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Multifamily Income Property
For Sale
$459,000

516-518 S Champion Avenue Columbus OH 43205, Columbus, OH 43205

For-sale multifamily residential income property at 516-518 S Champion Avenue.

Property SizeContact for details
Days on Market64

Property Features for 516-518 S Champion Avenue Columbus OH 43205

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1913
Listing Agency: Listwithfreedom.Com
Listed By: Charles D Medalie · License #2020001410
Source: Search.reafcorealestate
Added: Jun 29 Changed: Aug 24 Last Checked: Aug 30 at 1:33PM

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 Listwithfreedom.Com

Investment Insights

Based on property information with market context.

This for-sale multifamily residential income property is offered under Other multifamily properties and residential income property classifications. The asset is presented as a multifamily holding, providing a structure designed for income-producing residential use. Interested parties should review the property’s specific unit mix, condition, and any associated improvements during due diligence.

The property is located at 516-518 S Champion Avenue, Columbus, OH 43205. Prospective buyers will want to confirm access details, parking arrangements, and site specifics as part of their review. The offering is positioned as a straightforward residential income opportunity within the Columbus market.

From a tenant and operator standpoint, multifamily assets can support a range of residential leasing strategies, subject to the property’s existing configuration and any applicable requirements. For buyers, this is an opportunity to acquire a residential income property and evaluate its cash-flow characteristics, leasing history, and operating costs through formal financial and physical inspections. As with any multifamily purchase, confirm all documentation and underwriting assumptions before proceeding.

Key Highlights

  • Multifamily residential income property at 516‑518 S Champion Avenue
  • Built in 1913

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Locksmith Electrical Service Plumbing Service

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - For-sale multifamily residential income property at 516-518 S Champion Avenue.
Where is this multifamily property located?
The property is located at 516-518 S Champion Avenue Columbus OH 43205 Columbus, OH.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Multifamily residential income property at 516‑518 S Champion Avenue; Built in 1913
More about this property
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