$2,299,900
$2M PRICE INCREASE

Estimated payment $14,170/month

Total Views 291
-- Bed
-- Bath
9,920 Sq Ft
$232 Price per Sq Ft

Highlights

  • Popular Property
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

Exceptional Turnkey 10-Unit Investment Portfolio - Tax Abated Until 2038! Welcome to a rare investment opportunity featuring ten fully occupied 2-bedroom, 1-bathroom units strategically located near Nationwide Children's Hospital in Downtown Columbus. This professionally updated portfolio spans 792-800 E Mound St and 361-369 S 17th St, offering strong, stable cash flow with minimal maintenance required. This is a prime, low-maintenance portfolio with built-in cash flow and long-term upside. Whether you're a seasoned investor or entering the multifamily space, this asset checks all the boxes.

Listing Agent

Summer Berry

e-Merge Real Estate License #2014000849

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,547

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 9,920 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Common or Shared Parking
  • On-Street Parking

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-020655

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $187,459
  • Gross Income $228,000
  • Net Operating Income $40,541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,547

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2024
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.1
  • Total Gross Income: 228000.0
  • Co List Office Phone: 614-678-5505
  • MLS Status: Active
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 228000.0
  • Annual Expenses: 187459.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 9920.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Security System3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-020655
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 10
  • Net Operating Income: 40540.6
  • Annual Operating Expense: 187459.0

Tax Info

  • Tax Annual Amount: 15547.0

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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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
05/26/2025 05/26/25 Price Changed $2,299,900 +99900.0% $232 / Sq Ft
05/26/2025 05/26/25 For Sale $2,300 0.0% $0 / Sq Ft
12/13/2024 12/13/24 Off Market $2,000 -- --
12/06/2024 12/06/24 Price Changed $2,000 +8.1% $2 / Sq Ft
11/21/2024 11/21/24 For Rent $1,850 -- --
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225018438

Columbus and Central Ohio Regional MLS