$1,375,000
$75K PRICE DROP

Estimated payment $8,843/month

Total Views 21,171
-- Bed
-- Bath
4,872 Sq Ft
$282 Price per Sq Ft

About This Home

UNIQUE INVESTMENT OPPORTUNITY!! The current owner has invested a large amount of capital to get this property into tip-top shape to maximize income potential. Each of these 13 studio apartments is rented out on a short term basis. Since recently adding professional management (which may be retained by the new owner), occupancy rates and income have greatly increased. Each fully furnished unit features living/eating/sleeping space, a kitchenette and full bath. There is also an on-site laundry unit, as well as communal outdoor spaces. Conveniently located near downtown Columbus, Nationwide Children's Hospital, restaurants, shopping, parks and more. Don't miss out on this one!!

Listing Agent

Rich Russo

Rich Russo Realty & Co. License #0700427811 Listed on: 11/06/2025

Co-Listing Agent

Jennifer Krohn

Rich Russo Realty & Co. License #2005007340

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,149

Year Built

  • Built in 1954

Lot Details

  • 0.3 Acre Lot

Parking

  • On-Street Parking

Home Design

  • 4,872 Sq Ft Home

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 010-066861

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,149

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2024
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: 11055
  • Co List Office Phone: 614-937-8699
  • Co List Office Phone: 614-937-8699
  • MLS Status: Active
  • General Property Info Building Sq Ft: 4872.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-066861
  • Lot Size Sq Ft: 13068.0

Multi Family

  • Number Of Units Total: 13

Tax Info

  • Tax Annual Amount: 19149.0

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 List to Sale Price per Sq Ft
08/26/2025 08/26/25 Price Changed $1,375,000 -5.2% $282 / Sq Ft
06/06/2025 06/06/25 For Sale $1,450,000 -- $298 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

About the Listing Agent

Rich Russo

Rich Russo Realty & Co.

(380) 324-4810

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Rich is the active managing broker of Rich Russo Realty & Co which was established in 2020. Licensed for almost 30 years, and boasting a degree in Finance, Rich brings an exorbitant amount of experience and a special skill set to the real estate industry. He prides himself on not only finding and negotiating the best deals for his clients, but also assisting them after the sale by connecting them with other service professionals, as well as offering full-service, in-house property management.

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  • 238 S Richardson Ave, Columbus, OH 43204

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  • 10726 Columbus Ave, Thornville, OH 43076

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 225020403

Columbus and Central Ohio Regional MLS