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 full portfolio is 118 units assembled across 31 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. Please see the attached file that breaks down the offering in tranches.
For sale
Price cut: $155.6K (8/7)
$1,244,444
251-253 W High St, London, OH 43140
--beds
0baths
--sqft
Townhouse
Built in 1970
1.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 128 days
- 54
- 0
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#: 226021797
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.1 Acres
Details
- Parcel number: 3102592.000
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Condition
- Year built: 1970
Community & HOA
Location
- Region: London
Financial & listing details
- Annual tax amount: $7,536
- Date on market: 6/15/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $1,244,444-11.1% |
Source: | ||
| 6/15/2026 | Listed for sale | $1,400,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment








