For Sale
House for sale at 138 N Madison Rd, London, OH 43140 | MLS# 226021686 | Listing updated on 2026-10-14
Photo 1 of House for sale at 138 N Madison Rd, London, OH 43140 | MLS# 226021686 | Listing updated on 2026-10-14
Photo 2 of House for sale at 138 N Madison Rd, London, OH 43140 | MLS# 226021686 | Listing updated on 2026-10-14
Photo 3 of House for sale at 138 N Madison Rd, London, OH 43140 | MLS# 226021686 | Listing updated on 2026-10-14
Photo 4 of House for sale at 138 N Madison Rd, London, OH 43140 | MLS# 226021686 | Listing updated on 2026-10-14
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$1,026,666

Monthly Est:$5,110

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

138 N Madison Rd, London, OH 43140

$5,110/moEst:

Get Pre-Approved

  • Duplex

  • Built in 1930

  • $-- HOA

  • 8,712 sqft lot

  • --/sqft

Description

This London Ohio investment portfolio consists of 8 properties totaling 12 units and is a subset of a larger Central Ohio Investment Portfolio available for purchase, as smaller package.

138 N Madison - London
25 W Lincoln - London
701 E Paint - Washington CH
1005 Broadway - Washington CH
631 Rawling - Washington CH
40 South St - London
42 South St - London
27 Fent St - Jeffersonville

The full portfolio is 118 units assembled across 31 individual residential and mixed-use properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022 under three operating entities
Ohio State Property Investors, USA Investment Group, and The Woodlands LLC.

Please see the attached file that breaks down the offering in tranches.

A few important parameters:

1. Highlighted tranches must be purchased as a package. The seller's preference is for these packages to also include some of the unhighlighted assets.

2. Unhighlighted assets may be purchased individually at the pricing shown in the attached summary.

3. Buyers are responsible for sourcing their own debt quotes and determining the best execution if separating assets from the portfolio.

Whether you're pursuing the full portfolio, a tranche, or select individual assets, the underlying story holds: below-replacement-cost basis at $62,486/unit and direct Columbus MSA spillover demand across Madison and Fayette Counties.

This tranche structure opens the door for buyers who wanted exposure at a smaller check size -- and we expect it to accelerate activity on the portfolio. If you've been evaluating this deal, now is the time to move. We will promptly present all offers received.

***Note: Individual Pricing Available. Can be broken up. Details found in Tranche Pricing document attached.***

  • Houzeo last checked: 7 minutes ago
  • Listing updated: October 14, 2026 at 12:20 pm
  • Listing Provided by: Brett A Ludwig (614) 515-2995 | Verti Commercial Real Estate L (380) 215-6046
  • Source: Columbus and Central Ohio Regional MLS-OH | MLS#: 226021686 Columbus and Central Ohio Regional MLS-OH

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Madison County

  • City

    London

  • Neighborhood

    --

  • Year Built

    1930

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    8,712 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Columbus and Central Ohio Regional MLS

  • MLS Number

    226021686

  • MLS Status

    Active

  • Days on Market

    148

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Price History

DateEventPrice

06/13/2026

Source: mls_logoColumbus and Central Ohio Regional MLS-OH #226021686

Price Decreased

$1,026,666 -11.11%

$0/sqft

06/13/2026

Source: mls_logoColumbus and Central Ohio Regional MLS-OH #226021686

Listed for Sale

$1,155,000

$0/sqft

Nearby Homes

Based on information from the Columbus Association of REALTORS (alternatively, from Multiple Listing Service of the Columbus Association of Realtors, Inc.) through Nov 09, 2026, 03:15AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of property information; such should be independently verified. Columbus Association of REALTORS expressly disclaims any liability in connection therewith. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Copyright Columbus Association of REALTORS. All rights reserved.

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