515 Champion Ave Columbus, OH 43203
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.
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
Similar Nearby for Sale
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.