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New Multifamily Property in Columbus
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Pending

1204 Oak St, Columbus, OH 43205

Newly-constructed multifamily property in revitalized Olde Towne East neighborhood.

Property Size7,578 SF
Days on Market725

Property Features for 1204 Oak St

General Information

Standard status Pending
Size 7,578 SF
Class A
Property subtype Multifamily

Building Details

Year Built 2023
Stories 2
Units 10
Listing Agency: Anchor Retail
Listed By: Arthur Kaplan · License #OH SAL.2014001626
Source: Crexi
Added: Sep 11, 2024 Changed: Aug 8 Last Checked: Jul 24 at 3:06PM

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 Anchor Retail

Investment Insights

Based on property information with market context.

This newly-constructed multifamily property, completed in 2023, is located in the revitalized Olde Towne East neighborhood near Downtown Columbus. The property features ten walk-up units. Each unit includes high-end kitchens, in-unit laundry, and modern finishes. Residents have access to public transportation and are near major highways, shops, restaurants, and cultural attractions. The surrounding area is undergoing significant redevelopment, which is driving property values and attracting new tenants. Nearby parks and green spaces provide a desirable living environment. The property size is 7578 square feet.

Key Highlights

  • Newly constructed in 2023, offering modern construction and appeal.
  • Ten (10) prime units with tax abatement.
  • Located in the revitalized Olde Towne East neighborhood near Downtown Columbus.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply HVAC Service Furniture & Home Goods Kitchen & Bath Showroom 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.

Location Intelligence

Trade Area within ½ mile

1,423
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 - Newly-constructed multifamily property in revitalized Olde Towne East neighborhood.
Where is this apartment building located?
The property is located at 1204 Oak St Columbus, OH.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Newly constructed in 2023, offering modern construction and appeal.; Ten (10) prime units with tax abatement.; Located in the revitalized Olde Towne East neighborhood near Downtown Columbus.
(646) 494-4658 Call to check price and availability
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