847 Ogden Ave Columbus, OH 43204
This exceptional 6,534 square foot lot, located at 847 S Ogden Avenue in Columbus, Ohio (zip code 43204), presents a prime opportunity for multifamily development. Currently zoned R4, this property is ideally suited for the construction of a new multi-family structure. All city utilities are readily available for connection, eliminating significant upfront infrastructure costs and expediting the construction process. The asking price for this ready-to-build lot is $50,000. This represents a compelling investment opportunity for both seasoned developers looking to expand their portfolios and those seeking to enter the lucrative Columbus real estate market. The property's location in Franklin County offers convenient access to various amenities and transportation networks. The existing zoning and utility infrastructure significantly reduce development hurdles, making this a low-risk, high-reward venture. This is a turnkey opportunity to capitalize on the strong demand for multifamily housing in the Columbus area. Don't miss this chance to acquire a highly desirable development site in a thriving market. The address is officially listed as 847-849 S. Ogden Avenue.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.