Property profile

3349 E Broad St Columbus, OH 43213

FOR SALE
Residential income homes
Property ID
US66-1791303
12,738 SF
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Property summary

AI-generated overview

This exceptional value-add investment opportunity presents a portfolio of five properties totaling 12,738 square feet in Columbus, Ohio. The portfolio comprises fourteen units, including a mix of one- and two-bedroom apartments and single-family homes, spread across five buildings. Three multifamily buildings contain twelve units, strategically located on East Broad Street (ten units) and Lockbourne Avenue (a duplex). Two additional single-family homes are situated on Abney Road. The portfolio is currently 41.6% occupied, presenting a significant opportunity for a new owner to increase occupancy and property value through renovations and lease-up. The asking price is $1,300,000, translating to $102.06 per square foot. This is a receivership portfolio, and the properties are being sold as a package only

Property profile

Verified
Property type Residential income homes
Total area 12,738 SF
UPID US66-1791303

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3349 E Broad St Columbus, OH 43213
Columbus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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