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Property profile & analytics
OFF-MARKET
Small apartment buildings

160 Sylvan Ave Columbus, OH 43204

Built 1962
Property ID
US66-1846580
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1962
UPID US66-1846580
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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