367 Fort St Nelsonville, OH 45764
This charming 2-unit apartment building, located at 367 Fort Street in Nelsonville, Ohio, presents a compelling investment opportunity. Built in 1900, this property sits on a 3,049.2 square foot lot and offers a total of two units. The asking price is $34,900, translating to a price per square foot of $13.63. The property is described as needing some "tenant improvements and necessary repairs," suggesting potential for value appreciation through renovations and upgrades. Its convenient location offers easy access to local state parks and shopping amenities, and provides a straightforward commute to both Athens and Lancaster. The property's age and condition indicate a potential for both short-term and long-term returns on investment, depending on the scope of improvements undertaken. The property's address is 367 Fort Street, Nelsonville, OH 45764, within Athens County. This multifamily property is categorized as an apartment building, specifically a duplex/triplex/quadruplex. The property's location in Nelsonville, Ohio, offers a blend of convenience and potential for growth. Investors seeking a project with potential for significant return should consider this opportunity. The property's size and unit count make it an ideal entry point for those new to multifamily investment or a valuable addition to an existing portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.