You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Residential income homes

169 Mill St Athens, OH 45701

1,651 SF 0.59 ac lot Built 1950
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US66-3548625
Property summary
AI-generated overview

This exceptional 1.334-acre property at 169-175 Mill St, Athens, OH 45701, presents a unique investment opportunity. The 1,651 square foot, single-story, Class B apartment building, built in 1950, currently features two rental units, generating immediate income. The property boasts a highly desirable location near the Stimson Avenue roundabout and the South Green entrance to Ohio University, placing it within easy reach of Jackie O's Brewery, the bike path, various retail establishments, restaurants, and large student housing complexes. Zoned R-3 for multi-family housing and also for manufacturing with numerous permitted uses (verify with the City Code office), this property offers significant potential for redevelopment and expansion. The large lot size provides ample space for future development, capitalizing on the booming growth in this high-demand area. This is a rare opportunity to acquire a substantial in-town parcel with excellent access and high potential for future returns. The property's APN is A027070000700, A027070000800. Don't miss this chance to secure a piece of Athens' thriving real estate market.

Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1950
Total area 1,651 SF
Lot 0.59 ac (25,613 SF)
APN A02-70700008-00
UPID US66-3548625
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
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
Mill Street Properties LLC · 11 yrs held
Mill Street Properties LLC
since 2015
2 recorded transactions
2015
$1.2M
2012
$340,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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