month terms
    • Each side is 3‑bedroom, 1‑bath; both sides currently pay $650 per month
    • Total living area of 3,586 sq ft
    • Built in 1900 and sold as‑is; seller does not know the age of any mechanicals
    • No interior photos; offers are contingent upon buyer walking through after acceptance
    • Curb offers only

    Overview

    This duplex at 129 East Paint Street offers two separate residential units, each configured with 3 bedrooms and 1 bathroom. Both sides are on month-to-month arrangements and are currently paying $650 per month each. The property is being sold “as is,” and the seller does not know the age of any mechanicals. There are no interior photos available, and buyers are expected to complete a walkthrough after acceptance of an accepted contract.

    Offers are described as “curb offers only,” and multiple offers have been received. Highest and best offers are due by Friday, 4/24/2026 at noon, and the seller plans to respond by Friday at 5:00 p.m.

    For buyers, this structure may appeal as an owner-occupied option or an income-focused purchase where both units remain on month-to-month terms. Because the listing notes limited information regarding mechanical ages and includes no interior photos, prospective purchasers should plan for diligence during the required walkthrough contingency before finalizing the transaction.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington Court House
    County
    Fayette
    State
    Ohio
    Longitude
    -83.4418617
    Latitude
    39.5390292

    Nearby Similar for Sale

    • $2,400,000
      60,000 SF

      Industrial Property on Delaware Street

      Industrial property for sale with office space and drive-in doors.
      809 Delaware St, Washington Court House, OH 43160
      View Details
    • $99,900
      3,586 SF

      Washington Court House Duplex

      Duplex in Washington Court House for sale.
      129 E Paint Street, Washington Court House, OH 43160
      View Details
    • $1,500,000
      3,500 SF

      Turnkey Urgent Care Facility

      Freestanding, fully-equipped urgent care facility with existing patient base.
      1311 Leesburg Avenue, Washington Court House, OH, 43160
      View Details
    • $2,557,000
      39,858 SF

      Tractor Supply Net Leased Property

      Single tenant investment opportunity with over 7 years remaining.
      1650 Columbus Ave, Washington Court House, OH
      View Details
    • $2,076,000
      13,840 SF

      Fayette Square Retail Hub

      Retail property in established regional hub with high traffic.
      1355 Leesburg Ave, Washington Court House, OH 43160
      View Details
    • $1,595,000
      5,004 SF

      Restaurant Property with Drive-Thru

      Second-generation restaurant with drive-thru, pylon signage, and ample parking.
      1815 Columbus Ave, Washington Court House, OH
      View Details
    • $1,700,000
      8,400 SF

      Leased Retail Center Near Walmart

      Fully leased retail/restaurant center near I-71.
      1371-1379 Leesburg Ave, Washington Court House, OH
      View Details
    • Contact for pricing
      7,820 SF

      Renovated Freestanding Warehouse For Lease

      7,280 SF freestanding warehouse with expansion potential.
      2640 Us Hwy 22, Washington Court House, OH
      View Details
    • Contact for pricing
      90,845 SF

      90,845 SF Industrial Facility

      Move-in ready industrial facility ideal for manufacturing, processing, or distribution.
      1104 Clinton Ave, Washington Court House, OH
      View Details
    • $1,700,000
      8,400 SF

      Retail Center Fronting Walmart

      Fully leased retail center in Washington Court House, Ohio.
      1371 Leesburg Avenue, Washington Court House, OH 43160
      View Details
    • $1,700,000
      8,400 SF

      Leased Retail Center Near Walmart

      Fully leased retail center near Walmart Supercenter with high visibility.
      1371 Leesburg Ave, Washington Court House, OH 43160
      View Details

    FAQs

    What type of property is this?
    Duplex - Two 3-bedroom, 1-bath units operate on month-to-month terms, with both sides currently paying $650 monthly.
    Where is this duplex located?
    The property is located at 129 East Paint Street Washington Court House, OH.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Duplex in Washington Courthouse with two units on month‑to‑month terms; Each side is 3‑bedroom, 1‑bath; both sides currently pay $650 per month; Total living area of 3,586 sq ft
    (614) 312-0844
    We can help!
    Listing Contact
    Michael R Laemmle
    Real Estate License ID: 2003013288
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    129 East Paint Street, Washington Court House, OH 43160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!