Search
12-Unit Apartment Community

309 Martha Avenue, Columbus, OH 43223

For Sale
$600,000

Multi-Family, Columbus, OH

Property SizeContact for details
Lot Size0.72 Acres
Days on Market39

Property Features for 309 Martha Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description AR4
Bedrooms 24
Rooms Bedroom 9, Bedroom 10, Bedroom 19, Bedroom 22, Bedroom 21, Bedroom 6, Bedroom 15, Bedroom 12, Bedroom 7, Bedroom 16, Bedroom 8, Bedroom 11, Bedroom 23, Bedroom 2, Bedroom 1, Bedroom 24, Bedroom 13, Bedroom 4, Bedroom 5, Bedroom 17, Bedroom 14, Bedroom 3, Bedroom 20, Bedroom 18
Parking 18
Elementary school district COLUMBUS CSD 2503 FRA CO.
Middle school district COLUMBUS CSD 2503 FRA CO.
High school district COLUMBUS CSD 2503 FRA CO.
Standard status Active
APN 010-087754
Lot size 0.72 Acres

Additional Details

Tenant in Place Yes

Utilities

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

Amenities

gated community
wheelchair accessible

Building Details

Year built 1959
Number of units 12
Buildings 3
Listing Agency: Keller Williams Capital Ptnrs · Keller Williams Realty
Listed By: Jeffrey G Jonas · License #2014004917
Added: Oct 2 Changed: Nov 8 Last Checked: Nov 9 at 4:06AM
MLS# 226037548

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 12 apartments are arranged across three buildings, with four flats and a common entry in each. Every unit has two bedrooms and one bathroom. Ground-floor apartments are fully wheelchair accessible. The property was built in 1959 and underwent a complete interior rehabilitation in 2017, including replacement of the roof, furnaces, water heaters, appliances, doors, and windows, along with updated kitchens and bathrooms. Forced-air heat and central air conditioning serve the buildings. The property comprises 0.72 acres and is offered as a package with 299 and 321 Martha.

Key Highlights

  • 12 apartments, each with 2 bedrooms and 1 bathroom
  • Three buildings, each containing 4 flats with a common entry
  • Complete rehabilitation in 2017 included the roof, furnaces, water heaters, appliances, doors, windows, kitchens, and bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby

Demographics for 43223, OH

27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Columbus, OH

$133 Jul
$305 Aug
$298 Sep
$281 Oct

Properties on Market for Apartment buildings in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three four-unit buildings share common entries, with wheelchair-accessible apartments on the ground floors.
Where is this apartment building located?
The property is located at 309 Martha Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 12 apartments, each with 2 bedrooms and 1 bathroom; Three buildings, each containing 4 flats with a common entry; Complete rehabilitation in 2017 included the roof, furnaces, water heaters, appliances, doors, windows, kitchens, and bathrooms
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved