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Renovated Luxury Triplex
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534 Oakwood Ave, Columbus, OH 43205

Recently renovated triplex offers mirror-image 2-story 2-bed units plus a third-floor 4-bedroom layout, with basement laundry.

Property SizeContact for details
Days on Market125

Property Features for 534 Oakwood Ave

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily

Financials

Business Included Yes
Opportunity Zone Yes

Additional Details

Fenced Yard Yes
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: Keller Williams Classic Properties Realty
Listed By: Greg Gleaves · License #cr.2011000192
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:28AM

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 Keller Williams Classic Properties Realty

Investment Insights

Based on property information with market context.

This fully stabilized luxury triplex has been recently renovated and is designed for straightforward, low-overhead operations. The first floor features mirror-image 2-story units with two bedrooms and two full bathrooms each, plus basements that include washer/dryers. The third floor offers a four-bedroom configuration, with each bedroom having its own ensuite full bath and one laundry area within the unit.

Outside, the property includes a fenced back yard with professional landscaping and a river rock path. A three-car garage provides a separate bay for each unit. The building is located in an opportunity zone, and a 15-year tax abatement is conditionally approved.

Unit interiors include LVP flooring, stylish kitchens with white cabinetry, granite counters, tile backsplash, and stainless-steel appliances, along with custom tile showers and stylish fixtures throughout.

Key Highlights

  • Fully stabilized luxury triplex in an opportunity zone in the Old Town East area
  • Unit mix includes mirror‑image 2‑story 2BR/2BA units plus a third‑floor 4BR unit with en‑suite full baths
  • Basement includes washer/dryers for the first‑floor 2BR/2BA units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store Locksmith

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

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,501
Businesses Nearby

Demographics for 43205, OH

12,044
Population
7,303
Households
1.6
Avg Household Size
35
Median Age
41%
College-Educated
89%
High-School Grad
2.4 sq mi
ZIP Area
5,018
Density / Sq Mi
$54,214
Median Household Income
$41,219
Median Earnings
$1,050
Median Rent
$290,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Recently renovated triplex offers mirror-image 2-story 2-bed units plus a third-floor 4-bedroom layout, with basement laundry.
Where is this triplex located?
The property is located at 534 Oakwood Ave Columbus, OH.
What are key features of this property?
This property features: Fully stabilized luxury triplex in an opportunity zone in the Old Town East area; Unit mix includes mirror‑image 2‑story 2BR/2BA units plus a third‑floor 4BR unit with en‑suite full baths; Basement includes washer/dryers for the first‑floor 2BR/2BA units
More about this property
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