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Eastmoor Multifamily Redevelopment Opportunity
For Sale
$280,000

3349 E Broad St, Columbus, OH 43213

Value-add multifamily property in high-visibility East Broad Street corridor.

Property Size3,890 SF
Lot Size0.30 Acres
Price / SF$71.98
Days on Market206

Property Features for 3349 E Broad St

General Information

Standard status Active
Size 3,890 SF
Class C
Lot size 0.30 Acres
Property subtype Multifamily

Building Details

Building Size 3,890 SF
Year Built 1940
Listing Agency: NAI | Ohio Equities
Listed By: Peter Merkle · License #439173
Source: Ohioequities
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 21 at 5:19AM

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 NAI | Ohio Equities

Investment Insights

Based on property information with market context.

Located in the Eastmoor neighborhood, 3349 E Broad Street is a garden-style multifamily building situated on approximately 0.25 acres. The property features approximately 3,890 square feet across four residential units, including two one-bedroom, one-bath units and two two-bedroom, one-bath units. The site has 160 feet of frontage on E Broad Street, which experiences approximately 28,000 vehicles per day, and includes 12 rear surface parking spaces. The property is zoned Mixed-Use (UGN-1) within Columbus’s new Zone In rezoning initiative, designed to support increased residential density and mixed-use development along key transit corridors, offering long-term redevelopment potential. The location provides convenient access to Bexley, I-270, John Glenn International Airport, retail amenities, and public transit. The property is positioned along a high-traffic thoroughfare connecting Downtown Columbus to Bexley, Whitehall, and I-270, surrounded by residential communities, national retailers, local businesses, and medical offices. With nearby access to I-70, I-670, and John Glenn Columbus International Airport, the location is ideally positioned for commuters and destination traffic. Currently in receivership, this property presents a value-add opportunity for investors focused on repositioning and lease-up potential in a strong rental market.

Key Highlights

  • Major value‑add opportunity in a strong rental market due to current receivership status.
  • Located on a high‑traffic corridor (±28,000 vehicles per day) with 160' of frontage on E Broad Street, offering high visibility.
  • Zoned Mixed‑Use (UGN‑1) within Columbus’s New Zone In rezoning initiative, supporting increased residential density and mixed‑use development.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Spa & Massage Center Gym & Fitness 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

491
Businesses Nearby

Demographics for 43213, OH

35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Value-add multifamily property in high-visibility East Broad Street corridor.
Where is this quadplex located?
The property is located at 3349 E Broad St Columbus, OH.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Major value‑add opportunity in a strong rental market due to current receivership status.; Located on a high‑traffic corridor (±28,000 vehicles per day) with **160' of frontage on E Broad Street**, offering high visibility.; Zoned Mixed‑Use (UGN‑1) within Columbus’s New Zone In rezoning initiative, supporting increased residential density and mixed‑use development.
More about this property
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