$2,425,000

Multi Family In Columbus

  • Updated: Today
  • Source:
    Columbus and Central Ohio Regional MLS  MLS#226038790

About the Property

Fully occupied, 12-unit brick walk-up with 11 detached garage bays in Olde Towne East, minutes from Downtown Columbus. It has undergone significant renovation since 2018, the three-story building offers eleven 2 bed / 2 bath apartments and one 3 bed / 1 bath, with hardwood floors, exposed brick, ceiling fans, and white-cabinet kitchens with stone countertops. Select units add an enclosed sunroom.
Fully occupied, 12-unit brick walk-up with 11 detached garage bays in Olde Towne East, minutes from Downtown Columbus. It has undergone significant renovation since 2018, the three-story building offers eleven 2 bed / 2 bath apartments and one 3 bed / 1 bath, with hardwood floors, exposed brick, ceiling fans, and white-cabinet kitchens with stone countertops. Select units add an enclosed sunroom.

The property is 100% occupied. In-place rents average $1,870 with a gross monthly income of $22,915. Only 3 of the 11 garage bays are currently leased, which adds a further income opportunity at $150 per bay.

With substantial capital improvements, strong in-place cash flow, and additional upside through garage leasing, this property presents an attractive opportunity for investors seeking a stabilized multifamily asset in one of Columbus’ most desirable urban neighborhoods.
…
  • Property type

    Other

  • Year built

    1900

Features

Explore the Area

700-710 Franklin Avenue, Columbus, Ohio, United States View on Google Maps
Price per sqft
Low
High

View 385 more listings in Columbus

Forge Real Estate Advisors - Columbus

Joined 2 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Forge Real Estate Advisors - Columbus
Ohio, United States
View agency profile
3
Listings
2026
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Forge Real Estate Advisors - Columbus
Columbus, Ohio, United States
View agency profile
Last updated
Today
First listed
October 13
Listing reference
226038790
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference 226038790, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with