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    1544-1546 Granville St Columbus, OH 43203

    Sponsored
    For Sale
    $297,500

    Two-unit building, needs TLC, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This two-unit apartment building located at 1544-1546 Granville Street in Columbus, Ohio, presents a compelling investment opportunity for savvy buyers. Built in 1900, the property sits on a 3,920.4 square foot lot and is priced at $297,500, translating to $93.73 per square foot. The property is being sold as-is and requires some tender loving care to reach market or rent-ready condition. Ideal for investors, rehabbers, or those seeking a house-hacking project, this duplex offers substantial equity potential based on comparable renovated properties in the area. The Woodland Park neighborhood is experiencing growth, making this a promising buy-and-hold, flip, or rental property. The property consists of two units, providing flexibility for various investment strategies. The asking price reflects the need for renovations, presenting a significant opportunity for value appreciation. This is a chance to acquire a property in a developing neighborhood with the potential for strong returns. The property's location in the 43203 zip code of Franklin County offers convenient access to local amenities and transportation. Don't miss this chance to capitalize on this promising investment.

    Property Features for 1544-1546 Granville St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900
    Units
    2

    HighLights

    • $297,500 asking price.
    • Multifamily property, Duplex/Triplex/Quadruplex, with 2 units.
    • $93.73 price per square foot.
    • Built in 1900, situated on a 3,920.4 sq ft lot.
    • Located at 1544‑1546 Granville Street, Columbus, OH 43203.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.960914
    Latitude
    39.973472

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit building, needs TLC, great potential.
    Where is this multifamily property located?
    The property is located at 1544-1546 Granville St Columbus, OH.
    What is the asking price?
    The asking price for this property is $297,500.
    What are key features of this property?
    This property features: $297,500 asking price.; Multifamily property, Duplex/Triplex/Quadruplex, with 2 units.; $93.73 price per square foot.
    Request Owner's contact information
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    Columbus, OH 43203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1544-1546 Granville St Columbus, OH 43203
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