160 Sylvan Ave Columbus, OH 43204
This exceptional investment opportunity presents a meticulously renovated ten-unit apartment building ideally situated in Columbus, Ohio's vibrant Westside. The property, located at 160 N Sylvan Avenue, boasts a prime location within the 43204 zip code, offering easy access to local amenities and transportation. Constructed in 1962 and completely renovated in 2023, this solid cinder block building comprises ten one-bedroom, one-bathroom units, each designed for comfortable living. The property currently enjoys a strong 92% occupancy rate, with a market rent of $800 per month per unit. The substantial 5,662.8 square foot lot provides ample parking for residents. This turnkey investment is priced at $750,000 and presents a compelling return on investment. Note that this property can be purchased in conjunction with the adjacent duplex located at 162-164 N. Sylvan Avenue, offering potential for significant portfolio expansion. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable Columbus neighborhood.
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.