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    497 E Oakland Ave Columbus, OH 43202

    For Sale
    $515,000

    MULTI_FAMILY - Columbus, OH

    Lot size:
    0.10 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 497 E Oakland Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    010-057525
    Lot size
    0.10 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1969
    Number of units
    4

    REAL Solutions Realty Co, LLC (513) 283-4299 [email protected]

    Listing agent Drey B Thompson (614) 778-6468

    Listing date Oct 21, 2025

    MLS# 225039876 Listing URL

    Copyright © 2025 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.

    Overview

    Fully Occupied Four-Unit Building

    This is a fully occupied four-unit multifamily property. Each unit features two bedrooms and one bathroom. The property includes new fenced-in access, sub-metered units for all utilities including water, new gutters with leaf guards, and off-street parking. Updates have been made throughout the building. The property is located in Columbus, OH 43202, in Franklin County. The lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -82.996307
    Latitude
    40.008696

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with updates and sub-metered utilities.
    Where is this quadplex located?
    The property is located at 497 E Oakland Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Fully occupied 4-unit building, providing immediate rental income.; - Sub-metered units for all utilities including water, simplifying billing and expense management.; - Off-street parking available for tenants.
    (614) 778-6468
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    497 E Oakland Ave Columbus, OH 43202
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