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Mixed-Use Property with Apartments

878 Mount Vernon Ave, Columbus, OH 43203

For Sale
New
$400,000

Two buildings combine ground-floor retail and residential units on a corner parcel along Mount Vernon Avenue.

Property Size9,913 SF
Lot Size0.13 Acres
Price / SF$40.35
Days on Market4

Property Features for 878 Mount Vernon Ave

General Information

Standard status Active
Size 9,913 SF
Lot size 0.13 Acres
Property subtype Multi-Unit (5+)

Site & Location

Neighborhood Near East
Corner Location Yes
Highway Access Yes
Road Access Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Additional Details

Asking Price $770,000

Amenities

Lot Size Acres: 0.13
Asphalt Roof
Total Taxes: $5,344, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure, Sale Type: Auction, Availability Date: 2026-11-04, Auction URL: 878 Mount Vernon Ave, Columbus, OH 43203, Auction Start Time: 2026-11-04 17:00:00, Auction End Time: 2026-12-16 18:00:00
School District: Columbus City School District
Built in 1920
Property Zone Type: 900, Above Area Square Feet: 9913, Street View
Brick Siding

Building Details

Year Built 1920
Buildings 2
Construction brick
Listing Agency: Ohio Real Estate Auctions LLC
Listed By: Christopher Cox · License #SL3538748
Source: Doyle-realty
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 2:50PM

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 Ohio Real Estate Auctions LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property comprises two buildings totaling 9,913 square feet on a 0.13-acre corner lot. The three-story brick building has retail space at street level and apartments above; a separate two-story apartment building adds to the property’s total of 11 units. The brick building dates to 1920.

Located on Mount Vernon Avenue in the King-Lincoln Bronzeville area, the property is minutes from Downtown Columbus, I-71, and I-670. Sidewalks and public utilities are available, and the site fronts a corridor described as carrying moderate to heavy traffic.

Key Highlights

  • 11 units across two buildings
  • 9,913 square feet on a 0.13‑acre corner lot
  • Three‑story brick building with ground‑floor retail and apartments above

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

Demographics for 43203, OH

8,726
Population
5,301
Households
1.6
Avg Household Size
32
Median Age
30%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
6,233
Density / Sq Mi
$44,099
Median Household Income
$36,918
Median Earnings
$930
Median Rent
$282,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Columbus, OH

$111 Jul
$157 Aug
$198 Sep
$174 Oct

Properties on Market for Mixed-use properties in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine ground-floor retail and residential units on a corner parcel along Mount Vernon Avenue.
Where is this mixed-use property located?
The property is located at 878 Mount Vernon Ave Columbus, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 11 units across two buildings; 9,913 square feet on a 0.13‑acre corner lot; Three‑story brick building with ground‑floor retail and apartments above
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