822-824 Crofton Cir Reynoldsburg, OH 43068
This exceptional Reynoldsburg, Ohio investment opportunity presents two attached villas situated on a large corner lot (17,859.6 sq ft) boasting mature honey locust trees. The property, built in 1986 and extensively renovated in 2024, includes a brand new roof (September 2024), new siding, gutters, and downspouts (October 2024). Each unit offers unique features: vaulted ceilings with wood-burning fireplaces in the great rooms, kitchens with center islands, and primary suites featuring double closets and private half-baths. Dining rooms open to rear patios via sliding doors. Unit 824, freshly painted, showcases brand new stainless steel appliances and updated lighting, plus a finished recreation room. Unit 822 is currently tenant-occupied. The property benefits from separate parcel numbers, eliminating monthly condo/HOA fees; only a $132 annual HOA fee applies. The asking price is $450,000, translating to $195.65 per square foot. This is a rare find in a desirable location, offering significant potential for return on investment. This fee-simple property presents a compelling opportunity for discerning investors seeking a well-maintained, updated multifamily asset in a strong market.
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
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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.