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16-Unit Apartment Property
For Sale
$2,900,000

1525 Elmwood Avenue, Columbus, OH 43212

Four separate buildings offer two-bedroom layouts with assigned off-street parking.

Property SizeContact for details
Days on Market9

Property Features for 1525 Elmwood Avenue

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 16 x 2BR/1BA
Multifamily Units 16

Taxes and HOA fees

Annual Taxes $8,660

Building Details

Year Built 1962
Buildings 4
Listing Agency: BHHS American Realty Center
Listed By: Paul D Martin
Source: Vutech-ruff
Added: Sep 13 Changed: Sep 18 Last Checked: Sep 21 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 BHHS American Realty Center

Investment Insights

Based on property information with market context.

This apartment property includes four buildings totaling 16 units, with each building situated on its own parcel. The units are configured with two bedrooms, one bathroom, a kitchen, and a living room, along with a laundry area near the kitchen. Additional interior features include hardwood flooring and a large walk-in closet connected to the living room.

Located on Elmwood Avenue in Columbus, the property provides assigned off-street parking plus additional street parking. No permit is required for street parking, and residents are responsible for all utilities. The buildings were constructed in 1962.

Key Highlights

  • Four apartment buildings with 16 total units
  • Each building has its own parcel number
  • All units feature 2 bedrooms and 1 bathroom

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store HVAC Service Electronics & Wireless 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.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,466
Businesses Nearby

Demographics for 43212, OH

24,171
Population
13,506
Households
1.8
Avg Household Size
30
Median Age
78%
College-Educated
98%
High-School Grad
3.7 sq mi
ZIP Area
6,533
Density / Sq Mi
$74,952
Median Household Income
$59,037
Median Earnings
$1,382
Median Rent
$514,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Four separate buildings offer two-bedroom layouts with assigned off-street parking.
Where is this apartment building located?
The property is located at 1525 Elmwood Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Four apartment buildings with 16 total units; Each building has its own parcel number; All units feature 2 bedrooms and 1 bathroom
More about this property
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