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For sale
  • $1,400,000

    251-253 W High St, London, OH 43140

    --beds
    0baths
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    Townhouse
    Built in 1970
    1.1 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 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. Please see the attached file that breaks down the offering in tranches.
    35 days
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    142
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    3
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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#: 226021797MLS Logo

      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

        DateEventPrice
        6/15/2026Listed for sale$1,400,000
        Source: Columbus and Central Ohio Regional MLS #226021797 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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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

        37 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

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