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Property profile & analytics
FOR SALE
Apartment buildings

3357-3361 E Broad St Columbus, OH 43213

5,526 SF Built 1940
Property ID
US66-Q000416
Property summary
AI-generated overview

NAI Ohio Equities is pleased to offer 3357–3361 E Broad Street, a 6-unit garden-style multifamily building located in the heart of Columbus’ Eastmoor neighborhood. Encompassing ±5,526 square feet on approximately ±0.40 acres, the building includes four 1-bedroom/1-bath and two 2-bedroom/1-bath units. A detached 6-car garage offers one parking space per unit, enhancing tenant convenience. Located within the new Zone In rezoning area along E Broad Street, this property benefits from long-term upside associated with the city’s initiative to promote greater housing density and mixed-use development along transit corridors. Zoned Mixed-Use (UGN-1) and currently in receivership, the property represents a compelling value-add opportunity for investors seeking to unlock income potential through renovation and strategic lease-up. Located along one of Columbus’ most prominent east-west corridors, 3357-3361 E Broad Street offers high visibility and accessibility in the heart of the Eastmoor neighborhood. This stretch of East Broad Street is a high-traffic thoroughfare connecting Downtown Columbus to Bexley, Whitehall, and I-270. The property is surrounded by a healthy mix of residential communities, national retailers, local businesses, and medical offices. With nearby access to I-70, I-670, and John Glenn Columbus International Airport, the location is ideally positioned for both commuters and destination traffic. This central east side location also benefits from its proximity to Bexley, an affluent, walkable suburb with strong demographics, and Mount Carmel East Hospital, a major regional medical hub. Major Value-Add Opportunity in a Strong Rental Market ±5,526 SF Garden-Style Apartment Building Six Units: Four 1BR/1BA and Two 2BR/1BA Detached Six-Car Garage – One Space Per Unit Situated on ±0.40 Acres with 160' of Frontage Along E Broad Street High-Traffic Corridor: ±28,000 Vehicles Per Day Zoned Mixed-Use (UGN-1) within Columbus’s New Zone In Rezoning Initiative Currently in Receivership Centrally Located with Convenient Access To Bexley, I-270, John Glenn International Airport, Retail Amenities, and Public Transit

Property profile
Verified
Property type Apartment buildings
Year built 1940
Total area 5,526 SF
UPID US66-Q000416
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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