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Property profile & analytics
OFF-MARKET
Land

374 Wilson Ave Columbus, OH 43205

5,427 SF Built 1902
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2-unit multifamily property located at 374 Wilson Avenue, Columbus, Ohio, 43205. The property, built in 1902 and renovated in 1961, boasts a total square footage of 5,427 across one building, situated on a 4,791.6 square foot lot (APN: 010-039221). Currently configured as a duplex/triplex/quadruplex, the property offers significant upside potential. The asking price is $875,000. The property is zoned C4 commercial, providing flexibility for various uses. The building requires substantial renovation or a complete rebuild to realize its full potential. The current layout features a finished upper unit and an unfinished lower unit. A key advantage is the property's prime location at the corner of East Main Street and Wilson Avenue, with the Main Street frontage included in the sale. This location places the property within an Opportunity Zone, offering potential tax advantages for investors. The property's substantial size and strategic location make it an ideal candidate for redevelopment or substantial renovation, catering to a range of commercial or residential uses. This is a rare chance to acquire a property with significant potential in a rapidly developing area of Columbus.

Property profile
Verified
Property type Land
Year built 1902
Total area 5,427 SF
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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