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Multifamily Rehab Property
New
For Sale
$185,000

617 Oakwood Ave, Columbus, OH 43205

Existing residential income property requiring substantial renovation and offered in its current condition.

Property Size3,017 SF
Price / SF$61.32
Days on Market4

Property Features for 617 Oakwood Ave

General Information

Standard status Active
Size 3,017 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence requires considerable work

Building Details

Year Built 1919
Listing Agency: Ashley Todaro, The Brokerage House
Listed By: Rhiannon Ferrari · License #2009003178
Source: Ferrarihomegroup
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 7:37AM

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 Ashley Todaro, The Brokerage House

Investment Insights

Based on property information with market context.

This multifamily property includes an existing home with 3,017 SF of property size and requires considerable renovation. Built in 1919, the asset is being sold in its current condition and may support a renovation or redevelopment plan subject to buyer due diligence.

The property is located near Downtown Columbus, major roadways, neighborhood amenities, and ongoing investment in the surrounding area. Buyers are advised to evaluate the building’s condition, permits, zoning, renovation costs, and intended use before proceeding.

Key Highlights

  • 3,017 SF property size
  • Built in 1919
  • Existing home requires considerable renovation

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Home Appliance Store

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

2,544
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing residential income property requiring substantial renovation and offered in its current condition.
Where is this multifamily property located?
The property is located at 617 Oakwood Ave Columbus, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 3,017 SF property size; Built in 1919; Existing home requires considerable renovation
More about this property
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