50 S Main Street, London, OH 43140
$789,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
1,742
Status:
Active
Current Price:
$789,900
List Date:
3/13/2026
Last Modified:
3/20/2026
Overview
Description
Unique property located in the heart of London, OH. 3 Residential units on the second floor. Retail space on the first floor that is leased thru August 2027. Great cash flow opportunity @ a 10% CAP RATE. All units have brand new HVAC units and all new appliances, including a washer and dryer in each unit. Pictures are of exterior, 1 bedroom unit.
Listing Details MLS# 226007422
Location Property Info
- Original List Price
- 799900
- Property Sub Type
- Mixed Use
- Street #
- 50
- Street PreDirection
- S
- Street Name
- Main
- Street Suffix
- Street
- County
- Madison
- State
- OH
- Zip Code
- 43140
- School District
- LONDON CSD 4903 MAD CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-03-12
General Property Info
- Number of Units
- 4
- Building Sqft
- 7372
- Year Built
- 1890
- Built Prior to 1978
- Yes
- Lot Size (Side)
- 80
- Acreage
- 0.04
- # of Buildings
- 0
Tax Info
- Parcel #
- 31-02960.000
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 2500
1 Bedroom
- 1 Bedroom # of Units
- Yes
- 1 Bedroom Month Rent Per Unit
- 1150
2 Bedroom
- 2 Bedroom # of Units
- Yes
- 2 Bedroom Month Rent Per Unit
- 1300
More Information
3 Bedroom
- 3 Bedroom # of Units
- Yes
- 3 Bedroom Month Rent Per Unit
- 1550
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 107.15
- City (Mailing Addr)
- London
- Corp LimitPerAuditor
- London
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Unique property located in the heart of London, OH. 3 Residential units on the second floor. Retail space on the first floor that is leased thru August 2027. Great cash flow opportunity @ a 10% CAP RATE. All units have brand new HVAC units and all new appliances, including a washer and dryer in each unit. Pictures are of exterior, 1 bedroom unit.
Income/Expenses
- Gross Income
- 82800
- Net Operating Income
- 80000
- Total Expenses
- 2800
Addl Acceptance Cond
- None Known
- Yes
Heat Fuel
- Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Trash Collection
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Tenant Pays:
Electricity; Gas; Trash Collection; Water
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Water Source:
Public
Sewer:
Public Sewer
Services Available:
Electricity Available; Water Available
Miscellaneous:
Basement
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Taras Posykalyuk
Last Updated: March - 20 - 2026
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