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7-Unit Apartment Building
For Sale
$425,000
Pending

409 Ryan Avenue, Columbus, OH 43223

Four apartments have updated finishes and newer appliances, while the property includes dedicated off-street parking.

Property SizeContact for details
Days on Market43

Property Features for 409 Ryan Avenue

General Information

Standard status Pending
Property subtype Multi Family Home

Additional Details

Multifamily Units 7

Taxes and HOA fees

Annual Taxes $3,645

Building Details

Year Built 1950
Units 7
Listing Agency: Red 1 Realty
Listed By: Bradley Clarizio · License #2018002068
Source: Hcblandrealty
Added: Jul 19 Changed: Aug 29 Last Checked: Aug 29 at 8:27PM

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 Red 1 Realty

Investment Insights

Based on property information with market context.

Built in 1950, this 7-unit apartment property combines four remodeled apartments with additional units occupied by established tenants. Improvements in the remodeled units include fresh paint, LVP flooring, tile showers, and newer appliances, while the remaining apartments offer room for future updates.

The property includes a dedicated lot for off-street parking and a new roof completed in 2025. Located at 409 Ryan Avenue in Columbus, the asset provides a compact multifamily configuration with a mix of renovated and existing residential units.

Key Highlights

  • 7‑unit apartment property built in 1950
  • Four remodeled units with fresh paint, LVP flooring, tile showers, and newer appliances
  • New roof completed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency 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

7
Residential units

Location Intelligence

Trade Area within ½ mile

478
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Four apartments have updated finishes and newer appliances, while the property includes dedicated off-street parking.
Where is this apartment building located?
The property is located at 409 Ryan Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 7‑unit apartment property built in 1950; Four remodeled units with fresh paint, LVP flooring, tile showers, and newer appliances; New roof completed in 2025
More about this property
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