1309 -1319 Fair Avenue, Columbus, OH 43205 (MLS # 225020194)

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PRICE $2,499,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 20,038 sqft

Introducing a stabilized 20-unit multifamily asset located in desirable Franklin Park. Two ten-unit buildings on two parcels, featuring a unit mix of 8 spacious two bedroom units and 12 efficient one-bedroom units. The property has undergone recent upgrades which include exterior painting, landscaping, renovated kitchens and bathrooms, refreshed parking lot, new commercial entry doors and an inviting pergola that enhances curb appeal and resident satisfaction. This asset offers fully occupied cash flow, with huge upside for value add with strong tenant demand. With rents positioned well below market, this rare opportunity to acquire a turn key building with both in place income and a value add upside. Ideal for investors seeking immediate returns with long-term growth potential in a rapidly appreciating market. Please DO NOT disturb tenants. Tours can be coordinated upon receipt of acceptable LOI

DAYS ON MARKET 2 LAST UPDATED 6/5/2025
TRACT FRANKLIN PARK YEAR BUILT 1959
COUNTY Franklin STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR CONDITIONING Yes
CONSTRUCTION Brick
HEAT Forced Air
LOT 0.46 acre(s)
SEWER Public Sewer
SUBDIVISION FRANKLIN PARK
TAXES 20939
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Mainstream Realty Pros, Aaron J McDaniel
Listing information is deemed reliable, but not guaranteed.

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