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1033-1035 Franklin Ave Columbus, OH 43205

OFF-MARKET Apartment buildings Google Maps
Built 1904
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This charming 2-unit apartment building, located at 1033-1035 Franklin Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1904, the property sits on a sizable 5,227.2 square foot lot and offers a fantastic price per square foot of $206.47. The asking price for this multifamily property is $875,000. Each of the two units provides income potential, making this an attractive option for investors seeking a strong return. The property's location in the desirable 43205 zip code of Columbus offers convenient access to local amenities and services. The building's age suggests potential for renovation and value enhancement, allowing for further return on investment. This is a rare opportunity to acquire a well-situated, income-generating property in a thriving Ohio market. The property's size and unit count make it ideal for both seasoned investors and those new to the multifamily market. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed financial information and property records are available upon request.

Property profile

Verified
Property type Apartment buildings
Year built 1904

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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