$2,800,000

Estimated payment $17,334/month

Total Views 2,135
-- Bed
-- Bath
21,308 Sq Ft
$131 Price per Sq Ft

About This Home

Presenting 1264-1270 S. High Street, a value-add 20-unit apartment complex consisting of 18 residential units and 2 commercial units located in the Merion Village neighborhood of Columbus, Ohio. With over 121 feet of frontage along South High Street and close proximity to Downtown Columbus, the Property presents a substantial value-add opportunity. The Property's two (2) buildings, which are separated by a central courtyard total sixteen (16) 2-bedroom/1-bathroom townhomes, two (2) 2-bedroom/1-bathroom flats and two (2) retail units. Roof recently resealed with a 10-year warranty. With a thoughtful interior value-add strategy, rents could be greatly increased across the board, and the Property may qualify for a 15-year CRA tax abatement. Another possible value-creation scenario could be to convert the units to condominiums. With two (2) bedrooms in each residential unit and an average size of over 1,000 square feet each, significant value could be realized post-conversion. Merion Village is known for being walkable, with its close proximity to local businesses, parks, and public transportation. This would include the Brewery District to the west of High Street, northwest of the Property. With great proximity to Downtown Columbus, Nationwide Children's Hospital, and the shops/restaurants in German Village, this investment is truly a unique opportunity.

Listing Agent

Jon Lorenz

Lim Realty Group License #2023006940

Co-Listing Agent

Joey Parizek

Lim Realty Group License #2022005822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,726

Year Built

  • Built in 1939

Parking

  • On-Street Parking

Home Design

  • 21,308 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot
  • Basement

Community Details

  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 010-017202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,726

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1939
  • Tax Year: 2024
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 10939
  • Co List Office Phone: 614-456-7365
  • Co List Office Phone: 614-456-7365
  • MLS Status: Active
  • Subdivision Name: Merion Village
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 21308.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-017202
  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 20

Tax Info

  • Tax Annual Amount: 21726.0

Map

Range of Values:

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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
04/25/2025 04/25/25 For Sale $2,800,000 -- $131 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225013769

Columbus and Central Ohio Regional MLS