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Renovated 8-Unit Complex in Dublin

438 Edinburgh Road Unit 438452 Dublin, OH 43017

438 Edinburgh Road Unit 438452, Dublin, OH, 43017

$2,200,000

For Sale

$2,200,000

Fully renovated 8-unit complex in a desirable Dublin location.

Property Size8,448 SF

Price / SF$260.42

AddedJan 11

Days on Market186

Last RefreshJul 15 at 9:55 pm

Property Features for 438 Edinburgh Road Unit 438452

General Information

Standard status: Active
Size: 8,448 SF
Property subtype: Multi-Family / Townhouse

Building Details

Year Built: 1980

Listing office NextHome Experience

Listing date Jan 11, 2026

Source Compass

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 NextHome Experience

Investment Insights

Based on property information with market context.

This is an opportunity to own a fully renovated and immaculately maintained 8-unit complex. The property is located in a desirable and rapidly appreciating area of Columbus, positioned in a rental market with long-term tenant stability, offering strong future appreciation. Each unit has been upgraded with granite countertops, a stainless steel appliance package, new cabinetry, upgraded flooring, and a finished lower level providing additional living space. Private garages add to the property's value and tenant appeal. The property is located in Dublin, with access to top-rated schools and shopping, and seamless access to major highways.

Key Highlights

Fully renovated 8‑unit complex in a rapidly appreciating area of Columbus.
Each unit features granite countertops, stainless steel appliances, new cabinetry, upgraded flooring, and a finished lower level.
Located in Dublin, with a thriving economy and top‑rated schools.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$172.3k	$20.40
− Vacancy	−$13.6k	−$1.61
EGI	$158.7k	$18.79
− OpEx	−$71.4k	−$8.45
NOI	$87.3k	$10.33

8,448 SF · lease $20.40/SF/yr · vacancy 7.90% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.25M

$1.09M – $1.45M (±1% cap)

NOI $87,298 @ 7.0% cap · market cap 3.97%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$1.72M

$1.51M – $2.01M (±1% cap)

NOI $120,561 @ 7.0% cap · market cap 5.48%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Apartment buildings
OH
Dublin
43017
438 Edinburgh Road Unit 438452

What type of property is this?

Apartment building - Fully renovated 8-unit complex in a desirable Dublin location.

Where is this apartment building located?

The property is located at 438 Edinburgh Road Unit 438452 Dublin, OH.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Fully renovated 8‑unit complex in a rapidly appreciating area of Columbus.; Each unit features granite countertops, stainless steel appliances, new cabinetry, upgraded flooring, and a finished lower level.; Located in Dublin, with a thriving economy and top‑rated schools.