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Property profile & analytics
OFF-MARKET
Other commercial real estate

775 Bellows Ave Columbus, OH 43222

Built 1912
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Other commercial real estate
Year built 1912
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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