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Property profile & analytics
OFF-MARKET
Apartment buildings

375 Powell Ave Columbus, OH 43204

Built 1948
Property ID
Property summary
AI-generated overview

This charming 2-unit apartment building, located at 375 S Powell Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1948, the property sits on a sizable 6,098.4 square foot lot and boasts a desirable brick front and vinyl siding, minimizing exterior maintenance needs. Each of the two units offers comfortable living space with two bedrooms and one full bathroom. A key advantage is the inclusion of a basement in each unit, complete with washer/dryer hookups, adding to the appeal for tenants. Further enhancing the property's value is a detached two-car garage situated at the rear, providing ample parking. The asking price is $229,900, translating to a price per square foot of $137.42. This property is situated in the 43204 zip code of Franklin County, offering convenient access to local amenities and transportation. The combination of its attractive features, strong rental potential, and low-maintenance exterior makes this a compelling investment prospect for discerning buyers. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable Columbus location.

Property profile
Verified
Property type Apartment buildings
Year built 1948
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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