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Renovated 19-Unit Apartment Building
For Sale
$1,675,000

524 Clarendon Ave, Columbus, OH 43223

Five-building property with townhome-style residences, tenant-paid utilities, off-street parking, and updated interiors.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market30

Property Features for 524 Clarendon Ave

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Multi-Family

Units

Unit Mix 19 x 2BR/1BA
Multifamily Units 19

Additional Details

Average Monthly Rent $1,014
Utilities to Site Yes

Amenities

laundry hookup
air conditioning

Building Details

Year Built 1973
Buildings 5
Listing Agency: Red 1 Realty
Listed By: Bradley Clarizio · License #2018002068
Source: Dreamcolumbus
Added: Aug 4 Changed: Aug 31 Last Checked: Sep 1 at 9:30PM

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 Red 1 Realty

Investment Insights

Based on property information with market context.

This apartment property contains 19 townhome-style residences arranged across five buildings on approximately 1 acre. Each unit offers two bedrooms, one bathroom, a laundry hookup, and air conditioning. Interior improvements include luxury vinyl plank flooring, granite countertops, updated plumbing and lighting fixtures, fresh paint, and new appliances. Utilities are paid directly by tenants.

The property also includes off-street parking, vinyl siding, and replacement windows. All five buildings received new roofs in 2024. Originally built in 1973, the community is located at 524 Clarendon Avenue in Central Columbus’s westside.

Key Highlights

  • 19 units across 5 buildings on approximately 1 acre
  • Townhome‑style layouts with 2 bedrooms and 1 bathroom per unit
  • New roofs installed on all 5 buildings in 2024

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 43223, OH

27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
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 - Five-building property with townhome-style residences, tenant-paid utilities, off-street parking, and updated interiors.
Where is this apartment building located?
The property is located at 524 Clarendon Ave Columbus, OH.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 19 units across 5 buildings on approximately 1 acre; Townhome‑style layouts with 2 bedrooms and 1 bathroom per unit; New roofs installed on all 5 buildings in 2024
More about this property
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