6900-6928 Gemstar Road, Reynoldsburg, OH 43068 (MLS # 226002293)

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PRICE $1,595,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 33,977 sqft

Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations. Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen. The townhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market. Curb offers only. Please do not disturb tenants.

DAYS ON MARKET 12 LAST UPDATED 1/23/2026
TRACT Independence Village YEAR BUILT 1987
COUNTY Franklin STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BASEMENT Yes
CONSTRUCTION Block, Frame, Vinyl Siding
GARAGE Yes
HEAT Forced Air, Natural Gas
LOT 0.78 acre(s)
PARKING Common
SEWER Public Sewer
SUBDIVISION Independence Village
TAXES 11549
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Howard Hanna Real Estate Svcs, Benjamin Thomas Hemmert
Listing information is deemed reliable, but not guaranteed.

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