212 Jefferson Ave Ashville, OH 43103-1284
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.