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1470 High St Columbus, OH 43207

Sponsored
For Sale
$565,000

Four-unit Columbus apartment building with upside.

Description

Added:
Dec 11, 2024
Days on Market:
392
This four-unit apartment building at 1470 S High Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1903, this brick structure sits on a 6,098.4 square foot lot and offers a mix of unit sizes. The building currently boasts 50% occupancy, with two renovated one-bedroom, one-bathroom units renting for $1084 and $1039 per month respectively. These units feature attractive front porches. Additionally, there is one two-bedroom, one-bathroom unit occupied by a long-term tenant at a monthly rent of $950. A second two-bedroom, one-bathroom unit is currently vacant, presenting immediate potential for increased revenue. All upper units have convenient basement access. The property includes a valuable private off-street parking lot located behind the building. The asking price is $565,000, translating to $210.19 per square foot. Importantly, this property benefits from tax abatement, further enhancing its financial appeal. This property is ideally situated just south of downtown Columbus, offering convenient access to the city's amenities and a strong rental market. The combination of updated units, off-street parking, tax abatement, and the potential for increased occupancy makes this a promising investment prospect.

Property Features for 1470 High St

General Information

Property type
Multifamily properties

Building Details

Year Built
1903
Units
4

HighLights

  • Four‑unit apartment building in Columbus, OH, on a 6,098.4 sq ft lot.
  • 50% occupancy with two renovated 1‑bed/1‑bath units renting for $1084 and $1039/month, and one occupied 2‑bed/1‑bath unit at $950/month.
  • One vacant 2‑bed/1‑bath unit offers immediate upside.
  • Includes private off‑street parking.
  • Asking price: $565,000 ($210.19/sq ft), with tax abatement.
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Columbus
County
Franklin
State
Ohio
Longitude
-82.9956407
Latitude
39.9320431

FAQs

What type of property is this?
Multifamily property - Four-unit Columbus apartment building with upside.
Where is this multifamily property located?
The property is located at 1470 High St Columbus, OH.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Four-unit apartment building in Columbus, OH, on a 6,098.4 sq ft lot.; 50% occupancy with two renovated 1-bed/1-bath units renting for $1084 and $1039/month, and one occupied 2-bed/1-bath unit at $950/month.; One vacant 2-bed/1-bath unit offers immediate upside.
More about this property
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