41 King Ave Columbus, OH 43201
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 41 King Ave
- Year built
- 1901
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 41 King Avenue in Columbus, Ohio's vibrant Short North neighborhood, presents a compelling investment opportunity. Built in 1901, this meticulously maintained Victorian property boasts a mix of unit sizes, including two studios, one one-bedroom, and one four-bedroom apartment, providing a diverse rental portfolio. The building sits on a 5,662.8 square foot lot and offers six off-street parking spaces, a valuable amenity in this highly desirable location. Currently operating at 100% occupancy, the property generates annual rental income exceeding $66,000, translating to a price per square foot of $247.35. Its prime location places it within easy walking distance of Ohio State University's campus, the Downtown Arena District, grocery stores, numerous bars and shops, and the new Columbus Library. This property offers a rare blend of historical charm, strong rental income, and an unbeatable location in one of the fastest-growing cities in the United States, making it an ideal addition to any investment portfolio. The asking price is $700,000. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a piece of Columbus's thriving real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0073264
- Latitude
- 39.9899761
