6745 State Route 38 SE, London, OH 43140
$159,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$159,900
List Date:
3/20/2026
Last Modified:
4/03/2026
Overview
Description
Income-producing investment opportunity featuring three tenant-occupied units generating $2,150 per month ($25,800 annually). The property includes a duplex w/two units situated on one parcel, both sharing water and septic, along with a third unit located on a separate parcel.
Owned & maintained for over 30 years, w/updates including roof, electrical panels, plumbing, and regularly service septic system.
Sale includes two parcels. Property is being sold As-Is. Ideal opportunity for investors seeking immediate cash flow.
Listing Details MLS# 226008299
Location Property Info
- Original List Price
- 159900
- Property Sub Type
- Duplex
- Street #
- 6745
- Street Name
- State Route 38
- Street PostDirection
- SE
- County
- Madison
- State
- OH
- Zip Code
- 43140
- School District
- MADISON PLAINS LSD 4904 MAD CO.
- Township
- Paint
OfficeContract Info
- MLS Entry Date
- 2026-03-20
General Property Info
- Number of Units
- 3
- # of Buildings
- 2
- Total Parking
- 2
- Off Street Parking Spaces
- 2
- Building Sqft
- 2955
- Year Built
- 1920
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Lot Size (Side)
- 87
- Acreage
- 0.12
Tax Info
- Parcel #
- 14-00102.000
- Zoning
- R-1 Residential
- Mult Parcels/Sch Dis
- Yes
- Addl Parcel Numbers
- 14-00103.000
- Assessment
- NONE KNOWN
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 1610
- Tax Incentive
- No
Status Change Info
- Under Contract Date
- 2026-03-23
- Sold Date
- 2026-04-03
- Sold Price/SqFt
- 54.11
2 Bedroom
- 2 Bedroom # of Units
- 2
- 2 Bedroom Month Rent Per Unit
- 800
More Information
Other
- Other # of Units
- Yes
- Other Month Rent Per Unit
- 550
Financials
- Financials ForYearOf
- 2025
- Gross Rental Income
- 25800
Expenses
- R.E. Taxes
- 1609.54
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 54.11
- City (Mailing Addr)
- London
- Corp LimitPerAuditor
- None
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Income-producing investment opportunity featuring three tenant-occupied units generating $2,150 per month ($25,800 annually). The property includes a duplex w/two units situated on one parcel, both sharing water and septic, along with a third unit located on a separate parcel. Owned & maintained for over 30 years, w/updates including roof, electrical panels, plumbing, and regularly service septic system. Sale includes two parcels. Property is being sold As-Is. Ideal opportunity for investors seeking immediate cash flow.
Income/Expenses
- Gross Income
- 2150
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
- Vinyl Siding
- Yes
Heat Fuel
- Electric
- Yes
Parking Features
- 2 Off Street
- Yes
- No Garage
- Yes
Water Source
- Private
- Yes
- Well
- Yes
Sewer
- Private Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- W/D Hookups
- Yes
Tenant Pays
- Trash Collection
- Yes
- Electricity
- Yes
Alternate Uses
- Commercial
- Yes
- Residential
- Yes
Heating
- Hot Water
- Yes
New Financing
- Conventional
- Yes
- FHA
- Yes
- Other
- Yes
Air Conditioning
- None
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Off Street; No Garage
Owner Pays:
Sewer; Water
Tenant Pays:
Electricity; Trash Collection
Heat Fuel:
Electric
Heating:
Hot Water
Air Conditioning:
None
Construction:
Brick; Vinyl Siding
Water Source:
Private; Well
Sewer:
Private Sewer
Services Available:
Electricity Available; Sewer Available; Water Available
Miscellaneous:
W/D Hookups
Alternate Uses:
Commercial; Residential
New Financing:
Conventional; FHA; Other
MLS Primary PhotoSrc:
Realtor Provided
Documents
Investment Portfolio ›
Listing Office:
Coldwell Banker Realty
Listing Agent:
Evalyn M Irwin
Last Updated: April - 03 - 2026
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