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1461 Chesapeake Ave 4 Unit Apartment Building $625,000 ($156,250/Unit) Columbus, OH 43212
Executive Summary
Prime 43212 investment opportunity in one of Columbus' most consistently desirable rental corridors. Brick, stucco and wood, single-story four-unit building featuring four one-bedroom apartments with dedicated entrances and off-street parking. Property is fully occupied with established tenants, providing immediate income from day one. Strong rental history and significant upside potential through rent optimization and value-add improvements over time. Simple, durable construction with low-maintenance exterior. Ample off-street parking and green space enhance tenant appeal. Central location offers quick access to Grandview, OSU, downtown Columbus, major employers, dining, retail, and entertainment -- a proven high-demand rental submarket. Financials, rent roll, and supporting documentation are located in the MLS documents tab. Curb offers only. Do not disturb tenants. Excellent opportunity for investors seeking stabilized cash flow with long-term appreciation in a prime location. Back on the market, see ATA remarks
Property Facts
| Price | $625,000 | Property Subtype | Apartment |
| Price Per Unit | $156,250 | Building Size | 5,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 4 | Year Built | 1978 |
| Property Type | Multifamily |
| Price | $625,000 |
| Price Per Unit | $156,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 130-001390 | Improvements Assessment | $0 |
| Land Assessment | $28,740 | Total Assessment | $28,740 |
Property Taxes
Parcel Number
130-001390
Land Assessment
$28,740
Improvements Assessment
$0
Total Assessment
$28,740
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1461 Chesapeake Ave