Multifamily & Investment Property Auctions in Central Ohio
Will Evans sells multifamily, rental, and investment property at auction across Delaware, Marion, Union, Morrow, Knox, Franklin, and surrounding counties, occupied or vacant, as-is, on a date you choose. Whether it's a duplex, a rental portfolio you're ready to exit, or a property that's stalled on the MLS, auction puts competing buyers in front of it instead of asking one buyer to accept your number.
Sell As-Is, Tenants and All
No repairs, no unit turnover, no waiting on a lease to end. Buyers bid on the property exactly as it sits: occupied or vacant, with rent rolls and condition disclosed up front.
A Date You Choose
Auction day is set before marketing begins. Closing follows on a fixed schedule, typically 30–45 days, no open-ended listing period while a tired landlord keeps managing it.
No Contingencies
The winning bidder signs the purchase agreement and deposits earnest money the same day, no financing, inspection, or appraisal contingency to fall through.
Ready to see what your rental or investment property could bring at auction?
How Multifamily & Investment Property Is Valued
A per-door average or a countywide cap rate doesn't know what your rent roll actually looks like or what deferred maintenance is waiting behind the walls. A proper valuation looks at how the property performs today and what comparable income property has actually brought in today's current market, not a spreadsheet estimate.
- Current rent roll and lease terms: in-place rents, lease expirations, and tenant quality
- Net operating income and cap rate: how the property actually performs, not just its list price
- Unit mix and condition: bed/bath count per unit, common areas, and deferred maintenance
- Comparable auction and MLS sales: recent income-property results nearby
- Upside potential: below-market units, vacancy to fill, or value-add renovation opportunity
Every property is compared against recent, real auction and MLS results for similar income property in the same area, not a countywide cap-rate average or an automated estimate.
You Don't Have to Manage It Through the Sale
Burned-out landlords, problem tenants, and rental portfolios that no longer fit the plan are some of the best candidates for auction, not the hardest properties to move.
A traditional listing on a rental property usually means coordinating showings around tenants, waiting on a lease to end, or renegotiating after a buyer's inspection turns up deferred maintenance. Auction sells the property exactly as it sits, occupied or vacant. Bidders review the rent roll, leases, and condition up front, and the winning bid already accounts for whatever the property needs, no repair credits, no second round of negotiating after you thought you had a deal. Multiple properties can be sold individually, in combination, or as a whole portfolio, whichever brings the highest total. See the full auction process →.
What Your Investment Property Auction Includes
- Professional photography and video, unit-by-unit where it helps the listing
- Property signage at the road
- Listing on the Auction Ohio Real Estate platform and the MLS
- Scheduled showings coordinated around existing tenants
- Targeted marketing to investor and 1031-exchange buyer networks
- Direct mail and email marketing to the registered bidder database
- Full disclosure and document package: rent roll, leases, and financials, prepared in advance
- Coordination across multiple properties for portfolio sellers
You pay no commission and no marketing fees: commission is collected as a buyer's premium added to the winning bid. Standard closing costs still apply, the same as any investment property sale in Ohio.
Recent Multifamily & Investment Results
Dedicated multifamily and income-property auctions are a growing part of Will's business. As sales close, real results (rent roll, cap rate, and sale price) will be added here.
Browse the full results archive, including commercial and mixed-use investment properties, while dedicated multifamily results are added.