1038 Lockbourne Rd Columbus, OH 43206

Listing agency LPT Realty i***@21mike.com Show Phone

Listed by Mike Ferrante · License #2008004067

Source Crexi

Added: Apr 24 Updated: Jul 21 at 4:49PM Checked: Jul 21 at 4:49PM

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Investment Insights

Based on property information with market context.

This four-unit apartment building features two bed/one bath units and off-street parking available for each unit. Two units are currently occupied, and two units are being updated. The units are described as spacious, at approximately 1,210 square feet each, with total above-grade space of about 4,838 square feet.

The property is conveniently located near I-70 and downtown. Utilities are separately metered for gas and electric. The seller reports total rents of $6,198 (with the statement that this reflects a fully occupied scenario) and an approximately 9% cap rate.

Key Highlights

• Four‑unit apartment building near I‑70 and downtown
• 2 bed/1 bath units, about 1,210 SF each; total above‑grade SF is 4,838
• Off‑street parking available for each unit

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FAQs

What type of property is this?

Quadplex - Four-unit apartment building with off-street parking and separately metered gas and electric; two units occupied.

Where is this quadplex located?

The property is located at 1038 Lockbourne Rd Columbus, OH.

What are key features of this property?

This property features: Four‑unit apartment building near I‑70 and downtown; 2 bed/1 bath units, about 1,210 SF each; total above‑grade SF is 4,838; Off‑street parking available for each unit