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Property profile & analytics
OFF-MARKET
Small apartment buildings

63 Russell St Columbus, OH 43215

Built 1900
Property ID
US66-2322736
Property summary
AI-generated overview

Attention investors! This exceptional four-unit apartment building, located at 63 E Russell Street in Columbus, Ohio, presents a lucrative investment opportunity. Situated just one block from the vibrant Short North Arts District, this property enjoys unparalleled proximity to popular destinations such as Marcellas, The Guild House, and Hyde Park. The convenient location also offers easy walkability or biking distance to the convention center, Goodale Park, and the Arena District. Built in 1900 and extensively renovated in 2020, this property boasts four fully remodeled two-bedroom units, each featuring upscale finishes. Kitchens are equipped with quartz and granite countertops, high-end appliances, and custom cabinetry. Beautiful wood floors, brick accent walls, and custom showers add to the sophisticated aesthetic. Modern conveniences include stackable washer/dryer units in each unit. Residents also enjoy private patios, yards, and the added benefit of off-street parking. The property sits on an 8,276.4 square foot lot and currently enjoys 100% occupancy. With a list price of $1,500,000 and a price per square foot of $312.11, this multifamily investment offers a compelling return on investment. The property's prime location, modern amenities, and high occupancy rate make it an ideal addition to any investment portfolio. All units are move-in ready, minimizing vacancy periods and maximizing rental income. This is a rare opportunity to acquire a turnkey property in one of Columbus's most desirable neighborhoods. The zip code is 43215.

Property profile
Verified
Property type Small apartment buildings
Year built 1900
UPID US66-2322736
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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