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Property profile & analytics
OFF-MARKET
Small apartment buildings

508-510 Markison Ave Columbus, OH 43207

Built 1904
Property ID
US66-0627597
Property summary
AI-generated overview

This meticulously renovated fourplex in Columbus, Ohio, presents a compelling investment opportunity. Located at 508-510 E Markison Avenue, this 1904-built property sits on a 5,227.2 square foot lot and boasts four one-bedroom units, each recently updated. The asking price is $475,000, translating to $217.49 per square foot. Significant renovations completed in 2023 include brand new kitchens featuring stylish quartz countertops, stainless steel appliances, and chic tile backsplashes, complemented by modern luxury vinyl plank (LVP) flooring throughout. Bathrooms have also undergone complete renovations, showcasing new vanities, tubs, and elegant tile surrounds. Residents enjoy the convenience of a fenced-in backyard, ideal for relaxation, and four dedicated off-street parking spaces. Each unit includes in-unit washer and dryer hookups located in the basement, along with additional storage space. This property offers a blend of classic charm and modern updates, making it an attractive option for tenants and a promising investment for discerning buyers. The property's location in the 43207 zip code of Franklin County provides easy access to Columbus' amenities. This turnkey investment is ready for immediate income generation.

Property profile
Verified
Property type Small apartment buildings
Year built 1904
UPID US66-0627597
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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