$950,000
UNDER CONTRACT

1072 Forest St Columbus, OH 43206

Southern Orchards Neighborhood

Estimated payment $5,730/month

Total Views 517
-- Bed
-- Bath
9,072 Sq Ft
$105 Price per Sq Ft

About This Home

Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot.

In-place gross rents: $8,563 for the apartments and $500 for the garage.

4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.

Listing Agent

Matt Von Bargen

Koon Property Group License #2020001797 Listed on: 07/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot

Home Design

  • 9,072 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-047364

Community Details

Overview

  • 9 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $26,000
  • Gross Income $110,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,796

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2024
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.26
  • Total Gross Income: 110000.0
  • Co List Office Phone: 614-461-5610
  • MLS Status: Contingent
  • Income Expenses Gross Income: 110000.0
  • Annual Expenses: 26000.0
  • General Property Info Building Sq Ft: 9072.0
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047364
  • Lot Size Sq Ft: 11325.6

Multi Family

  • Number Of Units Total: 9
  • Net Operating Income: 84000.0
  • Annual Operating Expense: 26000.0

Tax Info

  • Tax Annual Amount: 5796.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 For Sale $950,000 +413.5% $105 / Sq Ft
09/09/2016 09/09/16 Sold $185,000 -5.1% $20 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $194,900 -- $21 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 225027913

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43206 Southern Orchards

1072 Forest St, Columbus, OH

This home is located at 1072 Forest St, Columbus, OH 43206 and is currently priced at $950,000, approximately $104 per square foot. This property was built in 1963. 1072 Forest St is a home located in Franklin County with nearby schools including Livingston Elementary School, South High School, and Capital Collegiate Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Matt Von Bargen
Section Image
Koon Property Group
(380) 220-7813