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Two-Address Residential Income Property
For Sale
$575,000
Pending

1693-1695 Watertower Drive Columbus OH 43235, Columbus, OH 43235

For sale multifamily/residential income property at 1693–1695 Watertower Drive.

Property SizeContact for details
Days on Market66

Property Features for 1693-1695 Watertower Drive Columbus OH 43235

General Information

Standard status Pending
Property subtype Multi-Family

Building Details

Year Built 1992
Listing Agency: Panzera Realty
Listed By: Robin Jala Panzera · License #2014005107
Source: Search.reafcorealestate
Added: Jul 3 Changed: Aug 11 Last Checked: Jul 23 at 3:08AM

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 Panzera Realty

Investment Insights

Based on property information with market context.

This for-sale multifamily/residential income property is located at 1693–1695 Watertower Drive in Columbus, Ohio. Offered under other multifamily property type, the asset is presented as a residential income opportunity with two street addresses included in the listing.

The property’s listed configuration supports an investor or owner-operator seeking exposure to a multi-address residential income setup within Columbus. For buyers and brokers evaluating comparable opportunities, the key documented takeaway is the property’s multifamily classification and the inclusion of both 1693 and 1695 Watertower Drive as part of the offering.

Additional details such as unit count, layout, and condition are not provided in the available information. Interested parties should request the full offering package to confirm specifics of the existing improvements and any operating characteristics tied to the addresses included.

Key Highlights

  • Multifamily/residential income property at 1693–1695 Watertower Drive
  • Built in 1992

Property Analytics

Current Use

Multifamily properties

Suggested Use

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

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

225
Businesses Nearby

Demographics for 43235, OH

45,561
Population
20,855
Households
2.2
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
14.2 sq mi
ZIP Area
3,209
Density / Sq Mi
$86,758
Median Household Income
$54,814
Median Earnings
$1,412
Median Rent
$346,500
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 - For sale multifamily/residential income property at 1693–1695 Watertower Drive.
Where is this multifamily property located?
The property is located at 1693-1695 Watertower Drive Columbus OH 43235 Columbus, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Multifamily/residential income property at 1693–1695 Watertower Drive; Built in 1992
More about this property
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