Victorian Village Four-Unit Multifamily
217 W Hubbard Avenue, Columbus, OH 43215
- Added:
- Mar 16, 2026
- Days on Market:
- 56
- Last Refresh:
- May 10 at 7:06 am
Property Features for 217 W Hubbard Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2
- Parking
- 4
- Standard status
- Active
- APN
- 010-023595
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8955
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 4
Listing agent Elisa M Lowe (614) 316-2310
Listing office Keller Williams Consultants 5400 Frantz Road, Suite #100, Dublin, OH (614) 932-2000
Listing date Mar 16, 2026
MLS# 226007726
Listing URL
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Income Potential: Approximately $79,080 current rental income with potential to exceed $92,000.
- Attractive Cap Rate: Estimated 8% cap rate with pro‑forma potential near 10%.
- Prime Location: One block from Goodale Park and approximately 5 blocks to the Short North Arts District.
- ADU/5th Unit Potential: Opportunity to add a fifth unit above rear parking, subject to approvals.
- CMHA Voucher Support: Three units utilize CMHA vouchers, ensuring consistent income.
- Features four off‑street parking spaces and on‑site coin‑operated laundry.
Overview
This brick four-unit property is located one block from Goodale Park and approximately 5 blocks from the Short North Arts District. The property generates approximately $79,080 in current rental income with potential to exceed $92,000, offering an estimated 8% cap rate with pro-forma potential near 10% through rental optimization. Three units utilize CMHA vouchers, with one-bedroom payment standards in this ZIP code of approximately $1,969. The property features four off-street parking spaces and on-site coin-operated laundry for additional income. Current rents are $1,800, $1,645, $1,500, and one unit is available for immediate lease-up, conservatively projected around $1,645. The rear parking offers additional value-add potential, as similar properties have added garage structures with residential units above, creating a potential fifth unit and additional income, subject to zoning and city approvals. The property is situated on a 0.11-acre lot. It is also ideal for an owner-occupant or first-time investor to leverage low down payment financing and strong rental income to offset housing costs while beginning a real estate portfolio. The property is located in Columbus, OH, 43215.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -83.009767
- Latitude
- 39.978121
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property near Goodale Park with income and ADU potential.
Where is this quadplex located?
The property is located at 217 W Hubbard Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $734,900.
What are key features of this property?
This property features: High Income Potential: Approximately $79,080 current rental income with potential to exceed $92,000.; Attractive Cap Rate: Estimated 8% cap rate with pro‑forma potential near 10%.; Prime Location: One block from Goodale Park and approximately 5 blocks to the Short North Arts District.
