899 Geers Avenue Columbus, OH 43206

Building Details

Year Built

1947

Listing office Reafco r***@reafco.com Show Phone

Listing date Aug 30, 2025

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Investment Insights

Based on property information with market context.

This well-maintained four-unit property is professionally managed and configured as four one-bedroom, one-bath units. Three units are currently leased, and one unit is vacant, providing immediate flexibility for an owner-occupant or an investor seeking to stabilize occupancy. Current in-place rent totals $2,275 per month, plus water reimbursements, with unit-level rents listed as $750, $800, and $725 for the occupied units.

The asset is located in the Driving Park neighborhood of Columbus, Ohio, and is presented as part of an affordable workforce housing corridor. With a workforce-oriented tenant base described in the remarks, the property is positioned for straightforward rental operations.

From an operator’s standpoint, the mix of one-bedroom layouts can simplify leasing and tenant turnover planning, while the vacant unit creates an opportunity to bring the property to full occupancy without waiting for a lease rollover. The combination of existing management, established rental income, and a ready-to-rent unit supports practical ownership for either a hands-on resident or a rental-focused buyer.

Key Highlights

• Four‑unit property built in 1947 with four 1‑bedroom, 1‑bath units
• Three units are currently leased and one unit is vacant for flexible move‑in or rental capacity
• In‑place monthly rents: $750 (Unit A), $800 (Unit B), $725 (Unit C), and Unit D vacant

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FAQs

What type of property is this?

Quadplex - Three units are leased and one is vacant, offering flexible move-in or rental capacity for an owner or investor.

Where is this quadplex located?

The property is located at 899 Geers Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $339,900.

What are key features of this property?

This property features: Four‑unit property built in 1947 with four 1‑bedroom, 1‑bath units; Three units are currently leased and one unit is vacant for flexible move‑in or rental capacity; In‑place monthly rents: $750 (Unit A), $800 (Unit B), $725 (Unit C), and Unit D vacant