Current Use by Public Records
- Apartment buildings
Property Details for 1763-1769 Ardleigh Rd
- Year built
- 1959
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Upper Arlington, Ohio, neighborhood. Located at 1763-1769 Ardleigh Road, this property boasts a prime location, just steps from the vibrant Kingsdale Shopping Center and the upcoming Kingsdale community center and multi-use development. Built in 1959, the property sits on a spacious 19,166.4 square foot lot. The building comprises four two-bedroom units, currently enjoying 100% occupancy, demonstrating strong rental demand and consistent income generation. Each unit is well-maintained, contributing to the property's overall excellent condition. The asking price is $1,100,000, translating to a price per square foot of $164.01. This represents a significant opportunity for investors seeking a stable, high-performing asset in a thriving Upper Arlington location. The proximity to amenities, the strong occupancy rate, and the potential for future appreciation make this property an attractive investment prospect. The property's size and layout offer flexibility for both investors and owner-occupants. Don't miss this chance to acquire a well-maintained, income-producing multifamily property in a highly sought-after area. The zip code is 43221.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Upper Arlington
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0601
- Latitude
- 40.0234
