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$2,800,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Fifth By Northwest
MLS Listing ID 226034072
Year Built 1950
Annual Tax Amount $37,433
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
Presenting a well-positioned portfolio of six two-story duplexes comprising of 12 residential units, and two vacant lots, located between West 5th Ave and King Ave. Five duplexes feature two-bedroom, one-bathroom townhouse units with full basements. The sixth duplex includes two one-bedroom, one-bathroom units, and a shared basement. Addresses include: 1589-91, 1595-97, 1603-05, 1611-13, 1617, 1621-23, 1625-27 Ashland. Market rents: $1500-$1800/mo. Located just minutes from The Ohio State University, the properties provide convenient highway access. Proximity to Grandview Heights and Upper Arlington places residents near an extensive selection of walkable dining, retail, entertainment, and lifestyle amenities, positioning the portfolio within one of Columbus' most desirable rental markets. With strong value-add potential in a supply-constrained submarket, this offering presents a rare opportunity for investors to expand their holdings and achieve meaningful scale with proven appreciation. Financial information, a detailed rent roll, and interior photographs are available upon execution of a confidentiality agreement. Photos are of the vacant units at 1603, 1621 & 1623.
Location
State OH
County Franklin
Community Fifth By Northwest
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-062309
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Listed by Matthew T Schirtzinger RE/MAX Premier Choice
Nearby Locations
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