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German Village Multifamily Opportunity
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601 City Park Avenue #1 2 3 & 4, Columbus, OH 43206

Four units in desirable German Village location with conversion potential.

Property SizeContact for details
Days on Market686

Property Features for 601 City Park Avenue #1 2 3 & 4

General Information

Standard status Active
Property subtype Multifamily, Mixed Use
Occupancy 25%

Building Details

Year Built 1900
Year Renovated 2019
Units 4
Listing Agency: Rolls Realty
Listed By: Brittany Hampton · License #2015003693
Source: Crexi
Added: Oct 20, 2024 Changed: Aug 13 Last Checked: Sep 4 at 4:52AM

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 Rolls Realty

Investment Insights

Based on property information with market context.

Located in German Village, this property features three one-bedroom units and one two-bedroom unit. The two-bedroom unit includes direct inside access to the basement and a dedicated utility/laundry space. Each unit contains one bathroom. All units have access to a communal basement laundry space and ample additional storage space through an exterior entrance. Constructed prior to 1900, the property has been significantly updated by the current ownership. Three of the units have been intentionally held open, providing the buyer with the option of converting the property to a single-family home. The double lot offers enough room for an addition of a swimming pool or garage with carriage house above. This property is among the most desirable in German Village.

Key Highlights

  • Prime location in desirable German Village
  • Rare double lot with space for pool or garage/carriage house
  • Option to convert to a single‑family home

Property Analytics

Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 43206, OH

21,594
Population
12,758
Households
1.7
Avg Household Size
35
Median Age
48%
College-Educated
94%
High-School Grad
3.0 sq mi
ZIP Area
7,198
Density / Sq Mi
$74,421
Median Household Income
$52,603
Median Earnings
$1,339
Median Rent
$280,400
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?
Multifamily property - Four units in desirable German Village location with conversion potential.
Where is this multifamily property located?
The property is located at 601 City Park Avenue #1 2 3 & 4 Columbus, OH.
What is the asking price?
The asking price for this property is $997,997.
What are key features of this property?
This property features: Prime location in desirable German Village; Rare double lot with space for pool or garage/carriage house; Option to convert to a single‑family home
More about this property
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