Victorian Village Four-Unit Multifamily Property

217 W Hubbard Avenue Columbus, OH 43215

Claim this Listing
For Sale
$734,900

MULTI_FAMILY - Columbus, OH

Lot size:
0.11 Acres
Added:
Mar 16, 2026
Days on Market:
120
Last Refresh:
Jul 13 at 12:06 pm

Property Features for 217 W Hubbard Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Parking
4
Standard status
Active
APN
010-023595
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8955

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
4

Listing agent Elisa M Lowe License #2017003008

Listing office Keller Williams Consultants 5400 Frantz Road, Suite #100, Dublin, OH

Listing date Mar 16, 2026

MLS# 226007726 Listing URL

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This brick four-unit property is located one block from Goodale Park and approximately 5 blocks from the Short North Arts District. The property generates approximately $79,080 in current rental income with potential to exceed $92,000, offering an estimated 8% cap rate with pro-forma potential near 10% through rental optimization. Three units utilize CMHA vouchers, with one-bedroom payment standards in this ZIP code of approximately $1,969. The property features four off-street parking spaces and on-site coin-operated laundry for additional income. Current rents are $1,800, $1,645, $1,500, and one unit is available for immediate lease-up, conservatively projected around $1,645. The rear parking offers additional value-add potential, as similar properties have added garage structures with residential units above, creating a potential fifth unit and additional income, subject to zoning and city approvals. The property is situated on a 0.11-acre lot. It is also ideal for an owner-occupant or first-time investor to leverage low down payment financing and strong rental income to offset housing costs while beginning a real estate portfolio. The property is located in Columbus, OH, 43215.

Key Highlights

  • Brick Victorian Village 4‑unit near Goodale Park (about 1 block) and the Short North Arts District (about 5 blocks)
  • Generates approximately $79,080 in current rental income; pro‑forma income mentioned around $92,000+ with an estimated 8% cap rate
  • Three units use CMHA vouchers; payment standard referenced around $1,969 for 1‑bedroom units in this ZIP code

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Kitchen & Bath Showroom Electrical Service Plumbing Service Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit property near Goodale Park with income and ADU potential.
Where is this quadplex located?
The property is located at 217 W Hubbard Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $734,900.
What are key features of this property?
This property features: Brick Victorian Village 4‑unit near Goodale Park (about 1 block) and the Short North Arts District (about 5 blocks); Generates approximately $79,080 in current rental income; pro‑forma income mentioned around $92,000+ with an estimated 8% cap rate; Three units use CMHA vouchers; payment standard referenced around $1,969 for 1‑bedroom units in this ZIP code
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