16-Unit Apartment
For Sale
$850,000
Pending
5690 Ironwood Court, Columbus, OH 43229
Four-building multifamily property with basement units, flexible month-to-month leasing, and selected capital improvements.
Property Size37,026 SF
Days on Market217
Property Features for 5690 Ironwood Court
General Information
Standard status
Pending
Size
37,026 SF
Property subtype
Multi-Family / Townhouse
Units
Unit Mix
16 x 2BR/1.5BA
Multifamily Units
16
Taxes and HOA fees
Annual Taxes
$21,751
Building Details
Year Built
1968
Buildings
4
Listing Agency:
Parker Realty Associates
(614) 955-0282
Listed By:
Dana M Milligan · License #2015005028
(614) 955-0282
Source:
Compass
Added: Jan 26
Changed: Aug 29
Last Checked: Aug 31 at 1:22AM
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 Parker Realty Associates
Investment Insights
Based on property information with market context.
This multifamily property comprises four apartment buildings with a total of 16 units. Each residence includes two bedrooms, one-and-a-half baths, and a basement. The property was built in 1968, and leases are structured on a month-to-month basis. Several units have received new furnaces and electrical panels, while fencing has been added in multiple backyards.
Located at 5690 Ironwood Court in Columbus, Ohio, the property is subject to a receiver-appointed court approval process, which may extend the closing timeline. The receiver is requesting in-state buyers. Current leasing flexibility and the unit configuration provide a clear framework for evaluating the apartment portfolio.
Located at 5690 Ironwood Court in Columbus, Ohio, the property is subject to a receiver-appointed court approval process, which may extend the closing timeline. The receiver is requesting in-state buyers. Current leasing flexibility and the unit configuration provide a clear framework for evaluating the apartment portfolio.
Key Highlights
- Four apartment buildings containing 16 total units
- Each unit offers 2 bedrooms, 1.5 baths, and a basement
- Built in 1968
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 43229, OH
54,310
Population
23,290
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
9.0 sq mi
ZIP Area
6,034
Density / Sq Mi
$53,430
Median Household Income
$35,181
Median Earnings
$1,082
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-building multifamily property with basement units, flexible month-to-month leasing, and selected capital improvements.
Where is this apartment building located?
The property is located at 5690 Ironwood Court Columbus, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four apartment buildings containing 16 total units; Each unit offers 2 bedrooms, 1.5 baths, and a basement; Built in 1968
