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Property profile & analytics
OFF-MARKET
Apartment buildings

515 Champion Ave Columbus, OH 43203

Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1920
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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