515 Champion Ave Columbus, OH 43203
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 515 Champion Ave
- Year built
- 1920
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This charming 2-unit apartment building, located at 515 N Champion Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1920, the property sits on a 6,534 square foot lot and offers a total of 2 units. The asking price is $299,900, translating to $128.16 per square foot. The property's multifamily nature makes it ideal for rental income generation or owner-occupancy with rental potential. Its location in a rapidly developing area of Columbus offers significant growth potential. The convenient freeway access ensures easy commuting, while the proximity to the Ohio State University Hospital is a major plus for healthcare professionals and those seeking top-tier medical services. The property features a total of 3 bedrooms and 2.5 bathrooms across its two units, providing ample living space. This spacious duplex is ready for renovation or modernization, allowing the new owner to customize it to their vision. This property represents a rare chance to acquire a well-situated multifamily asset in a thriving Columbus neighborhood. The combination of location, size, and potential makes this an attractive investment for both seasoned investors and first-time buyers. The property is located in Franklin County, Ohio, with a zip code of 43203.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9686
- Latitude
- 39.9768
