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    231-233 Logan St Circleville, OH 43113

    For Sale
    $179,000

    Prime Circleville Duplex, High Cash Flow Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This charming 2-unit apartment building, located at 231-233 Logan Street in Circleville, Ohio, presents a fantastic investment opportunity. Built in 1900, this property boasts a spacious 6,534 square foot lot and offers immediate cash flow potential. The asking price is $179,000, translating to a price per square foot of $113.80. Ideal for both seasoned investors and those starting their real estate journey, this duplex allows for owner-occupancy, enabling you to house hack and rent out the remaining unit. The property's location in Circleville, Ohio, within Pickaway County, zip code 43113, offers convenient access to local amenities and services. With two units available, this property provides a solid foundation for building a robust rental income stream. The property's age suggests potential for future value appreciation through renovations or upgrades. This is a turnkey opportunity to enter the multifamily market or expand an existing portfolio. Don't miss this chance to acquire a well-positioned property with significant upside potential. The property is situated at 39.5890259 latitude and -82.947112 longitude.

    Property Features for 231-233 Logan St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900
    Units
    2

    HighLights

    • Charming 2‑unit apartment building in Circleville, OH.
    • 6,534 sq ft lot, asking price $179,000 ($113.80/sq ft).
    • Immediate cash flow potential, ideal for owner‑occupancy.
    • Located in Circleville, OH (43113), convenient to amenities.
    • Turnkey opportunity with significant upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Circleville
    County
    Pickaway
    State
    Ohio
    Longitude
    -82.947112
    Latitude
    39.5890259

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    FAQs

    What type of property is this?
    Multifamily property - Prime Circleville Duplex, High Cash Flow Potential
    Where is this multifamily property located?
    The property is located at 231-233 Logan St Circleville, OH.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: Charming 2-unit apartment building in Circleville, OH.; 6,534 sq ft lot, asking price $179,000 ($113.80/sq ft).; Immediate cash flow potential, ideal for owner-occupancy.
    Request Owner's contact information
    231-233 Logan St Circleville, OH 43113
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    Circleville, OH 43113
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    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
    231-233 Logan St Circleville, OH 43113
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