Log In/Sign Up
Your email has been sent.
1264 S High St 20 Unit Apartment Building $3,995,000 ($199,750/Unit) 6.53% Cap Rate Columbus, OH 43206
INVESTMENT HIGHLIGHTS
- Pending 15-year tax abatement
- 16 - 2 bedroom townhomes
- 2 - retail/commercial spaces
- Updated in 2025
- 2 - 2 bedroom flats
- Close proximity to German Village, Downtown Columbus, Nationwide Children's Hospital
EXECUTIVE SUMMARY
LIM Realty Group is pleased to present 1264–1270 S. High Street, a newly completed 20-unit mixed-use property located in the heart of Merion Village, one of Columbus’s most desirable and walkable neighborhoods. The asset features 18 residential units and 2 commercial spaces, offering investors a fully repositioned, turn-key opportunity in a high-growth submarket. The Property is comprised of two buildings separated by a landscaped central courtyard and includes sixteen (16) 2- bedroom / 1-bathroom townhomes and two (2) 2-bedroom / 1- bathroom flats. A comprehensive renovation was completed in 2025, featuring all new interiors with updated finishes. Three residential units remain in legacy condition due to long-term tenants, providing a clear value-add opportunity upon future turnover. A 15-year Community Reinvestment Area (CRA) tax abatement has been submitted and is pending approval, offering substantial long-term tax savings. With the mix of residential and retail space, the Property is well-positioned to capture both stable income and future upside. Merion Village continues to experience significant appreciation, driven by its proximity to Downtown Columbus, German Village, and Nationwide Children’s Hospital. Residents enjoy walkable access to neighborhood restaurants, shops, and parks, while retailers benefit from strong local demographics and visibility along South High Street. 1264–1270 S. High Street presents investors with a rare opportunity to acquire a newly renovated, tax-advantaged multifamily asset with immediate lease-up potential, limited supply competition, and multiple long-term exit strategies — including condo conversion or stabilized hold.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,995,000 | Apartment Style | Townhome |
| Price Per Unit | $199,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.51 AC |
| Cap Rate | 6.53% | Building Size | 22,508 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1939/2025 |
| Property Subtype | Apartment | ||
| Zoning | UCT - Multi-Family, Commercial/Retail | ||
| Price | $3,995,000 |
| Price Per Unit | $199,750 |
| Sale Type | Investment |
| Cap Rate | 6.53% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 22,508 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1939/2025 |
| Zoning | UCT - Multi-Family, Commercial/Retail |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 010-017202 | Improvements Assessment | $242,240 |
| Land Assessment | $50,470 | Total Assessment | $292,710 |
PROPERTY TAXES
Parcel Number
010-017202
Land Assessment
$50,470
Improvements Assessment
$242,240
Total Assessment
$292,710
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1264 S High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.