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Property profile & analytics
OFF-MARKET
Small apartment buildings

217 2Nd Ave Columbus, OH 43201

Built 1900
Property ID
US66-2478106
Property summary
AI-generated overview

This exceptional multifamily property located at 217 W 2nd Avenue in Columbus, Ohio's desirable Victorian Village, presents a compelling investment opportunity. Built in 1900, this four-unit apartment building sits on a 4,356 square foot lot and is priced at $649,900, translating to $258.72 per square foot. Each of the four units boasts one bedroom, providing comfortable living spaces for residents. The property includes convenient rear parking for tenants. Currently, rental income is below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. The building's location within the vibrant Victorian Village neighborhood offers both short-term and long-term rental appeal. This property is ideal for investors seeking a strong return on investment in a highly sought-after Columbus location. Please note that the property is currently occupied, and residents should not be disturbed. This is a rare chance to acquire a well-situated multifamily asset with considerable upside potential in a thriving urban setting. The property's historical charm combined with its modern convenience makes it an attractive option for both investors and tenants alike. Serious inquiries only.

Property profile
Verified
Property type Small apartment buildings
Year built 1900
UPID US66-2478106
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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