NOT LISTED FOR SALE

167 Morris Ave Athens, OH 45701

6 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: July 14, 2023

Last sale price $310,000

90 Days on Market

About This Home

As of July 2023

Rare opportunity to purchase a well-cared for, income-producing, multi-family complex in Athens' near eastside neighborhood. Property includes two 2-bedroom apartments and two 1-bedroom apartments, all fully and consistently rented for over $3300/month. This is no cookie-cutter quadplex: each apartment here boasts its own unique features and layout. Think "gestalt": the whole greater than the sum of its parts. And the "parts" ain't too shabby either, with innumerable updates throughout, both mechanical and aesthetic, plus owner's storage/garage, shared on-site laundry, and more. It's the kind of place you won't feel the need to look away from in embarrassment as you drive by; here's an apartment complex in a desirable neighborhood that you'll feel proud to own, show, and rent. Advance proof of financial ability required prior to showings and buyers advised to check with City Code regarding permitting (permits are current and up-to-date). 48-hour notice to show please. Listing agent must be present for showings.

Last Agent to Sell the Property

Russell Chamberlain

The Athens Real Estate Co., Ltd. License #BRK.2007004228 Listed on: 03/02/2023

Last Buyer's Agent

Russell Chamberlain

The Athens Real Estate Co., Ltd. License #BRK.2007004228 Listed on: 03/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,607

Year Built

  • Built in 1950

Lot Details

  • 6,098

Home Design

  • Quadruplex
  • Asphalt Shingled Roof

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Athens Csd Middle School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heat Pump System

Additional Features

  • Gas Oven or Range
  • 6,098 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number A02-71300020-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,607

Year Built

Built in 1950

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Additional Assessor Parcel Numbers: A02-71300020-00
  • Property Style: 4+ Units
  • Property Sub Type: Investment Property (Rental)
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Units
  • OFFICELIST_STATE: OH
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Washer, Oven/Range- Gas, Dryer
  • Total Bathrooms: 4
  • Lower Floor 1 Bedrooms: 6
  • Interior Amenities: Flooring- Carpet, Flooring- Laminate, Flooring- Linoleum, Flooring- Tile, Flooring- Wood

Exterior Features

  • Exterior Construction: Unknown/Other
  • Roof Type: Asphalt Shingle

Utilities

  • Cooling: Window Unit
  • Heating: Other, Heat Pump-Electric, Floor Furnace-Gas
  • Utilities: Contact Utility Company

Condo/Co-op/Association

  • Units In Building: 4

Schools

  • Junior High: Athens CSD

Lot Info

  • Lot Size: 0.14

Tax Info

  • Estimated Annual Taxes: 6607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jul 14, 2023
Sold by
Robertcat Industries Llc
Bought by
167 Morris Avenue Llc
Seller's Agent
Russell Chamberlain
The Athens Real Estate Co., Ltd.
Buyer's Agent
Russell Chamberlain
The Athens Real Estate Co., Ltd.
List Price
$385,000
Sold Price
$310,000
Premium/Discount to List
-$75,000
-19.48%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$185,135
Interest Rate
6.07%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2017
Sold by
Hanlon Carol and Nogrady Carol
Bought by
Robertcat Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 30, 2008
Sold by
Lavelle John P and Estate Of Pansy E Zinn
Bought by
Nogrady Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
167 Morris Avenue Llc $125 None Listed On Document
Robertcat Industries Llc $280,000 Attorney
Nogrady Carol $161,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 167 Morris Avenue Llc $210,000
Previous Owner Robertcat Industries Llc $240,000
Previous Owner Nogrady Carol $129,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $310,000 -19.5% --
03/02/2023 03/02/23 For Sale $385,000 -- --
Source: Athens County Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,275 $143,280 $25,130 $118,150
2024 $9,193 $143,280 $25,130 $118,150
2023 $8,331 $143,280 $25,130 $118,150
2022 $6,607 $113,350 $25,130 $88,220
2021 $6,598 $113,350 $25,130 $88,220
2020 $6,566 $113,350 $25,130 $88,220
2019 $6,891 $117,920 $20,280 $97,640
2018 $6,784 $117,920 $20,280 $97,640
2017 $10,502 $117,920 $20,280 $97,640
2016 $6,221 $110,760 $20,280 $90,480
2015 $10,172 $110,760 $20,280 $90,480
2014 $10,172 $110,760 $20,280 $90,480
2013 $9,548 $106,800 $15,000 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Athens County Board of REALTORS®

MLS Number: 2429845

APN: A02-71300020-00

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