1501 Oakland Park Ave Columbus, OH 43224
Well-maintained 8-unit apartment building with strong rental income in Columbus.
Property size:
6,240 SFProperty Features for 1501 Oakland Park Ave
General Information
- Size
- 6,240 SF
Building Details
- Year built
- 1966
Source:
Ohioequities
Listing Agent: Bastian Gehrer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
North Linden Multifamily Investment Opportunity
This 8-unit multifamily investment property is located in the North Linden neighborhood. The brick building features 2-bedroom, 1-bathroom units, with tenants responsible for all utilities due to separate metering, which minimizes ownership expenses. On-site parking is available. Recent capital improvements have been made to the property. The property is situated along Oakland Park Avenue in a rapidly developing area, benefiting from strong rental demand and access to public transit. Its location offers proximity to major employment hubs, being 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 building is well-maintained and self-managed, with strong in-place rents and room to increase to market value. The property offers value-add potential through light unit improvements.
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 apartment building with strong rental income in Columbus.
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 a rapidly developing North Linden location.; - Excellent access to public transit and major employment hubs.; - Tenants pay all utilities, which are separately metered, minimizing ownership expenses.