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For sale
  • $1,155,000

    138 N Madison Rd, London, OH 43140

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    Duplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This London Ohio investment portfolio consists of 8 properties totaling 12 units and is a subset of a larger Central Ohio Investment Portfolio available for purchase, as smaller package. 138 N Madison - London 25 W Lincoln - London 701 E Paint - Washington CH 1005 Broadway - Washington CH 631 Rawling - Washington CH 40 South St - London 42 South St - London 27 Fent St - Jeffersonville The full portfolio is 133 units assembled across 34 individual residential and mixed-use properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022 under three operating entities Ohio State Property Investors, USA Investment Group, and The Woodlands LLC. Please see the attached file that breaks down the offering in tranches. A few important parameters: 1. Highlighted tranches must be purchased as a package. The seller's preference is for these packages to also include some of the unhighlighted assets. 2. Unhighlighted assets may be purchased individually at the pricing shown in the attached summary. 3. Buyers are responsible for sourcing their own debt quotes and determining the best execution if separating assets from the portfolio. Whether you're pursuing the full portfolio, a tranche, or select individual assets, the underlying story holds: below-replacement-cost basis at $67,669/unit and direct Columbus MSA spillover demand across Madison and Fayette Counties. This tranche structure opens the door for buyers who wanted exposure at a smaller check size -- and we expect it to accelerate activity on the portfolio. If you've been evaluating this deal, now is the time to move. We will promptly present all offers received. ***Note: Individual Pricing Available. Can be broken up. Details found in Tranche Pricing document attached.***
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brett A Ludwig 614-515-2995,

    Verti Commercial Real Estate L

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 226021686MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 8,712 Square Feet
      Details
      • Has additional parcels: Yes
      • Parcel number: 3102812.000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Condition
      • Year built: 1930

      Community & HOA

      Location
      • Region: London

      Financial & listing details

      • Tax assessed value: $255,310
      • Annual tax amount: $2,707
      • Date on market: 6/13/2026
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        Estimated market value

        Not available

        Estimated sales range

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        Price history

        DateEventPrice
        6/13/2026Listed for sale$1,155,000+524.3%
        Source: Columbus and Central Ohio Regional MLS #226021686 Report a problem
        8/25/2021Sold$185,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,807 -2.3%$89,360
        2023$2,874 +24.6%$89,360 +33.1%
        2022$2,305 +0.4%$67,160
        2021$2,296 0%$67,160
        2020$2,296 +26.1%$67,160 +27.4%
        2019$1,822 -7.3%$52,710
        2018$1,965 +1.6%$52,710
        2017$1,933 +19.4%$52,710 +17.7%
        2016$1,619 0%$44,800
        2015$1,620 -13.3%$44,800
        2014$1,867 -7.5%$44,800 -4.8%
        2013$2,019 -2.8%$47,070
        2012$2,077 +0.1%$47,070
        2011$2,074 -0.4%$47,070
        2010$2,082 +1.5%$47,070
        2009$2,051 +2.2%$47,070
        2008$2,007 +2%$47,070 +3.9%
        2007$1,969 +2.7%$45,320
        2006$1,917 +2.1%$45,320
        2005$1,878 +6%$45,320 +7.3%
        2004$1,771 $42,240

        Find assessor info on the county website

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 43140

          Getting around

          61 / 100
          Somewhat Walkable
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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