Fully Occupied Two-Bed
For Sale
$1,050,000
Pending
1017-1025 Folkestone Road, Columbus, OH 43220
Eight occupied 2-bedroom, 1-bath flats with recently installed brand-new roofs to help reduce near-term capital needs.
Property SizeContact for details
Days on Market129
Property Features for 1017-1025 Folkestone Road
General Information
Standard status
Pending
Property subtype
Apartment
Occupancy
100%
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$12,014
Building Details
Year Built
1966
Listing Agency:
Forge Real Estate Advisors
(330) 600-1044
Listed By:
Daryl Allen Miller · License #2021000671
(330) 600-1044
Source:
Rollsrealty
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 22 at 7:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forge Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering consists of eight fully occupied 2-bedroom, 1-bath flats providing in-place rental income. The buildings have been kept in good condition with consistent upkeep, and tenant retention appears strong based on the stated occupancy and stability.
Recent improvements include brand-new roofs, which can help minimize immediate capital expenditures. The property is listed for sale.
For buyers seeking a multifamily investment with current occupancy, this asset provides a straightforward unit mix and an income stream already in place, with the roof work completed on the buildings recently.
Recent improvements include brand-new roofs, which can help minimize immediate capital expenditures. The property is listed for sale.
For buyers seeking a multifamily investment with current occupancy, this asset provides a straightforward unit mix and an income stream already in place, with the roof work completed on the buildings recently.
Key Highlights
- Eight fully occupied 2‑bed/1‑bath flats providing in‑place rental income
- Average rent of $963
- Brand‑new roofs recently installed to help reduce near‑term capital expenditures
Property Analytics
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 43220, OH
27,736
Population
14,157
Households
2
Avg Household Size
37
Median Age
63%
College-Educated
96%
High-School Grad
6.6 sq mi
ZIP Area
4,202
Density / Sq Mi
$77,090
Median Household Income
$49,863
Median Earnings
$1,202
Median Rent
$463,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight occupied 2-bedroom, 1-bath flats with recently installed brand-new roofs to help reduce near-term capital needs.
Where is this apartment building located?
The property is located at 1017-1025 Folkestone Road Columbus, OH.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Eight fully occupied 2‑bed/1‑bath flats providing in‑place rental income; Average rent of $963; Brand‑new roofs recently installed to help reduce near‑term capital expenditures
