309 4Th Ave Columbus, OH 43215
This exceptional four-unit apartment building at 309 W 4th Avenue in Columbus, Ohio, presents a rare investment opportunity. Located in the desirable Harrison West neighborhood, this property boasts a prime location near downtown Columbus, Ohio State University, and Grandview, offering convenient access to a variety of amenities and attractions. Built in 1905, the building features a charming and solid brick exterior. All four units are updated and move-in ready, currently 100% occupied, ensuring immediate rental income. Each unit includes a basement, adding valuable storage space for tenants. Recent renovations include all-new flooring, paint, countertops, and vanities throughout. Significant upgrades also include a brand-new roof installed in 2024 and newer furnaces and air conditioning units in all four units. The property sits on a 1,742.4 square foot lot and is offered at an asking price of $1,650,000, translating to $280.56 per square foot. This meticulously maintained multifamily property represents a strong investment with excellent potential for long-term growth and profitability. Detailed renovation records are available upon request. Don't miss this chance to acquire a highly sought-after multifamily asset in a thriving Columbus neighborhood.
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
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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.