76-78 Barthman Ave Columbus, OH 43207
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 76-78 Barthman Ave
- Year built
- 1924
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9932
- Latitude
- 39.9244
