Search
12-Unit Apartment Property
New
For Sale
$600,000

321 Martha Avenue, Columbus, OH 43223

Multi-Family, Columbus, OH

Property SizeContact for details
Lot Size0.72 Acres
Days on Market2

Property Features for 321 Martha Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 24
Rooms Bedroom 23, Bedroom 21, Bedroom 19, Bedroom 17, Bedroom 2, Bedroom 3, Bedroom 14, Bedroom 22, Bedroom 10, Bedroom 12, Bedroom 15, Bedroom 6, Bedroom 11, Bedroom 18, Bedroom 8, Bedroom 24, Bedroom 1, Bedroom 4, Bedroom 13, Bedroom 16, Bedroom 5, Bedroom 7, Bedroom 9, Bedroom 20
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

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18221

Amenities

gated
wheelchair accessible

Building Details

Year built 1959
Number of units 12
Listing Agency: Keller Williams Capital Ptnrs · Keller Williams Realty
Listed By: Jeffrey G Jonas · License #2014004917
Added: Oct 2 Last Checked: Oct 3 at 10:06PM
MLS# 226037552

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 12-unit apartment property consists of three buildings, each arranged as four flats with a common entrance. Every apartment has two bedrooms and one bathroom. Ground-floor units are wheelchair accessible. The buildings date to 1959 and received a full interior rehabilitation in 2017, including work to the roofs, heating systems, water heaters, windows, doors, kitchens, bathrooms, and appliances.

The property occupies 0.72 acres and is professionally managed and maintained. It is typically fully leased, with long-term tenants, and is offered as a package with 299 and 309 Martha.

Key Highlights

  • 12 apartments, each with 2 bedrooms and 1 bathroom
  • Three buildings with 4 flats per building and shared entries
  • Ground‑floor apartments are wheelchair accessible

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Skin Care Clinic Nail Salon

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

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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Three four-unit buildings feature shared-entry flats, including accessible residences on the ground level.
Where is this apartment building located?
The property is located at 321 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 with 4 flats per building and shared entries; Ground‑floor apartments are wheelchair accessible
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
Reason not saved — we won't ask again