775 Bellows Ave Columbus, OH 43222
Exceptional investment opportunity awaits in Columbus, Ohio's burgeoning Franklinton neighborhood with this two-unit apartment building located at 775 Bellows Avenue, zip code 43222. Built in 1912, this property sits on a 3,920.4 square foot lot and is priced at $165,000, or $63.36 per square foot. Approved architectural drawings are available (requiring renewal) for conversion into two modern, three-story condo units. Each unit is designed to feature three bedrooms and three and a half bathrooms, with a luxurious master suite occupying the entire third floor. The first floor of each unit offers an open-concept layout, seamlessly connecting the living, dining, and kitchen areas, perfect for entertaining. This property presents a unique opportunity for developers seeking a ready-to-build project or investors looking for strong rental income potential. The property's location within the rapidly growing Franklinton area ensures significant future appreciation. Don't miss this chance to capitalize on the thriving Columbus real estate market. This is a turnkey project ready for immediate action.
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.
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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.