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1501 Oakland Park Ave 8 Unit Apartment Building $900,000 ($112,500/Unit) Columbus, OH 43224
INVESTMENT HIGHLIGHTS
- 8 Units – 2-Bedroom, 1-Bathroom
- Low Expense Load, Self-Managed, Well-Maintained Building
- Off-Street Parking for Tenants
- Tenants Pay All Utilities, Separately Metered
- Strong in-Place Rents with Minor Room to Increase to Market
- Prime North Linden Location, Close to I-71, Downtown Columbus, OSU
EXECUTIVE SUMMARY
Situated along Oakland Park Avenue in the rapidly developing North Linden neighborhood, this property benefits from strong rental demand, excellent access to public transit, and proximity to major employment hubs. Less than 15 minutes to Downtown Columbus and within easy reach of the new Intel development corridor, this location continues to attract renters seeking affordability and convenience. Nearby amenities include Linden Community Center, local eateries, and parks, further enhancing its appeal to tenants.
PROPERTY FACTS
| Price | $900,000 | Building Class | C |
| Price Per Unit | $112,500 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 2.6/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R4 | ||
| Price | $900,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 10,000 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | R4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 780 |
1 1
PROPERTY TAXES
| Parcel Number | 010-075668 | Improvements Assessment | $115,640 |
| Land Assessment | $23,380 | Total Assessment | $139,020 |
PROPERTY TAXES
Parcel Number
010-075668
Land Assessment
$23,380
Improvements Assessment
$115,640
Total Assessment
$139,020
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1501 Oakland Park Ave
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