43-45 Markison Ave Columbus, OH 43207
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.
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.