Alley-Access Infill Multifamily
For Sale
$400,000
1280 Indianola Ave, Columbus, OH 43201
Infill lot with alley access and a demolition candidate structure for small multifamily redevelopment planning.
Property SizeContact for details
Lot Size0.23 Acres
Days on Market91
Property Features for 1280 Indianola Ave
General Information
Standard status
Active
Lot size
0.23 Acres
Property subtype
Land
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$544
Listing Agency:
Keller Williams Consultants
(614) 738-0325
Listed By:
Oliver Chapman · License #2013004396
(614) 738-0325
Source:
Exprealty
Added: May 11
Changed: Aug 8
Last Checked: Jun 30 at 8:21PM
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 Keller Williams Consultants
Investment Insights
Based on property information with market context.
This infill development site totals approximately 0.23 acres with frontage shown as roughly 70' x 144'. The property includes alley access and an existing structure that is presented as a candidate for demolition, creating a clean slate for redevelopment. An attached survey is provided to help define the buildable envelope and support site layout planning.
Situated in Columbus’ Weinland Park area near the University District, the location is described as being just minutes from Ohio State, the Short North, and Downtown Columbus. The site is positioned within a designated Opportunity Zone, and the remarks also reference potential qualification for a 15-year tax abatement for qualified development. The seller notes preliminary zoning and planning review indicating a path for a multifamily project in the 5–7 unit range through the variance process, with conceptual work suggesting possible additional density depending on design, parking, and entitlement approach.
For developers and investors seeking small to mid-scale multifamily redevelopment on an infill parcel with alley access, this site offers a straightforward framework for planning. The mix of single-family and multifamily uses in the surrounding residential corridor aligns with a multifamily vision, while proximity to major employment centers and public transit is highlighted in the marketing materials.
Situated in Columbus’ Weinland Park area near the University District, the location is described as being just minutes from Ohio State, the Short North, and Downtown Columbus. The site is positioned within a designated Opportunity Zone, and the remarks also reference potential qualification for a 15-year tax abatement for qualified development. The seller notes preliminary zoning and planning review indicating a path for a multifamily project in the 5–7 unit range through the variance process, with conceptual work suggesting possible additional density depending on design, parking, and entitlement approach.
For developers and investors seeking small to mid-scale multifamily redevelopment on an infill parcel with alley access, this site offers a straightforward framework for planning. The mix of single-family and multifamily uses in the surrounding residential corridor aligns with a multifamily vision, while proximity to major employment centers and public transit is highlighted in the marketing materials.
Key Highlights
- 0.23‑acre infill development site (70' x 144') in Weinland Park with alley access
- Candidate for demolition to support a clean‑slate multifamily redevelopment approach
- Within a designated Opportunity Zone offering potential tax advantages for qualified investors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 43201, OH
37,528
Population
17,484
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
12,106
Density / Sq Mi
$43,451
Median Household Income
$21,792
Median Earnings
$1,299
Median Rent
$438,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Infill lot with alley access and a demolition candidate structure for small multifamily redevelopment planning.
Where is this residential land & home lot located?
The property is located at 1280 Indianola Ave Columbus, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 0.23‑acre infill development site (70' x 144') in Weinland Park with alley access; Candidate for demolition to support a clean‑slate multifamily redevelopment approach; Within a designated Opportunity Zone offering potential tax advantages for qualified investors
