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    212 Scioto St Circleville, OH 43113

    For Sale
    $149,999

    Charming 2-Unit Property, High Rental Income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a charming two-unit property located in the heart of Circleville, Ohio, at 212 S Scioto Street, zip code 43113. The property, built in 1900, sits on a 4,356 square foot lot and offers a unique blend of historical charm and modern convenience. The main structure is a 1278 square foot, single-family ranch-style home boasting three to four bedrooms, a full basement, and original hardwood floors. High ceilings and a decorative fireplace add to its character. A separately metered one-bedroom apartment is situated above a detached two-car garage, providing additional rental income. The combined monthly rent from both units currently totals $1,525. Tenants are on month-to-month leases. The property also includes a modest backyard and a storage shed. This property is priced at $149,999, representing a price per square foot of $118.11. The layout is ideal for various scenarios, such as an in-law suite or separate living quarters for a college student. This multifamily property offers a strong return on investment in a desirable downtown location. The property's features, combined with its prime location and current rental income, make it an attractive proposition for discerning investors. This is a rare opportunity to acquire a well-maintained, income-generating property in a thriving Ohio community.

    Property Features for 212 Scioto St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900
    Units
    2

    HighLights

    • $149,999 asking price.
    • Multifamily property, 2‑unit apartment building (duplex/triplex/quadruplex).
    • $118.11 price per square foot.
    • 1,278 sq ft main house (3‑4 bedrooms) plus a 1‑bedroom apartment above a detached 2‑car garage.
    • Built in 1900, situated on a 4,356 sq ft lot in Circleville, OH.
    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
    -82.9482863
    Latitude
    39.6012534

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    FAQs

    What type of property is this?
    Multifamily property - Charming 2-Unit Property, High Rental Income
    Where is this multifamily property located?
    The property is located at 212 Scioto St Circleville, OH.
    What is the asking price?
    The asking price for this property is $149,999.
    What are key features of this property?
    This property features: $149,999 asking price.; Multifamily property, 2-unit apartment building (duplex/triplex/quadruplex).; $118.11 price per square foot.
    Request Owner's contact information
    212 Scioto 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
    212 Scioto St Circleville, OH 43113
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