76-78 Barthman Ave Columbus, OH 43207
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.
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
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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.