212 Jefferson AveAshville, OH 43103

  • Residential income properties
  • 2,752 SF
For Sale
$1,560,000 View listing

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
212 Jefferson Ave, Ashville, Ohio

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,470
$7,600
$44,560
$52,160
-
$21,700
$127,300
$149,000

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