Entitled Multi-Family Development
For Sale
$499,900
308 Carpenter Street Columbus, Columbus, OH 43205
Approved plans and entitlements are in place for an 8-unit multifamily residence with off-street parking.
Property Size7,077 SF
Price / SF$70.64
Days on Market46
Property Features for 308 Carpenter Street Columbus
General Information
Standard status
Active
Size
7,077 SF
Total Parking Spaces
9
Property subtype
Land
Additional Details
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$1,431
Amenities
No
0.19
Listing Agency:
(614) 660-5959
Listed By:
Joe Herban
(614) 660-5959
Source:
Movenowohio
Added: Jul 7
Changed: Aug 8
Last Checked: Aug 8 at 8:02AM
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 Joe Herban
Investment Insights
Based on property information with market context.
This offering is development land with zoning entitlements approved and complete architectural plans already prepared for “The Winchester,” an 8-unit multifamily residence. The approved design calls for a total building size of 7,077 square feet, providing 6,118 square feet of rentable living space. Unit mix is set as (3) two-bedroom units and (5) one-bedroom units, and the plans include 9 off-street parking spaces to support resident parking needs.
The property is located at 308 Carpenter Street in Columbus, OH 43205, in the Olde Towne East neighborhood, described in the offering materials as a historic community minutes from Downtown Columbus. The seller’s materials characterize the site as positioned for an “almost turnkey” development path given the approvals and plan set already on hand.
For developers, this is a practical site to advance an 8-unit multifamily project using an existing, approved plan package rather than starting from the entitlement and design stage. The confirmed unit count, unit mix, and parking included in the approved plans can help streamline underwriting and early project planning for buyers seeking a ready-to-proceed multifamily development scenario.
The property is located at 308 Carpenter Street in Columbus, OH 43205, in the Olde Towne East neighborhood, described in the offering materials as a historic community minutes from Downtown Columbus. The seller’s materials characterize the site as positioned for an “almost turnkey” development path given the approvals and plan set already on hand.
For developers, this is a practical site to advance an 8-unit multifamily project using an existing, approved plan package rather than starting from the entitlement and design stage. The confirmed unit count, unit mix, and parking included in the approved plans can help streamline underwriting and early project planning for buyers seeking a ready-to-proceed multifamily development scenario.
Key Highlights
- Approved plans and zoning entitlements for The Winchester, an 8‑unit multifamily residence
- Total building size of 7,077 SF and 6,118 SF rentable living space
- Unit mix includes 3 two‑bedroom units and 5 one‑bedroom units
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,608
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved plans and entitlements are in place for an 8-unit multifamily residence with off-street parking.
Where is this residential land & home lot located?
The property is located at 308 Carpenter Street Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Approved plans and zoning entitlements for The Winchester, an 8‑unit multifamily residence; Total building size of 7,077 SF and 6,118 SF rentable living space; Unit mix includes 3 two‑bedroom units and 5 one‑bedroom units
