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Property view

1 E High Street, 
London, OH 43140

$9,000,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Brett A Ludwig

Verti Commercial Real Estate L

380-215-6046

Last updated:

May 23, 2026, 02:54 PM

MLS#

226017750

Source:

OH CBR

About This Home

1 E High Street

133-unit residential rental portfolio 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 and is offered as a single bulk acquisition. The portfolio presents a rare opportunity to acquire institutional-scale income at a meaningful basis discount, with a seasoned ownership track record, demonstrated CapEx execution of $2.07M deployed, and substantial embedded upside through rental rate increases and operational optimization. The current mark to market opportunity of approximately 37% ($215 per unit, per month) represents the single largest near-term value creation lever. Concentrated in two contiguous secondary markets directly benefiting from Columbus MSA spillover demand, the portfolio offers a buyer a below-replacement-cost basis of $67,669 per unit, workforce housing cash flow stability, and a clear path to value creation through systematic lease-up and completion of the in-process renovation program.

Home Facts

Multi-Family

Built in 1920

Price Summary

9,000,000

MLS #:

226017750

Last Updated:

May 23, 2026, 02:54 PM

Added:

7 day(s) ago


Structure

Structure

Year Built:

1920


Lot

Lot Size (Sq. Ft):

8,712


Finances & Disclosures

Finances

Price:

$9,000,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Quest shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.