67 E High Street, London, OH 43140

London
Local realty services provided by:ERA Martin & Associates
67 E High Street,London, OH 43140
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brett a ludwig
Office: verti commercial real estate l380-215-6046
MLS#:226022130
Source:OH_CBR

Price summary

  • Price:$650,000

About this home

Walnut Street Apartments is an 11-unit multifamily portfolio comprising two buildings on a single parcel in downtown London, Ohio, 5 N. Walnut Street (8 units) and 67 E. High Street (3 units). The asset is being offered at under $60,000 per door, with a clear path to a 9%+ yield-on-cost within 24 months through rent normalization, RUBS implementation, and the lease-up of one remaining vacant unit. Both buildings received new roofs within the last three years. Seven of eight units at 5 N. Walnut have been renovated, along with Unit C at 67 E. High. New windows have been installed across multiple units. A new hot water tank, basement sump pump, and full Unit B remodel were completed in 2025 (~$16,800). Seller is willing to lease back the vacant 2BR/1BA Unit B at 67 E. High at $900/month for six months at closing, allowing the buyer to stabilize cash flow while turning and re-leasing the unit on their own meline.

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Home facts

  • Year built:1900
  • Listing ID #:226022130
  • Added:52 day(s) ago
  • Updated:August 08, 2026 at 03:24 PM

Structure and exterior

  • Year built:1900
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$650,000
  • Tax amount:$6,279
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