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8-Unit Apartment Building Requiring Renovation
For Sale
$50,000

1169 East Mound Street, Columbus, OH 43205

Eight residential units near downtown Columbus require substantial rehabilitation following roof-related water intrusion.

Property SizeContact for details
Days on Market51

Property Features for 1169 East Mound Street

General Information

Standard status Active
Property subtype Multi-Unit (5+)

Property Condition

Severity Major Repairs Needed
Evidence building will likely require full renovation

Additional Details

Multifamily Units 8

Amenities

Lot Size Acres: 0.1
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Auction, Online Only Auction, Auction URL: https://bids.gryphonusa.com/auctions/47645/lot/7778345-1169-east-mound-street-columbus-oh-43205, Auction Start Time: 2026-07-17 16:30:00, Auction End Time: 2026-07-29 17:00:00
Built in 1900
Neighborhood Name: Near East Side

Building Details

Year Built 1900
Buildings 1
Listing Agency: GryphonUSA.com
Listed By: Richard Kruse
Source: Doyle-realty
Added: Jul 17 Changed: Sep 2 Last Checked: Aug 31 at 3:57PM

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 GryphonUSA.com

Investment Insights

Based on property information with market context.

Located at 1169 East Mound Street in Columbus, Ohio, this apartment building contains eight residential units and dates to 1900. The property requires extensive rehabilitation, with reported mold associated with a roof leak. Some basement units have ceilings below 8 feet, adding a specific consideration for future planning and renovation work.

The building is in the 43205 ZIP code near downtown Columbus and is being offered in as-is condition. Interior entry is available by appointment, and the property is currently in receivership. Any sale remains subject to court confirmation.

Key Highlights

  • 8 residential units in an apartment building constructed in 1900
  • Significant mold reported from a roof leak
  • Full renovation likely required

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,608
Businesses Nearby

Demographics for 43205, OH

12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight residential units near downtown Columbus require substantial rehabilitation following roof-related water intrusion.
Where is this apartment building located?
The property is located at 1169 East Mound Street Columbus, OH.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 8 residential units in an apartment building constructed in 1900; Significant mold reported from a roof leak; Full renovation likely required
More about this property
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