212 Jefferson AveAshville, OH 43103
- Residential income properties
- 2,752 SF
Property Details for 212 Jefferson Ave
- Year built
- 1974
- Construction
- FRAME
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 2,752 SF
- Property type
- Residential income properties
- Property subtype
- Residential income homes
- APN
- D13-0-008-00-006-00
- APU
- D1300080000600
Description
This exceptional 16-unit apartment building, located at 212 Jefferson Avenue in Ashville, Ohio, presents a compelling investment opportunity. Built in 1974, the property sits on a substantial 23,086.8 square foot lot and offers a strong price-per-square-foot of $188.95. The asking price for this multifamily asset is $1,560,000. The property is classified as an apartment building, specifically a duplex/triplex/quadruplex configuration, suggesting a mix of unit sizes and potential for varied rental income streams. The building's age provides an opportunity for potential value-add improvements or continued stable cash flow from existing tenants. Its location in Ashville, Ohio, within Pickaway County, zip code 43103 (39.7176422, -82.9581583), offers access to local amenities and a potentially strong rental market. The property's size and unit count make it an attractive investment for both seasoned and emerging real estate investors seeking a multifamily portfolio addition or a substantial initial investment. Detailed financial information and property reports are available upon request. This is a rare opportunity to acquire a well-situated multifamily property in a growing market. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $575,184
- 6.5%
- $530,939
- 7%
- $493,015
-
Comparable approach
- Method
- Valuation
- Relative Method
- $399,004
- Geo Method
- $399,004
-
Alternative Use
- Use
- Valuation
- Residential
- $530,939
- Hospitality
- $486,338
- Educational
- $404,627
- Medical
- $418,543
- Retail
- $629,420
Location Insight
- City
- Ashville
- County
- Pickaway
- State
- Ohio
- Latitude
- 39.7176
- Longitude
- -82.9581
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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