50 S Main Street, London, OH 43140
New Listing
$799,900
Property Type:
Multi-Family
Lot Size (sq. ft.):
1,742
Status:
Active
Current Price:
$799,900
List Date:
3/13/2026
Last Modified:
3/13/2026
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.
Supplements: ********
More Information MLS# 226007422
Location & Property Info
List Price/SqFt: 229.59
City (Mailing Addr): London
Corp LimitPerAuditor: London
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 0
Built Prior to 1978: Yes
Building Sqft: 3484
Lot Size (Side): 80
Number of Units: 4
Year Built: 1890
Acreage: 0.04
Tax Info
Tax Abatement: No
Taxes (Yrly): 2500
Parcel #: 31-02960.000
Tax Year: 2025
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: 1
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 1150
2 Bedroom
2 Bedroom # of Units: 1
2 Bedroom Month Rent Per Unit: 1300
3 Bedroom
3 Bedroom # of Units: 1
3 Bedroom Month Rent Per Unit: 1550
Heat Fuel
Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Water Available: 1
Miscellaneous
Basement: 1
Tenant Pays
Gas: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 799900
List Price: $799,900
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
Status: Active
MLS Entry Date: 2026-03-12
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 – 13 – 2026
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