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Pickerington Multifamily Investment Opportunity
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140-163 Raine Street, Pickerington, OH 43147

Twelve duplexes near schools, shopping, and recreation in Pickerington, Ohio.

Property SizeContact for details
Days on Market119

Property Features for 140-163 Raine Street

General Information

Standard status Active
Property subtype Multifamily
Zoning PR-12
Listing Agency: NAI Ohio Equities, LLC
Listed By: Chad Boggs · License #2023003870
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 8 at 7:07AM

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 NAI Ohio Equities, LLC

Investment Insights

Based on property information with market context.

Located at 140-163 Raine Street in Pickerington, Ohio, this property features twelve duplexes that can be subdivided into as few as four duplexes. The location offers convenient access to nearby schools, including Heritage Elementary, Pickerington Ridgeview Junior High, and Pickerington High School Central. Residents also benefit from the proximity to shopping and dining options such as Pickerington Village, Giant Eagle Supermarket, and The Shoppes at Turnberry. Additional amenities in the area include the Pickerington Public Library and Sycamore Creek Park.

Key Highlights

  • Convenient location ideal for living.
  • Close proximity to Heritage Elementary, Pickerington Ridgeview Junior High, and Pickerington High School Central.
  • Easy access to Pickerington Village, Giant Eagle Supermarket, and The Shoppes at Turnberry.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Law Firm Parking Lot & Garage Big Box & Wholesale 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

369
Businesses Nearby

Demographics for 43147, OH

45,281
Population
16,267
Households
2.8
Avg Household Size
38
Median Age
50%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,514
Density / Sq Mi
$125,472
Median Household Income
$61,595
Median Earnings
$1,596
Median Rent
$315,600
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?
Duplex - Twelve duplexes near schools, shopping, and recreation in Pickerington, Ohio.
Where is this duplex located?
The property is located at 140-163 Raine Street Pickerington, OH.
What are key features of this property?
This property features: Convenient location ideal for living.; Close proximity to Heritage Elementary, Pickerington Ridgeview Junior High, and Pickerington High School Central.; Easy access to Pickerington Village, Giant Eagle Supermarket, and The Shoppes at Turnberry.
(614) 629-5261 Call to check price and availability
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