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$121,000
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Property Description
Updated 4 bedroom, 2 full bath condo within walking distance to Ohio University & downtown Athens. This turn-key investment property is ideal for any OU student or family as well as for any astute investor looking for an easy income stream and high return on their investment. Located in the University Commons Property Owners Assoc, the development offers several amenities for its residents. Just a few include: a shuttle that runs to/from OU operated by the POA. A resident-only on-site workout facility. The unit also comes with 4 annual parking passes, access to the community pool, professional on-site property management, professionally landscaped courtyards to enjoy, security, and quarterly dues even cover things like snow removal, trash services, and water. The unit itself is set up as a quad apartment. Four generously sized bedrooms are in the corners with matching full baths between them. The living room and kitchen are open concept. Not only do they come with all your normal appliances, but also a stacked washer and dryer that's in the kitchen. Adjacent to the main unit is also a large private secured storage area that provides the owner or residents plenty of room for storage of extra furniture, bikes, etc. Market rent is typically charged on a per bedroom basis. Each bedroom could fetch approximately $625 - $650 per month. Currently occupied through May, the seller has purposely held off on leasing for the Fall '26 - Spring '27 school year should a buyer wish to place their own tenants at this time. Why pay rent when you can collect income instead? Come see this solid residence for yourself. You will not be disappointed.
Full Property Details
Full Property Details for 15 S Shafer St #1306
General
- Sold For: $121,000
- HOA FEE: $522/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,578 (2024)
- Status: Closed
- Type: Condo
- Source: 505
- MLS ID: 5182817
- Added to Site: 83 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan
- Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Association, Community
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Courtyard, Lighting
- Porch/Patio/Deck: Covered, Balcony
Parking
- Parking Features: Additional Parking, Asphalt, Common
Location
- County: Athens
- Township: Athens
- Subdivision: University Commons Condos Ph I
- Driving Directions: Unit is located close to the entrance to the development off W. Main St. Park as soon as you enter off that entrance. The building is perpendicular to the parking drive and faces East. Unit is located on the third floor at the corner nearest the parking lot.
- Direction Faces: North
School Information
- Elem School District: Athens CSD - 502
- Midd School District: Athens CSD - 502
- High School District: Athens CSD - 502
Community
- Association: Yes
- Assoc. Name: University Commons POA
- Assoc. Fees Include: Association Management, Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Reserve Fund, Roof, Snow Removal, Security, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Architectural Style: Conventional, Multiplex
- Construction: Asphalt, Vinyl Siding, Wood Siding
- Roof: Asphalt
- Entry Floor Number: 3
- Stories/Levels: 1
- Square Feet: 1,040
- Living Area: 1,040 Sq. Ft.
- Finished Above Grnd: 1,040 Sq. Ft.
- Year Built: 1994
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0125
- Lot Size: .0125
- Lot Size Source: Assessor
- Street Lights: Yes
- Lot Features: Close to Clubhouse, Landscaped, Near Public Transit
Financial Considerations
- Association Fee: $1,565
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,578
- Tax Year: 2024
Disclosures and Reports
- Legal Description: UNIVERSITY COMMONS UNIT 1306 N-18 A
- Disclosures/Rstr.: Owner Is Listing Agent, HOA Disclosure
- Property ID: A02-72801013-06
Listed by NextHome GO30 Realty, C. Matthew Heikkinen
Sold by Non-Member, Non-Member Non-Member
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Price & Sales History for 15 S Shafer St #1306
Date
Details
Price
Change
Source
3/27/2026
Sold
$121,000
5.22%
MLS
1/21/2026
Listed
$115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 S Shafer Street #1306, Athens, OH 45701 (MLS# 5182817) is a Condo property that was sold at $121,000 on March 27, 2026. Want to learn more about 15 S Shafer Street #1306? Do you have questions about finding other Condo real estate for sale in Athens? You can browse all Athens real estate or contact a Coldwell Banker agent to request more information.

