Property profile

212 Jefferson Ave Ashville, OH 43103

OFF-MARKET
Residential income homes
Property ID
US66-6164087
2,752 SF 0.13 ac lot Built 1974
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 16-unit apartment building, located at 212 Jefferson Avenue in Ashville, Ohio, presents a compelling investment opportunity. Built in 1974, the property sits on a substantial 23,086.8 square foot lot and offers a strong price-per-square-foot of $188.95. The asking price for this multifamily asset is $1,560,000. The property is classified as an apartment building, specifically a duplex/triplex/quadruplex configuration, suggesting a mix of unit sizes and potential for varied rental income streams. The building's age provides an opportunity for potential value-add improvements or continued stable cash flow from existing tenants. Its location in Ashville, Ohio, within Pickaway County, zip code 43103 (39.7176422, -82.9581583), offers access to local amenities and a potentially strong rental market. The property's size and unit count make it an attractive investment for both seasoned and emerging real estate investors seeking a multifamily portfolio addition or a substantial initial investment. Detailed financial information and property reports are available upon request. This is a rare opportunity to acquire a well-situated multifamily property in a growing market. Serious inquiries only.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1974
Construction FRAME
Total area 2,752 SF
Lot 0.13 ac (5,740 SF)
APN D13-0-008-00-006-00
UPID US66-6164087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

212 Jefferson Ave Ashville, OH 43103-1284
Ashville metro Census 21201 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2016
2 recorded transactions
2016
$600,000
2007
$450,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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