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All Brick Four-Unit Building
For Sale
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540 S Richardson Avenue #534, Columbus, OH 43204

Four-unit building with potential, sold as-is.

Property SizeContact for details
Days on Market110

Property Features for 540 S Richardson Avenue #534

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multifamily
Occupancy 25%
Net Operating Income $14,100

Building Details

Year Built 1929
Units 4
Listing Agency: Alt Company, Realtors
Listed By: Lisa Roberts · License #2021006764
Source: Crexi
Added: May 7 Changed: Aug 8 Last Checked: Aug 21 at 8:59PM

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 Alt Company, Realtors

Investment Insights

Based on property information with market context.

This is an all-brick four-unit building presenting an investment opportunity. Each of the four units features a similar floor plan, with two bedrooms and one bathroom. The property includes a basement and parking is available in the rear, with additional street parking in front. The property is being sold in as-is condition.

Key Highlights

  • All brick construction
  • Four units in one building
  • Each unit has 2 bedrooms and 1 bath

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
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?
Quadplex - Four-unit building with potential, sold as-is.
Where is this quadplex located?
The property is located at 540 S Richardson Avenue #534 Columbus, OH.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: All brick construction; Four units in one building; Each unit has 2 bedrooms and 1 bath
More about this property
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