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Property profile & analytics
OFF-MARKET
Apartment buildings

369 17Th St Columbus, OH 43205

Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 10-unit apartment building, located at 369 S 17th Street in Columbus, Ohio, presents a compelling investment opportunity. Priced at $2,499,999, this property boasts a strong 7.2% cap rate and is currently 100% occupied, primarily with corporate or agency leases, ensuring a stable and consistent income stream. Built in 1920, the property offers well-maintained units requiring no immediate repairs, minimizing upfront capital expenditures. The convenient location directly across from Nationwide Children's Hospital provides a highly desirable tenant pool and strong rental demand. The seller is open to considering various financing options, including creative financing structures. The property's current management team is available to ensure a smooth transition for the new owner, maintaining operational efficiency and minimizing disruption. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a prime Columbus location. The property features a price per square foot of $171.86. The lot size is not specified. This is a duplex/triplex/quadruplex style apartment building.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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