210 W High St · Ashley, OH 43003

$210,000

4 bd · 2.0 ba · 2,547 sqft · MultiFamily public records · 100 Days on market

Built 1901 0.33 ac lot $82/sqft · 22% above area Est $172k · 22% over

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.4/30.0
• DSCR +5.8/10.0
• Schools +5.6/10.0
• 1% rule +4.7/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Welcome to this fully rented and turnkey Duplex in the heart of Ashley OH. Both units recently renovated with 2 beds and 1 bath per unit, and ample off street parking make this a solid addition to the new or experienced investor's portfolio. Curb offers only at this time.

Key facts

• Fully rented
• Recently renovated
• Turnkey

Tags

• FULLY RENTED
• TURNKEY
• RECENTLY RENOVATED
• AMPLE OFF STREET PARKING

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1-bath units multifamily listed at $210k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive. Per door: $98/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $203k (3.1% below list).
• Recommended offer: $191k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 68/100 on livability (#570 in OH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Buckeye Valley Local (rural): math 57% / reading 68% proficiency, ranked #203 of 656 in OH (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 20% free/reduced lunch — higher-income household profile.
• Market conditions: 12 active listings in the ZIP; 2,233 units permitted in Delaware County in 2024 (304 in 5+ unit buildings).
• This rent runs 37% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Delaware County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $130k; list at $210k implies a 62% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1901 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $191,100 (9.0% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1901 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.97% ✗
• Cap rate: 7.41%
• Cash-on-cash: 4.00%
• DSCR: 1.18
• GRM: 8.6

CMA / ARV

• ARV (median comp): $171,848
• List price: $210,000
• Delta: 22.20%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.0%
• Equity multiple: 0.63×
• Total profit: $-21,531
• Equity at exit: $31,312

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-2,640
• Equity at exit: $18,157

Cash invested: $58,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43003

• Home prices YoY: -35.0%
• Active inventory: 12
• Price-to-rent: 17.2×

Monthly cashflow live

• Estimated rent: $2,034 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$222 /mo · $2,663/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $196

Break-even live

Break-even rent $1,786

Max offer price $210,000

Occupancy floor 85%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,034
Total (2 units)			$2,034

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-05-31
   days on market $210,000 Active 100 DOM
2. 2026-02-20
   listed $210,000 Active 272-char remark

   Show marketing remark (272 chars)

   Welcome to this fully rented and turnkey Duplex in the heart of Ashley OH. Both units recently renovated with 2 beds and 1 bath per unit, and ample off street parking make this a solid addition to the new or experienced investor's portfolio. Curb offers only at this time.

3. 2022-09-27
   soldstatus $130,000 Closed 460-char remark

   Show marketing remark (460 chars)

   Duplex located in the quaint Village of Ashley. First floor unit has all new plumbing, two bedrooms, full bath, & washer/ dryer hookup. Second floor unit has two bedrooms, full bath, washer/dryer hookup and new furnace. Entire house has blown in insulation, crawl space has been sealed with moisture barrier and foamed. Exterior has house wrap and all new siding. Great opportunity for investment, close to dining and school. * * Tenant rights apply * *

4. 2022-07-27
   historical Contingent Finance and Inspection 460-char remark

   Show marketing remark (460 chars)

   Duplex located in the quaint Village of Ashley. First floor unit has all new plumbing, two bedrooms, full bath, & washer/ dryer hookup. Second floor unit has two bedrooms, full bath, washer/dryer hookup and new furnace. Entire house has blown in insulation, crawl space has been sealed with moisture barrier and foamed. Exterior has house wrap and all new siding. Great opportunity for investment, close to dining and school. * * Tenant rights apply * *

5. 2022-05-04
   listed $155,000 Active 460-char remark

   Show marketing remark (460 chars)

   Duplex located in the quaint Village of Ashley. First floor unit has all new plumbing, two bedrooms, full bath, & washer/ dryer hookup. Second floor unit has two bedrooms, full bath, washer/dryer hookup and new furnace. Entire house has blown in insulation, crawl space has been sealed with moisture barrier and foamed. Exterior has house wrap and all new siding. Great opportunity for investment, close to dining and school. * * Tenant rights apply * *

6. 2021-05-22
   historical
7. 2017-08-31
   historical Contingent Finance and Inspection
8. 2017-08-30
   historical
9. 2017-08-29
   status Active
10. 2017-08-22
    historical Contingent Finance and Inspection
11. 2017-08-09
    listed $100,000 Active
12. 2017-01-26
    historical
13. 2016-09-08
    price $109,900
14. 2016-07-18
    price $114,900
15. 2016-04-29
    listed $118,900 Active
16. 2015-05-20
    historical
17. 2015-05-14
    listed $118,900 Active
18. 2014-11-06
    listed $118,900
19. 2002-12-10
    soldstatus $61,000
20. 1993-09-22
    soldstatus $34,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,663 · $222/mo
• Projected year-2 tax: $2,970 · $247/mo
• Expected delta: +$306/yr (+$26/mo · 11.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥100°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,408
• − Mortgage interest: −$11,763
• − Property taxes: −$2,663
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,953
• − Management: −$1,953
• − Depreciation: −$6,109
• Taxable loss: −$1,083
• Est. tax savings @ 24.0%: +$260
• After-tax cash flow: $2,614/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Buckeye Valley Local
• NCES district ID: 3904675
• Math proficiency: 57% ▼ -15.00%
• Reading proficiency: 68% ▼ -6.00%
• Median HH income: $76,222
• Composite: 55.61/100
• National rank: #1232
• State rank: #203 of 656 in OH

Livability — Ashley

• Score: 68/100
• State rank: #570
• US rank: #9743

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B- Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ashley, OH
• County: Delaware · 221,676 people
• Metro: Columbus, OH
• Population (ZIP): 3,376
• Household income: $66,643
• Rent vs Own: 23.1% rent · 76.9% own
• Severe rent burden: 6.6

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 230,854 people
• By 2030: 249,294 · +8.0%
• By 2040: 284,223 · +23.1%
• By 2050: 315,314 · +36.6%
• By 2075: 379,462 · +64.4%
• By 2100: 403,158 · +74.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Black 1%
• Common ancestry: Romanian 5% Lithuanian 2% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Delaware

• 2024 margin: Lean R (+6.6) · D 46.2% · R 52.8%
• 2008→2024 swing: +13.0pp toward D · 2008: -19.6pp · 2024: -6.6pp
• All cycles: 2024: R+6.6 2020: R+6.8 2016: R+16.1 2012: R+23.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -117.08%
• Current HPI: 217.9115
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+517.6% since first listed

19 events — show timeline

• 2026-02-20 Listed $210,000 CBRMLS
• 2022-09-27 Sold (MLS) $130,000 CBRMLS
• 2022-07-27 Contingent — CBRMLS
• 2022-05-04 Listed $155,000 CBRMLS
• 2021-05-22 Listing Removed — CBRMLS
• 2017-08-31 Contingent — CBRMLS
• 2017-08-30 Listing Removed — CBRMLS
• 2017-08-29 Relisted — CBRMLS
• 2017-08-22 Contingent — CBRMLS
• 2017-08-09 Listed $100,000 CBRMLS
• 2017-01-26 Listing Removed — CBRMLS
• 2016-09-08 Price Changed $109,900 CBRMLS
• 2016-07-18 Price Changed $114,900 CBRMLS
• 2016-04-29 Listed $118,900 CBRMLS
• 2015-05-20 Listing Removed — CBRMLS
• 2015-05-14 Listed $118,900 CBRMLS
• 2014-11-06 Listed $118,900 CBRMLS
• 2002-12-10 Sold (Public Records) $61,000 Public Records
• 1993-09-22 Sold (Public Records) $34,000 Public Records

Property tax history

+5.0%/yr

Latest (2025): $2,663 · +3.2% YoY. Source: county tax records.