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Property profile & analytics
OFF-MARKET
Apartment buildings
121 Washington St Delaware, OH 43015-1750
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-2050815
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1922
Total area
5,692 SF
Lot
0.45 ac (19,602 SF)
APN
519-432-13-026-000
UPID
US66-2050815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bicentennial Park Park
-
121 N Washington Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
121 North Washington LLC · 4 yrs held
121 North Washington LLC
since 2021
Last sale
$345,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Delaware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Delaware submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,154
Tax year 2023
Assessed value
$146,730
Assessed 2023
Previous assessed
$120,750
+21.5% YoY
Effective rate
5.56%
On assessed value
Assessed land
$25,730
Assessed improvement
$121,000
Land market value
$73,500
Improvement market value
$345,700
Total market value
$419,200
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1922
Heating
YES
Cooling
NONE
Stories
2
Units
1
Rooms
25
Bathrooms
12
Total area
5,692 SF
Lot
0.45 ac (19,602 SF)
APN
519-432-13-026-000
UPID
US66-2050815
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1922
Heating
YES
Cooling
Yes
Stories
2
Units
1
Rooms
25
Bathrooms
12
Lot
0.45 ac
Current owner
From public records · entity-resolved
121 North Washington LLC
Entity
Mailing address
121 N WASHINGTON ST, DELAWARE, OH 43015-1750
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2023
—
North Washington Holdings LLC
—
Deed
related
$150,000 · The Union Bank Co
Oct 7, 2021
—
121 North Washington LLC
121 North Washington LLC
Intrafamily Transfer
related
$688,000 · The Union Bank Co
Jun 6, 2019
—
121 North Washington LLC
—
Deed
related
$881,600 · First Fed'l Bk/the Midwest
Apr 23, 2019
$345,000
121 North Washington LLC
Keg Sfh Holdings LLC
Warranty Deed
$349,404 · Adam Vetter
Apr 22, 2016
$225,067
Keg Sfh Holdings LLC
Louden Rentals LLC
Warranty Deed
—
Jun 19, 2006
—
Louden Rentals LLC
Louden,thomas E & Shelly S
Quit Claim Deed
—
—
—
121 North Washington LLC
—
Deed Of Trust
related
$881,600 · First Fed'l Bk/the Midwest
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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