$295,000

71 W Washington St Athens, OH 45701

Estimated payment $1,991/month

7 Beds
5 Baths
2,265 Sq Ft
$130 Price per Sq Ft

Highlights

  • Deck
  • Central Air
  • Carpet

About This Home

SOLID investment offering! 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.

Last Listed By

Bob Prebe

Uptown Realty Group LLC Brokerage Phone: (740) 590-4882 License #BRKP.2014002421 Listed on: 06/06/2025

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
  • Quadruplex
  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Kitchen

  • Gas Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Athens Csd Middle School

Utilities

  • Central Air
  • Furnace
  • Heating System Mounted To A Wall or Window
  • Natural Gas Water Heater
  • Community Sewer or Septic
  • Internet Available
  • Cable TV Available

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number A027310005500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,114

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Additional Assessor Parcel Numbers: A027310005500
  • Property Style: 4+ Units
  • Property Sub Type: Investment Property (Rental)
  • Prop. Type: Multi Family
  • Property Type: Multi-Family Units
  • OFFICELIST_STATE: OH
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Water Heater- Nat. Gas, Oven/Range- Gas
  • Total Bathrooms: 5
  • Lower Floor 1 Bedrooms: 7
  • Interior Amenities: Countertops- Laminate, Flooring- Carpet, Flooring- Laminate, Windows- Single Pane
  • Living Sq Ft: 2265

Exterior Features

  • Exterior Construction: Concrete Block, Siding-Vinyl
  • Exterior Features: Gutters & Downspouts, Deck(s)
  • Foundation: Concrete Block
  • Roof Type: Architectural Shingle

Utilities

  • Cooling: Central Air HP
  • Heating: Furnace-Gas, Wall Heater
  • Utilities: TV-Cable, Water: City/Public, Natural Gas, Sewer: Municipal, Garbage Collection, Internet-Cable, Power: AEP

Condo/Co-op/Association

  • Units In Building: 5

Schools

  • Junior High: Athens CSD

Lot Info

  • Lot Size: 0.16
  • Zoning: Residential: R-3

Tax Info

  • Estimated Annual Taxes: 5114

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 For Sale $295,000 -- $130 / Sq Ft
Source: Athens County Board of REALTORS®

Source: Athens County Board of REALTORS®

MLS Number: 2433553

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.

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Bob Prebe
Listing Agent
Bob Prebe
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Uptown Realty Group LLC
(740) 675-6846