$295,000

71 W Washington St Athens, OH 45701

Estimated payment $2,055/month

Total Views 17,745
-- Bed
-- Bath
2,265 Sq Ft
$130 Price per Sq Ft

About This Home

Attention Investors! No matter how you approach the valuation of this property, you arrive to the same conclusion: You can purchase this below-market property right now, invest a little capital, market immediately (and there are tons of anxious, prospective renters in the market right now) and profit! This five unit multi-family dwelling has four single units and one three occupant unit. Let me walk you through the valuation... estimate a conservative gross potential income of $42,000, subtract operating expenses, property tax and insurance premium and you end up with a net operating income of over $25,000. After applying locally appropriate cap rate, the valuation you end up with is 25% higher than this list price! This is an opportunity for a seasoned investor to add to their portfolio or for a newer investor to start. This property is currently vacant, but has an active rental permit with Athens Code Enforcement for a total occupancy of seven.

Listing Agent

Melissa Prebe

Uptown Realty Group License #2019004039 Listed on: 07/16/2025

Co-Listing Agent

Bob Prebe

Uptown Realty Group License #2014002421

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,114

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 2,265 Sq Ft Home
  • Vinyl Siding

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Oil

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number A02-73100055-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,114

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2024
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: 11176
  • Co List Office Phone: 740-590-4882
  • Co List Office Phone: 740-590-4882
  • MLS Status: Active
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2265.0
  • Construction Block3: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: ATHENS CSD 502 ATH CO.

Lot Info

  • Parcel Number: A02-73100055-00
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No
  • Zoning Description: Residential R-3

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 5114.0

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $295,000 -- $130 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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See All Homes in Athens

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225026206

Columbus and Central Ohio Regional MLS

Ohio Athens County Athens 45701

71 W Washington St, Athens, OH

This home is located at 71 W Washington St, Athens, OH 45701 and is currently priced at $295,000, approximately $130 per square foot. This property was built in 1900. 71 W Washington St is a home located in Athens County with nearby schools including West Elementary School, Athens Middle School, and Athens High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Melissa Prebe
Section Image
Uptown Realty Group
(740) 675-6846