1033-1035 Franklin Ave Columbus, OH 43205
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.