1501 Oakland Park Ave Columbus, OH 43224
Well-maintained 8-unit building with strong rents in prime location.
Property size:
6,240 SFProperty Features for 1501 Oakland Park Ave
General Information
- Size
- 6,240 SF
Building Details
- Year built
- 1966
Source:
Naiglobal
Listing Agent: Bastian Gehrer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
North Linden Multifamily Investment Property
This is an 8-unit multifamily investment property located in the North Linden neighborhood. The well-maintained brick building features 2-bedroom, 1-bathroom units. Tenants are responsible for all utilities, as each unit is separately metered. The property includes on-site parking. Recent capital improvements have been made. The property is situated on Oakland Park Avenue in the rapidly developing North Linden neighborhood, benefiting from rental demand, access to public transit, and proximity to employment hubs. It is less than 15 minutes from Downtown Columbus and within easy reach of the new Intel development corridor. Nearby amenities include the Linden Community Center, local eateries, and parks. The property has a low expense load and is self-managed. There are strong in-place rents with room to increase to market value. The location is close to I-71, Downtown Columbus, and OSU. The property offers value-add potential through light unit improvements. The property size is 6240 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9731402
- Latitude
- 40.0315811
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FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit building with strong rents in prime location.
Where is this apartment building located?
The property is located at 1501 Oakland Park Ave Columbus, OH.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: - Strong in-place rents in rapidly developing North Linden location.; - Tenants pay all utilities, separately metered, minimizing ownership expenses.; - Well-maintained brick building with recent capital improvements, ensuring low maintenance.