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Renovated 6-Unit Apartment Building

370 Forest St, Columbus, OH 43206

For Sale
$1,950,000

Fully updated apartments currently operate as active short-term rentals with in-unit laundry.

Property SizeContact for details
Days on Market88

Property Features for 370 Forest St

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Neighborhood German Village

Additional Details

Multifamily Units 6

Building Details

Year Built 1900
Listing Agency: Reafco
Listed By: Kerlous Tadres · License OH SAL.2022006903
Source: Thelorilynngroup
Added: Aug 18 Changed: Nov 13 Last Checked: Oct 7 at 1:49PM

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 Reafco

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Investment Insights

Based on property information with market context.

Built in 1900, this six-unit apartment property at 370 Forest St in Columbus includes fully renovated residences configured for short-term rental operations. Improvements include updated mechanical, electrical, and plumbing systems, along with new kitchens featuring granite counters and stainless appliances. Each unit also has a new bathroom, in-unit washer and dryer, refinished hardwood flooring, and tile finishes.

All six apartments are operating as active Airbnb rentals. The property is in the Schumacher Place section of German Village, near Schiller Park, the Book Loft, and the restaurants and shops along Third Street. Downtown Columbus and Nationwide Children's Hospital are also described as a quick trip away.

The units may also support corporate or furnished housing arrangements and traditional long-term leases, providing multiple operating formats for the apartment asset.

Key Highlights

  • Six‑unit apartment property built in 1900
  • All six units currently operate as active Airbnb rentals
  • Renovations include mechanical, electrical, and plumbing updates

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,606
Businesses Nearby

Demographics for 43206, OH

21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
Median Home Value
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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 - Fully updated apartments currently operate as active short-term rentals with in-unit laundry.
Where is this apartment building located?
The property is located at 370 Forest St Columbus, OH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Six‑unit apartment property built in 1900; All six units currently operate as active Airbnb rentals; Renovations include mechanical, electrical, and plumbing updates
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