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Turn-Key Brick Four-Unit Building
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571-575 City Park Avenue #571-575, Columbus, OH 43215

Renovated four-unit building with downtown views, suitable for rentals.

Property SizeContact for details
Days on Market915

Property Features for 571-575 City Park Avenue #571-575

General Information

Standard status Active
Property subtype Multifamily, Mixed Use
Net Operating Income $48,936

Building Details

Year Built 1900
Year Renovated 2022
Units 4
Listing Agency: Housepitality
Listed By: Benjamin Vail · License #2013003393
Source: Crexi
Added: Feb 27, 2024 Changed: Aug 22 Last Checked: Aug 29 at 5:46AM

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 Housepitality

Investment Insights

Based on property information with market context.

This is a four-unit brick building featuring a mix of two-bedroom and one-bedroom units. The property offers potential for both long-term and short-term rentals. The building has a view of downtown. All four units were renovated in 2022 with new mechanicals, fixtures, appliances, flooring, and paint.

Key Highlights

  • Turn‑key 4‑unit brick building in a desirable location
  • All 4 units renovated in 2022 with new mechanicals, fixtures, appliances, flooring, and paint
  • Attractive mix of unit types: 2 two‑bedroom units and 2 one‑bedroom units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Butcher Storage Facility Supermarket

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

3,227
Businesses Nearby

Demographics for 43215, OH

20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
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 - Renovated four-unit building with downtown views, suitable for rentals.
Where is this quadplex located?
The property is located at 571-575 City Park Avenue #571-575 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: Turn‑key 4‑unit brick building in a desirable location; All 4 units renovated in 2022 with new mechanicals, fixtures, appliances, flooring, and paint; Attractive mix of unit types: 2 two‑bedroom units and 2 one‑bedroom units
More about this property
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