Property profile

554 Barnett Rd Columbus, OH 43213

OFF-MARKET
Residential income homes
Property ID
US66-0987345
Built 1969
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Property summary

AI-generated overview

This exceptional four-unit apartment building, located at 554 Barnett Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1969 and completely renovated in 2023, this property boasts a desirable location in the 43213 zip code, offering easy access to local amenities and transportation. The building sits on a spacious 9,147.6 square foot lot and features four units, each thoughtfully designed. Two of the units showcase exposed brick walls extending to the second floor, adding a unique architectural touch. Each unit includes two bedrooms, one and a half bathrooms, and a private balcony off the master bedroom. Residents will appreciate the convenience of air conditioning, a rear patio, and in-unit washer and dryer hookups located in the basement. Off-street parking is provided in a private lot behind the building, ensuring ample space for residents. The asking price is $650,000, translating to $151.87 per square foot. The seller is currently seeking $1,250 per month in rent for each unit. The property is being sold "AS IS". This turnkey investment is ready for immediate income generation. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property in a thriving Columbus neighborhood.

Property profile

Verified
Property type Residential income homes
Year built 1969
UPID US66-0987345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

554 Barnett Rd Columbus, OH 43213
Columbus metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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