Paula Leonardi Ducato
Refine Search

1500 Fairview Avenue, Columbus, OH 43212

$900,000
  • 1500 Fairview Avenue, Columbus, OH 43212 Main Photo

17 Total Photos [Click to View All]

Active
BEDS0 BATHS SQUARE FEET3,576 MLS#226003167
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFifth By Northwest SCHOOLCOLUMBUS CITY

Property Description

Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes. 3,576 SF , 4 two bedroom units with a brick 4-car garage. Current rents:??? Three updated units averaging $1,600/month??? One long-term tenant at $800/month??? Tenants pay all utilitiesBased on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1,800 for updated units).Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus' most walkable rental corridors.Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities.Ideal for:??? Investor seeking stable in-place income with upside??? 1031 exchange buyer??? Owner looking to secure long-term asset in Grandview submarket2-year P&L and rent roll available in documents. Financials available upon request.

1500 Fairview Avenue | MLS# 226003167

This multi-family property located at 1500 Fairview Avenue, Columbus, OH 43212 is currently listed for sale with an asking price of $900,000. Fairview Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.theducatoteam.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.20 Acres
Taxes: $10,594
Year Built: 1955

Feature Descriptions

Days on Site: 31
Parcel #: 010-062633
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Local Schools

School District: COLUMBUS CITY

Listed By / Shown By

Listed By

Agency Name: RE/MAX Premier Choice
Agency Phone: 800-759-1112
Agent Name: Matthew T Schirtzinger

agent picture

Shown By

Agent Name: Paula Leonardi Ducato
Agent Phone: Cell: (330) 907-8381
Agency Title: Key Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 6,179.68 per month $5,034.34 Principal & Interest $882.83 Property Tax $262.50 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Get Pre-Approved!

Login to My Homefinder

Pixel