$400,000

3244 E 5th Ave Columbus, OH 43219

Estimated payment $2,412/month

-- Bed
-- Bath
2,484 Sq Ft
$161 Price per Sq Ft

About This Home

Turnkey 3-unit apartment building positioned directly near the transformational $2 billion John Glenn Columbus International Airport expansion and redevelopment project! This high-growth location places the property in the path of continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side. The asset features long-term tenants with an excellent payment history, providing immediate and reliable cash flow for investors seeking a stable multifamily property with future upside potential. With minimal deferred maintenance and 2,484 finished square feet consisting of one 1bed/1ba ($832), one 2bed/1ba (Occupied), and one 3bed/1ba ($1325). This is a strong turnkey addition to any portfolio. Beyond its current performance as a long-term rental, the property is exceptionally well positioned for future mid-term or short-term rental use due to its close proximity to the airport, downtown Columbus, and major employment hubs. The surrounding airport expansion is expected to drive continued demand from traveling professionals, airline personnel, contractors, and visitors seeking convenient accommodations near one of the region's largest infrastructure investments. 3244 E Fifth Ave offers investors the rare combination of in-place income, strategic location, and long-term growth potential in one of Columbus' rapidly evolving corridors.

Listing Agent

David Spurlock

Red 1 Realty License #2022005415 Listed on: 05/12/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 1920

Home Design

  • 2,484 Sq Ft Home
  • Mixed Use
  • Frame Construction
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 6,098 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-066638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,329

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2024
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Co List Office Phone: 614-585-9020
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 161.03
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 2484.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Bed & Breakfast, Residential, Rooming House

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info Off Street Parking Spaces: 6.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-066638
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3329.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,045 $72,560 $9,170 $63,390
2024 $5,045 $72,560 $9,170 $63,390
2023 $3,434 $72,560 $9,170 $63,390
2022 $1,299 $24,440 $2,350 $22,090
2021 $1,923 $24,440 $2,350 $22,090
2020 $1,303 $24,440 $2,350 $22,090
2019 $1,382 $22,230 $2,140 $20,090
2018 $1,305 $22,230 $2,140 $20,090
2017 $1,372 $22,230 $2,140 $20,090
2016 $1,363 $20,060 $2,310 $17,750
2015 $1,229 $20,060 $2,310 $17,750
2014 $1,232 $20,060 $2,310 $17,750
2013 $765 $23,590 $2,730 $20,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2026 05/12/26 For Sale $400,000 -11.1% $161 / Sq Ft
03/28/2022 03/28/22 Sold $450,000 +13.9% $181 / Sq Ft View Prior Sale
03/28/2022 03/28/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $395,000 +618.2% $159 / Sq Ft
03/06/2015 03/06/15 Sold $55,000 -8.2% $22 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $59,900 -- $24 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 First Ohio Title
Warranty Deed $450,000 First Ohio Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Listed On Document
Warranty Deed $55,000 Quality Choice Title Box
Deed -- --
Deed $9,000 --
Deed $16,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $54,003 FHA
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226016519

Columbus and Central Ohio Regional MLS

APN: 010-066638

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