212 Jefferson AveAshville, OH 43103

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 homes

Property subtype

Small apartment buildings

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.

• CAP approach

  CAP return

  Valuation

  6%

  $649,335

  6.5%

  $599,386

  7%

  $556,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $301,184

  Geo Method

  $301,184

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $997,885

  Retail / Commercial

  $503,389

  Mixed-Use / Specialty

  $495,038

  Hospitality / Lodging

  $354,656

  Office

  $485,267

  Institutional / Educational

  $512,296

  Multifamily

  $755,223

  Automotive / Energy

  $439,111

  Parking / Income-Based Land

  $158,010

  Restaurant / Food Service

  $243,479

  Healthcare / Senior Housing

  $514,376

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

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