London, OH Multifamily Properties for Sale

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Updated: Nov 24, 2025

London, OH Mixed-Use Property

50 South Main Street, London, OH 43140

$789,900

7,372 sqft

10% CAP Rate: Great cash flow opportunity.
Leased Retail Space: First floor retail space leased thru August 2027 providing immediate income.
Three Residential Units: Three separate residential units on the second floor.
New HVAC Units: All units have brand new HVAC systems.
New Appliances: All units include new appliances, including a washer and dryer.

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This listing looks promising.

Here's a quick look at some key insights for

50 South Main Street, London, OH 43140

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Est. Cap Rate

3.7%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$418K
Suggested
Last Sold

Nov 2023
$193K
Property Type

Office Building
Built 1890

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Updated: Apr 15

Downtown Triplex with Updated Roof

155 N Main Street, London, OH 43140

$359,900

0.20 AC lot

Triplex with three fully separate units on Main Street in Downtown London
Across the street from Cowling Park and one block from Madison County Hospital
Front roof replaced in 2025; rear roof replaced in 2015
Upstairs windows replaced in 2025; water heater replaced in 2022
Public water and public sewer

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Mixed-Use Building with Retail

50 S Main Street, London, OH 43140

$789,900

0.04 AC lot

Building features retail space on the first floor leased through August 2027 and three residential units on the second floor.

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11-Unit Multifamily Portfolio with Two Buildings

67 East High Street, London, OH 43140

$650,000

10,320 sqft

Two-building, 11-unit portfolio includes renovations, new roofs, and updated windows plus 2025 mechanical upgrades.

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Stabilized Multifamily Apartment Building

251-253 West High Street, London, OH 43140

$1,400,000

12,424 sqft

Fully occupied stabilized apartment building sold as part of a Central Ohio investment portfolio.

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Mixed-Use Building with Retail

50-52 S Main Street, London, OH 43140

$789,900

7,372 sqft

First-floor retail is leased through August 2027, with three second-floor residential units.

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Bulk 133-Unit Rental Portfolio

1 East High Street, London, OH 43140

$9,000,000

8,712 sqft

Residential rental portfolio with 133 units across 34 properties, acquired and renovated from 2018–2022.

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Office Building with Conversion Potential

16 North Main Street, London, OH 43140

$300,000

5,684 sqft

Currently operating as an office, with interior reconfiguration toward residential use underway by prior ownership.

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Fully Renovated Three-Family Home

84 W 2nd Street, London, OH 43140

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Three-unit property fully renovated in 2023 with updated plumbing, HVAC, and electrical systems.

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Historic Mixed-Use Bar and Apartments

16 E High St, London, OH 43140

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Historic property includes a bar with full liquor license, studio apartments with kitchen and bath, and an accompanying parking lot.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in London, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Two-Unit Duplex

272-274 Hilliard Rome Road, Columbus, OH 43228

$285,000

1,760 sqft

One unit is currently rented through 4/30/27, while the other offers ready space for a house hacker or investor.

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Duplex in Southwestern City Schools

272-274 Hilliard Rome Road, Columbus, OH 43228

$285,000

0.20 AC lot

Duplex with updated interiors, one unit rented, great investment opportunity.

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Three-Building Investment Property Package

250-254 S Douglas Ave, Springfield, OH 45505

Contact for pricing

8,536 sqft

Three buildings with restored details, generating $8010 monthly income.

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Restaurant with Apartments and Licenses

229 N Belmont Ave, Springfield, OH 45503

Contact for pricing

Turnkey restaurant with two apartments, liquor license, and equipment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Surveyed Hunting and Development Land

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900

75.00 AC lot

Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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Surveyed Development Land Parcel

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900

75.00 AC lot

Surveyed acreage with city-limit and out-of-city portions, suited for a variety of residential and mixed-use concepts.

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Off-Market Properties in London, OH

Consider similar Off-Market properties in London, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

62 Un St, London, OH 43140-1378

Value Estimation by Request

2,304 sqft 0.20 AC lot

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MOBILE HOME PARK, TRAILER PARK

2900 Lafayette Pln City Rd, London, OH 43140

Value Estimation by Request

697 sqft 43.33 AC lot

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APARTMENT HOUSE (5+ UNITS)

137 Main St, London, OH 43140-1440

Value Estimation by Request

9,680 sqft 0.22 AC lot

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APARTMENT HOUSE (5+ UNITS)

240 Us Hwy 42nd SE, London, OH 43140

Value Estimation by Request

2,992 sqft 0.98 AC lot

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APARTMENT HOUSE (5+ UNITS)

249 High St, London, OH 43140-1356

$725,000

Estimated value

25,472 sqft 1.23 AC lot

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APARTMENT HOUSE (5+ UNITS)

239 High St, London, OH 43140

Value Estimation by Request

6,212 sqft 1.10 AC lot

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BOARDING/ROOMING HOUSE

61 Walnut St, London, OH 43140-1282

Value Estimation by Request

3,040 sqft 0.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

211 Madison Rd, London, OH 43140-2013

Value Estimation by Request

1,568 sqft 0.96 AC lot

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APARTMENT HOUSE (5+ UNITS)

91 Madison Rd, London, OH 43140-1400

Value Estimation by Request

3,840 sqft 0.04 AC lot

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APARTMENT HOUSE (5+ UNITS)

91 Madison Rd, London, OH 43140-1400

Value Estimation by Request

2,500 sqft 0.20 AC lot

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BOARDING/ROOMING HOUSE

61 Walnut St, London, OH 43140-1282

Value Estimation by Request

504 sqft 0.08 AC lot

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APARTMENT HOUSE (5+ UNITS)

1052 Sheffield Blvd, London, OH 43140-2143

$2,290,000

Estimated value

4,800 sqft 7.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

164 Ctr St, London, OH 43140-1448

Value Estimation by Request

1,800 sqft 0.43 AC lot

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APARTMENT HOUSE (5+ UNITS)

82 Chandler Ave, London, OH 43140-1131

Value Estimation by Request

4,264 sqft 0.15 AC lot

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London, OH Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in London, OH, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 51,884 square feet of properties for sale, with an estimated market value of $14,079,600.

Sale prices for multifamily properties in London, OH start at $300,000, averaging $1,759,950, and reaching up to $9,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 24K

Population Growth (5Y) -1.4%

Median Household Income $82,598

College Educated 25.2%

High-Yield Neighborhoods for Investment

Identify London submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43140	$687.4K

Taxes & Financing

Tax Rate (average for all types) 4.37%

Property Tax per SF $86.08 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

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London, OH Multifamily Properties for Sale

50 South Main Street, London, OH 43140

155 N Main Street, London, OH 43140

50 S Main Street, London, OH 43140

67 East High Street, London, OH 43140

251-253 West High Street, London, OH 43140

50-52 S Main Street, London, OH 43140

1 East High Street, London, OH 43140

16 North Main Street, London, OH 43140

84 W 2nd Street, London, OH 43140

16 E High St, London, OH 43140

Opportunities in Nearby Cities

272-274 Hilliard Rome Road, Columbus, OH 43228

272-274 Hilliard Rome Road, Columbus, OH 43228

250-254 S Douglas Ave, Springfield, OH 45505

229 N Belmont Ave, Springfield, OH 45503

Potential Development Sites for Consideration

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

7326 State Route 19, Mount Gilead, OH 43338

400 Keith Whitley Blvd., Sandy Hook, KY 41171

400 Keith Whitley Blvd., Sandy Hook, KY 41171

Off-Market Properties in London, OH

62 Un St, London, OH 43140-1378

2900 Lafayette Pln City Rd, London, OH 43140

137 Main St, London, OH 43140-1440

240 Us Hwy 42nd SE, London, OH 43140

249 High St, London, OH 43140-1356

239 High St, London, OH 43140

61 Walnut St, London, OH 43140-1282

211 Madison Rd, London, OH 43140-2013

91 Madison Rd, London, OH 43140-1400

91 Madison Rd, London, OH 43140-1400

61 Walnut St, London, OH 43140-1282

1052 Sheffield Blvd, London, OH 43140-2143

164 Ctr St, London, OH 43140-1448

82 Chandler Ave, London, OH 43140-1131

London, OH Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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