$760,000
SOLD JUN 27, 2025
-- Bed
-- Bath
5,328 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

10% Below List Price

38 Days on Market

About This Home

As of June 2025

6-Unit Apartment Building Near OSU Campus - Fully Occupied Investment Opportunity

Located just minutes from the Ohio State University campus, this well-maintained 6-unit apartment building offers a rare chance to acquire a high-performing asset in a prime rental market. Each unit features two bedrooms with well-designed layouts, in-unit washer and dryer, and full kitchen appliance packages—making them highly attractive to tenants.

The building is 100% occupied with stable, long-term tenants. Residents cover all utilities except trash, providing consistent operating efficiency and reduced landlord responsibilities. A valuable tax abatement is currently in place, and there is notable potential to enhance returns through future rent adjustments. Curb Offers please.

Last Agent to Sell the Property

Allison Brown

Coldwell Banker Realty License #2015004377 Listed on: 05/01/2025

Coldwell Banker Realty

Last Buyer's Agent

Lee Ritchie

RE/MAX Partners License #2010001340

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1910

Home Design

  • 5,328 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking: 6

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-052185

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $28,951
  • Gross Income $74,514
  • Net Operating Income $45,563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,531

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2024
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 74513.54
  • Co List Office Phone: 614-759-0808
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 74513.54
  • Annual Expenses: 28950.63
  • General Property Info Building Sq Ft: 5328.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 6.0
  • General Property Info Off Street Parking Spaces2: 6.0
  • Parking Features Common: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-052185
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 45562.91
  • Annual Operating Expense: 28950.63

Tax Info

  • Tax Annual Amount: 2531.0

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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 Change Sq Ft Price
07/06/2025 07/06/25 Price Changed $975 -22.0% $2 / Sq Ft
07/01/2025 07/01/25 Price Changed $1,250 -3.8% $2 / Sq Ft
07/01/2025 07/01/25 For Rent $1,300 0.0% --
06/27/2025 06/27/25 Sold $760,000 -9.3% $143 / Sq Ft
06/08/2025 06/08/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $838,000 -1.2% $157 / Sq Ft
05/01/2025 05/01/25 For Sale $848,000 -- $159 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 225014784

Columbus and Central Ohio Regional MLS