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Property profile & analytics
OFF-MARKET
Apartment buildings

76-78 Barthman Ave Columbus, OH 43207

Built 1924
Property ID
Property summary
AI-generated overview

This Columbus, Ohio investment property, located at 76-78 E Barthman Avenue, presents a compelling value-add opportunity. The property is a two-unit duplex, built in 1924, situated on a substantial 10,018.8 square foot double lot in the 43207 zip code. Asking price is $205,000, translating to $84.99 per square foot. One unit (78 E Barthman) underwent a remodel and was recently rented, while the other (76 E Barthman) is ready for renovation, down to the studs. Each unit features three bedrooms and one bathroom, with sizable, unfinished basements offering potential for expansion. A new roof was installed in 2019. The property's location offers convenient access to Nationwide Children's Hospital, German Village, and Downtown Columbus, benefiting from the area's growth spurred by developments like The Fort on S. High Street and warehouses on S. Parsons Avenue. The large lot presents additional development possibilities, such as subdividing and selling the land separately or constructing another building. The property is being sold as-is. This presents a unique chance to capitalize on the area's upward trajectory and create significant return on investment.

Property profile
Verified
Property type Apartment buildings
Year built 1924
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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