This Multifamily Property is no longer advertised on LoopNet.com.

1477-1491 W Lane Ave
Columbus, OH 43221
Multifamily Property For Sale · 20 Units

Investment Highlights

  • Offers strong investment potential due to its high-income demographics, proximity to major employers, and robust real estate market.
  • Unique opportunity to capitalize on assumable low-interest rate financing (3.75%) with significant term remaining (maturity in 2031).
  • Presents potential for rent growth and value appreciation in a market with rising rental rates and limited new supply.

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 12,558 SF
No. Stories 2
Year Built 1957
Parking Ratio 1.27/1,000 SF
Zoning No Zoning - Not currently zoned

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet

Property Taxes

Property Taxes

Parcel Number
070-001469
Land Assessment
$87,500
Improvements Assessment
$233,660
Total Assessment
$321,160
  • Listing ID: 33251002

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 1477-1491 W Lane Ave, Columbus, OH 43221

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