$3,400,000

Estimated payment $18,787/month

-- Bed
-- Bath
15,780 Sq Ft
$215 Price per Sq Ft

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

Listing Agent

Brett Ludwig

Verti Commercial Real Estate L License #2016004572 Listed on: 02/18/2026

Co-Listing Agent

Matthew Drane

Verti Commercial Real Estate L License #2020000914

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,586

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2024
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.22
  • Total Gross Income: 321713.0
  • Co List Office Mls Id: c1615
  • Co List Office Phone: 380-215-6046
  • Co List Office Phone: 380-215-6046
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 215.46
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 15780.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 18.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-000121
  • Lot Size Sq Ft: 9583.2

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 18
  • Net Operating Income: 148238.0
  • Annual Operating Expense: 173475.0

Tax Info

  • Tax Annual Amount: 13586.0

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 $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
Source: Public Records

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

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226004639

Columbus and Central Ohio Regional MLS
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