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Walnut Street Apartments is an 11-unit multifamily portfolio comprising two buildings on a single parcel in downtown London, Ohio, 5 N. Walnut Street (8 units) and 67 E. High Street (3 units). The asset is being offered at under $60,000 per door, with a clear path to a 9%+ yield-on-cost within 24 months through rent normalization, RUBS implementation, and the lease-up of one remaining vacant unit. Both buildings received new roofs within the last three years. Seven of eight units at 5 N. Walnut have been renovated, along with Unit C at 67 E. High. New windows have been installed across multiple units. A new hot water tank, basement sump pump, and full Unit B remodel were completed in 2025 (~$16,800). Seller is willing to lease back the vacant 2BR/1BA Unit B at 67 E. High at $900/month for six months at closing, allowing the buyer to stabilize cash flow while turning and re-leasing the unit on their own meline.

⋅ Brett A Ludwig

Walnut Street Apartments is an 11-unit multifamily portfolio comprising two buildings on a single parcel in downtown London, Ohio, 5 N. Walnut Street (8 units) and 67 E. High Street (3 units). The asset is being offered at under $60,000 per door, with a clear path to a 9%+ yield-on-cost within 24 months through rent normalization, RUBS implementation, and the lease-up of one remaining vacant unit. Both buildings received new roofs within the last three years. Seven of eight units at 5 N. Walnut have been renovated, along with Unit C at 67 E. High. New windows have been installed across multiple units. A new hot water tank, basement sump pump, and full Unit B remodel were completed in 2025 (~$16,800). Seller is willing to lease back the vacant 2BR/1BA Unit B at 67 E. High at $900/month for six months at closing, allowing the buyer to stabilize cash flow while turning and re-leasing the unit on their own meline.

67 E High Street, London

Listing Courtesy of : Brett A Ludwig ---- Verti Commercial Real Estate L

Step inside this versatile triplex that's now even more attractive with a fresh $20,000 price reduction! Offering three fully separate units on Main Street in Downtown London. This property is ideal for an investor or owner-occupant looking to generate income. Property offers a significant cash-flowing opportunity. Sellers are motivated to make a deal! Front Roof replaced 2025 (Rear 2015), Upstairs Windows replaced 2025, Water Heater replaced 2022. ACROSS THE STREET FROM COWLING PARK AND ONE BLOCK FROM MADISON COUNTY HOSPITAL

⋅ Nicholas Markley

Step inside this versatile triplex that's now even more attractive with a fresh $20,000 price reduction! Offering three fully separate units on Main Street in Downtown London. This property is ideal for an investor or owner-occupant looking to generate income. Property offers a significant cash-flowing opportunity. Sellers are motivated to make a deal! Front Roof replaced 2025 (Rear 2015), Upstairs Windows replaced 2025, Water Heater replaced 2022. ACROSS THE STREET FROM COWLING PARK AND ONE BLOCK FROM MADISON COUNTY HOSPITAL

155 N Main Street, London

Listing Courtesy of : Nicholas Markley ---- e-Merge Real Estate Results