$212,000
$55K PRICE DROP

617 S Gilbert St Ada, OH 45810

Estimated payment $1,240/month

Total Views 2,918
6 Beds
2 Baths
2,468 Sq Ft
$86 Price per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Living Room

About This Home

Welcome to this fully rented investment home near a college campus in Ada Ohio! Great opportunity to start or add to your investment package!
Tenants rights: Please contact a real estate agent for specific offer and showing instructions!
All offers must have acceptable pre qualification and/or proof of funds and be accepted by the seller for any inspections of the property!
This property is sold only with seller's intention to complete a tax-deferred 1031 exchange

Listing Agent

Jennifer Stemen

Superior Plus Realtors License #0000449856 Listed on: 10/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1936

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 590x1500

Parking

  • 6 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250800380000
  • $50 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 590x1500
  • Architectural Style: 2 Story
  • Year Built: 1936
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.2
  • General Property Info:Lot Size Square Feet: 8712.0
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 250800380000
  • Tax Info:Tax Annual Amount: 1539.0
  • Remarks Misc:Private Remarks2: Showings only with accepted option or offer contingent on a walk through inspection. All tenants each pay monthly on a room share type lease. All rooms are rented until end of May 2027. Utilities are in tenants name. Owner responsible for lawncare. Side by side listings to 2 other adjoining properties! Please contact listing agent for rental income! No sign on the property!
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types:Living Room2: Yes
  • General Property Info:Lot Size Dimensions: 590x1500
  • Appliances Dryer: Yes
  • Washers: Yes
  • Tax Info:Tax Other Annual Assessment Amount2: 50.1
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Architectural Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Range, Refrigerator, Washer, Water Heater Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Appliances Range: Yes
  • Appliances:Water Heater Owned: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features:Parking Total2: 6

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Ada

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 250800380000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1539.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $1,539 $38,780 $2,680 $36,100
2023 $1,539 $38,780 $2,680 $36,100
2022 $1,462 $32,190 $2,600 $29,590
2021 $1,607 $32,190 $2,600 $29,590
2020 $1,628 $32,190 $2,600 $29,590
2019 $1,468 $29,320 $2,480 $26,840
2018 $1,437 $29,320 $2,480 $26,840
2017 $1,328 $29,320 $2,480 $26,840
2016 $1,224 $26,810 $2,390 $24,420
2015 $1,171 $26,810 $2,390 $24,420
2014 $621 $26,810 $2,390 $24,420
2013 $1,325 $28,260 $2,390 $25,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Price Changed $212,000 -9.8% $86 / Sq Ft
11/17/2025 11/17/25 Price Changed $235,000 -12.0% $95 / Sq Ft
10/31/2025 10/31/25 For Sale $267,000 -- $108 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $91,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: West Central Association of REALTORS® (OH)

MLS Number: 308716

APN: 25-080038.0000