Turnkey Multifamily Building Near
3244 E 5th Avenue, Columbus, OH 43219
New
MULTI_FAMILY - Columbus, OH
Property size:
2,484 SFLot size:
0.14 AcresPrice / SF:
$161/SF- Added:
- May 12, 2026
- Days on Market:
- 1
- Last Refresh:
- May 12 at 6:06 pm
Property Features for 3244 E 5th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 010-066638
- Size
- 2,484 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3329
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
Listing agent David Spurlock (614) 656-1316
Listing office Red 1 Realty 921 Eastwind Dr Suite 102, Columbus, OH (614) 585-9020
Listing date May 12, 2026
MLS# 226016519
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.
HighLights
- Located near the $2 billion John Glenn Airport expansion, promising future economic growth.
- Turnkey property with long‑term tenants and immediate, reliable cash flow.
- Minimal deferred maintenance, making it a hassle‑free investment.
- Potential for mid‑term or short‑term rental use due to proximity to the airport and downtown Columbus.
- Features a mix of unit sizes: one 1 bed/1 bath, one 2 bed/1 bath, and one 3 bed/1 bath.
- Located in a rapidly evolving corridor with long‑term growth potential.
Overview
This turnkey three-unit apartment building is located near the $2 billion John Glenn Columbus International Airport expansion and redevelopment project. The property is situated in a high-growth location expected to benefit from continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side. The 2,484 square foot building features long-term tenants with a strong payment history, providing immediate and reliable cash flow. The unit mix includes one 1-bedroom/1-bathroom unit, one 2-bedroom/1-bathroom unit, and one 3-bedroom/1-bathroom unit. The property is positioned for future mid-term or short-term rental use due to its proximity to the airport, downtown Columbus, and major employment hubs. The airport expansion is expected to drive demand from traveling professionals, airline personnel, contractors, and visitors seeking accommodations near the region's infrastructure investment. The property, situated on a 0.14-acre lot, offers a combination of in-place income, strategic location, and long-term growth potential in a rapidly evolving corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.917079
- Latitude
- 39.98481
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit building near airport expansion with income and growth potential.
Where is this triplex located?
The property is located at 3244 E 5th Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Located near the $2 billion John Glenn Airport expansion, promising future economic growth.; Turnkey property with long‑term tenants and immediate, reliable cash flow.; Minimal deferred maintenance, making it a hassle‑free investment.
