595 E Broad St Columbus, OH 43215
Discovery District NeighborhoodEstimated payment $18,787/month
About This Home
This fully renovated multifamily asset offers turnkey stability with modernized units that
support premium rents, strong leasing velocity, and minimal near-term capital needs. This
asset is unique in that it's historically proven to support multiple business plans to include
short term, mid-term and conventional revenue models. A 12-year tax abatement
enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout
the hold period. For qualified purchasers, Seller is offering carryback financing with flexible terms, creating
a more efficient capital structure and lowering the required equity at closing. This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor
capital improvement plans, further supports stability of location and long-term growth
projection. Curb offers only
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,586
Year Built
- Built in 1915
Lot Details
- 9,583 Sq Ft Lot
Home Design
- 15,780 Sq Ft Home
Parking
- 18 Parking Spaces
- Common or Shared Parking
Listing and Financial Details
- Assessor Parcel Number 010-000121
Community Details
Overview
- 18 Units
- Mid-Rise Condominium
Building Details
- Operating Expense $173,475
- Gross Income $321,713
- Net Operating Income $148,238
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,586 | $983,430 | $134,050 | $849,380 |
| 2024 | $13,586 | $983,430 | $134,050 | $849,380 |
| 2023 | $13,002 | $983,430 | $134,050 | $849,380 |
| 2022 | $29,588 | $387,910 | $73,750 | $314,160 |
| 2021 | $8,749 | $109,450 | $73,750 | $35,700 |
| 2020 | $8,399 | $104,760 | $73,750 | $31,010 |
| 2019 | $10,917 | $122,510 | $67,030 | $55,480 |
| 2018 | $12,638 | $122,510 | $67,030 | $55,480 |
| 2017 | $10,931 | $122,510 | $67,030 | $55,480 |
| 2016 | $11,744 | $166,300 | $67,070 | $99,230 |
| 2015 | $13,434 | $166,260 | $67,030 | $99,230 |
| 2014 | $13,428 | $166,260 | $67,030 | $99,230 |
| 2013 | $6,774 | $158,865 | $59,640 | $99,225 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $3,400,000 | +15.3% | $215 / Sq Ft | |
| 04/26/2022 04/26/22 | Sold | $2,950,000 | +1.7% | $201 / Sq Ft | View Prior Sale |
| 01/28/2022 01/28/22 | For Sale | $2,900,000 | -- | $197 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226004639
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Ask me questions while you tour the home.