251-253 W High Street
London, OH 43140
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Bed
0
Bath
1.10Acres(Lot)
This property is fully occupied, stabilized multifamily asset offering investors an attractive, in place cash flow profile from day one. The asset delivers durable income with limited lease-up or repositioning risk, an increasingly rare profile in today's capital markets environment. While near-term net operating income growth may be tempered by anticipated property tax reassessment upon transfer, this dynamic is more than offset by the certainty of cash flow, the strength of in-place tenancy, and the asset's defensible position within its submarket. Underwriting projects an approximate 18% levered internal rate of return and a 10% average cash-on-cash yield over the projected hold period. The property is part of a larger Central Ohio Investment Portfolio available for purchase. The ful
Property Details
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Features
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Building Information
Year Built: 1970 Private Pool: No
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Lot Information
Main Square Feet: 1.1 Lot Size Acres: 1.1 Lot Size Square Feet: 47916
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Listing Price Information
Listing Price: $1400000
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Tax Information
Parcel Number: 31-02592.000 Tax Year: 2025 Annual Tax: $7536
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 209 Maddoxx Drive, London, OH, 43140 | $421,990 | 4 | 3 | 2,933 | 2,933 SqFt |
| 233 Maddoxx Drive, London, OH, 43140 | $358,990 | 5 | 3 | 2,176 | 2,176 SqFt |
| 231 Maddoxx Drive, London, OH, 43140 | $429,990 | 4 | 3 | 2,720 | 2,720 SqFt |
| 201 Maddoxx Drive, London, OH, 43140 | $332,990 | 3 | 2 | 1,228 | 1,228 SqFt |
| 207 Maddoxx Drive, London, OH, 43140 | $453,990 | 4 | 3 | 3,103 | 3,103 SqFt |
| 3660 Sycamore Lane, London, OH, 43140 | $349,900 | 4 | 2 | 2,190 | 2,190 SqFt |
| 6881 Van Wagener Road, London, OH, 43140 | $629,900 | 3 | 2 | 3,000 | 3,000 SqFt |
| 380 Us Highway 42, London, OH, 43140 | $1,200,000 | 6 | 2 | 4,034 | 4,034 SqFt |
| 1855 Spring Valley Road, London, OH, 43140 | $999,000 | 4 | 4 | 3,165 | 3,165 SqFt |
| 1200 Spring Valley Road, London, OH, 43140 | $599,000 | 5 | 3 | 2,383 | 2,383 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 08:24
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