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    Apartment buildings

    406-434 Edinburgh Rd, Dublin, OH 43017

    Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12-unit apartment building, located at 406-434 Edinburgh Rd in Dublin, Ohio, presents a compelling investment opportunity. Built in 1980, this two-story complex boasts a desirable mix of unit sizes, including eight spacious two-bedroom, one-and-a-half-bathroom units and four one-bedroom, one-and-a-half-bathroom units. Each unit comes equipped with a detached garage, a significant amenity in this competitive market. The property is impeccably maintained and situated in a highly sought-after Dublin neighborhood renowned for its excellent schools and vibrant community amenities. Current rental rates are below market average, presenting a substantial opportunity for immediate rent increases and significant future growth. The strong tenant base and excellent condition of the building contribute to a stable income stream and promise long-term occupancy. This property offers investors a rare chance to acquire a well-positioned, cash-flowing asset in one of Columbus's most dynamic rental markets. The asking price is $2,390,000. The property's zip code is 43017, and it is located in Franklin County.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1980
    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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