Search
12-Unit Multifamily Portfolio
For Sale
$1,155,000

138 N Madison Road, London, OH 43140

Eight residential properties span London, Washington Court House, and Jeffersonville, Ohio.

Property SizeContact for details
Days on Market78

Property Features for 138 N Madison Road

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $2,707

Building Details

Year Built 1930
Buildings 8
Units 12
Listing Agency: Verti Commercial Real Estate L
Listed By: Brett A Ludwig · License #2016004572
Source: Carolgoffrealestate
Added: Jun 13 Changed: Aug 28 Last Checked: Aug 28 at 2:56PM

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 Verti Commercial Real Estate L

Investment Insights

Based on property information with market context.

This multifamily offering includes 8 properties totaling 12 residential units across London, Washington Court House, and Jeffersonville, Ohio. The named properties are located on N Madison, W Lincoln, E Paint, Broadway, Rawling, South Street, and Fent Street, with multiple assets in London and Washington Court House.

The properties form a smaller package drawn from a broader Central Ohio investment portfolio. Portfolio assets were acquired and renovated between 2018 and 2022 under three operating entities: Ohio State Property Investors, USA Investment Group, and The Woodlands LLC. The broader portfolio comprises 133 units across 34 residential and mixed-use properties in Madison and Fayette Counties.

Key Highlights

  • 8 properties totaling 12 units
  • Assets located in London, Washington Court House, and Jeffersonville, Ohio
  • Portfolio properties acquired and renovated between 2018 and 2022

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Pharmacy Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 43140, OH

24,030
Population
8,419
Households
2.9
Avg Household Size
41
Median Age
20%
College-Educated
87%
High-School Grad
219.9 sq mi
ZIP Area
109
Density / Sq Mi
$82,598
Median Household Income
$44,378
Median Earnings
$901
Median Rent
$228,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Eight residential properties span London, Washington Court House, and Jeffersonville, Ohio.
Where is this multifamily property located?
The property is located at 138 N Madison Road London, OH.
What is the asking price?
The asking price for this property is $1,155,000.
What are key features of this property?
This property features: 8 properties totaling 12 units; Assets located in London, Washington Court House, and Jeffersonville, Ohio; Portfolio properties acquired and renovated between 2018 and 2022
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