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Property profile & analytics
OFF-MARKET
Apartment buildings

43-45 Markison Ave Columbus, OH 43207

Built 2024
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a stunning, newly constructed (2024) two-unit apartment building in Columbus, Ohio's desirable German Village area. This unique property, designed to resemble a century-old building, boasts 4,536 square feet and features eight luxuriously appointed bedrooms and six bathrooms, comfortably accommodating 24 guests. Ideal for short-term rentals, the property is equipped with modern amenities and benefits from a prime location near Children's Hospital and all the attractions of German Village and Downtown Columbus. A key feature is the impressive floor-to-ceiling bookshelves with library ladders, filled with over 7,000 hardcover books. Projected gross annual income from leading short-term rental companies averages $273,000. All furnishings and the existing property website are included in the sale. The lot size is 5,227.2 square feet, and the asking price is $1,745,000 ($384.70 per square foot). Financial projections and supporting documentation are available upon request. This is a turnkey operation with significant income potential. Located at 43-45 W Markison Avenue, Columbus, OH 43207.

Property profile
Verified
Property type Apartment buildings
Year built 2024
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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