This fully renovated multifamily asset offers turnkey stability with modernized units that
support premium rents, strong leasing velocity, and minimal near-term capital needs. This
asset is unique in that it's historically proven to support multiple business plans to include
short term, mid-term and conventional revenue models. A 12-year tax abatement
enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout
the hold period.
For qualified purchasers, Seller is offering carryback financing with flexible terms, creating
a more efficient capital structure and lowering the required equity at closing.
This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor
capital improvement plans, further supports stability of location and long-term growth
projection.
Curb offers only
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Listing Snapshot
Price
$3,299,999
Days On Site
43 Days
Bedrooms
N/A
Inside Area (SqFt)
15,780.0 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.22 Acres
Year Built
1915
MLS® Number
226004639
Status
Active
Property Tax
$13,586
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Price changed to $3,299,999
2 weeks ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.22
Cross Street
S Washington Ave
Parking
Common
Parking Spaces
18
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
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Exterior Features
Construction Details
Brick
Community Features
School District
COLUMBUS CSD 2503 FRA CO.
Township
None
Schools
School District
COLUMBUS CSD 2503 FRA CO.
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Brett A Ludwig of Verti Commercial Real Estate L: (614) 515-2995
Listing information is provided by Participants of the Columbus and Central Ohio MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Columbus and Central Ohio MLS.
Last checked: 2026-04-03 07:29 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.