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Property profile & analytics
OFF-MARKET
Apartment buildings

309 4Th Ave Columbus, OH 43201

Built 1905
Property ID
Property summary
AI-generated overview

This exceptional four-unit apartment building, located at 309 W 4th Avenue in Columbus, Ohio's desirable Harrison West neighborhood, presents a rare investment opportunity. Built in 1905, this charming brick building boasts a solid exterior and sits on a 1,742.4 square foot lot. Currently 100% occupied, the property offers immediate cash flow. All four units are updated and move-in ready, featuring brand new flooring, paint, countertops, and vanities throughout. Each unit includes a basement for added storage. Significant recent improvements include a brand new roof installed in 2024 and newer furnaces and air conditioning units in all four units. The property's prime location offers easy access to downtown Columbus, Ohio State University, and Grandview, making it highly attractive to renters. With an asking price of $1,650,000 and a price per square foot of $547.63, this multifamily property represents a strong value in a thriving market. The property is zoned for multifamily use and is situated in the 43201 zip code. This is an excellent opportunity for investors seeking a stable, high-return investment in a sought-after Columbus location. Further details and updates are available upon request.

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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