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Property profile & analytics
OFF-MARKET
Apartment buildings

309 4Th Ave Columbus, OH 43215

Built 1905
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1905
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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