Eight-Unit Apartment
For Sale
$1,399,999
69006928 6900-6928 Gemstar Rd, Reynoldsburg, OH 43068
Townhome-style residences feature private entrances, attached garages, and individual basement space.
Property SizeContact for details
Days on Market74
Property Features for 69006928 6900-6928 Gemstar Rd
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
3BR/2.5BA
Multifamily Units
8
Building Details
Year Built
1987
Buildings
4
Listing Agency:
Howard Hanna Real Estate Svcs
Listed By:
Benjamin Thomas Hemmert
Source:
Dreamcolumbus
Added: Aug 18
Changed: Oct 26
Last Checked: Oct 7 at 5:37PM
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 Howard Hanna Real Estate Svcs
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Investment Insights
Based on property information with market context.
This multifamily property comprises eight townhome-style residences arranged in four separate buildings on one parcel. Each building contains two units, and every residence offers 3 bedrooms, 2.5 baths, an attached garage, a basement, and a private entrance. Seven of the eight residences have been recently renovated, while the remaining unit provides an opportunity for future improvement. Seven units are currently leased, creating an established income stream.
Each residence is separately metered for gas, electric, and water, with tenants responsible for all utilities. The property was built in 1987 and is located in Reynoldsburg within the Groveport Madison School District. Shopping, dining, employment centers, and major roadways are nearby. The four-building layout consolidates all eight units on one parcel while retaining the privacy and functionality associated with townhome-style living.
Each residence is separately metered for gas, electric, and water, with tenants responsible for all utilities. The property was built in 1987 and is located in Reynoldsburg within the Groveport Madison School District. Shopping, dining, employment centers, and major roadways are nearby. The four-building layout consolidates all eight units on one parcel while retaining the privacy and functionality associated with townhome-style living.
Key Highlights
- Eight townhome‑style units across 4 separate buildings on 1 parcel
- Each residence includes 3 bedrooms, 2.5 baths, an attached garage, and a basement
- 7 of 8 units have undergone recent renovations
Property Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 43068, OH
59,585
Population
25,294
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
19.6 sq mi
ZIP Area
3,040
Density / Sq Mi
$70,451
Median Household Income
$42,327
Median Earnings
$1,214
Median Rent
$225,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Townhome-style residences feature private entrances, attached garages, and individual basement space.
Where is this apartment building located?
The property is located at 69006928 6900-6928 Gemstar Rd Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Eight townhome‑style units across 4 separate buildings on 1 parcel; Each residence includes 3 bedrooms, 2.5 baths, an attached garage, and a basement; 7 of 8 units have undergone recent renovations
