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Speak Easy Lofts 1555-1563 N 4th St 6 Unit Apartment Building $1,700,000 ($283,333/Unit) 7.38% Cap Rate Columbus, OH 43201

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INVESTMENT HIGHLIGHTS

  • Fully leased apartment over commercial property
  • In an Opportunity Zone
  • Desirable, vibrant location near OSU, the Short North and downtown Columbus.
  • Completely renovated in 2019 down to the studs with high-end finishes
  • Strong historical performance in a high-demand rental market

EXECUTIVE SUMMARY

Brown Multifamily Advisors is pleased to exclusively offer for sale Speakeasy Lofts, located at 1555–1563 N 4th Street in Columbus, Ohio, a mixed-use, fully leased investment asset situated in the thriving University District just minutes from The Ohio State University and the Short North Arts District.
Originally constructed in 1920, the property underwent complete interior and exterior renovation that transformed it into a boutique urban destination combining modern loft-style apartments with street-level retail storefronts. The building totals 10,772 square feet across three stories and sits on a 0.16-acre parcel with 69 feet of frontage along North 4th Street, one of the area’s most heavily traveled corridors.
The three ground floor retail suites provide highly visible storefront opportunities at a signalized intersection, ideal for restaurants, service providers, or neighborhood retailers. The upper two floors contain luxury loft apartments featuring open floor plans, high ceilings, exposed brick, oversized windows and chef-inspired kitchens. Select units include private terraces or access to the shared rooftop deck, offering a competitive advantage in attracting students, young professionals, and urban renters seeking premium amenities in a walkable location. The property includes on-site parking for five vehicles, with additional street parking.
Speakeasy Lofts benefits from a diversified rent roll with 100% occupancy, ensuring consistent income generation. The investment opportunity represents a unique opportunity to acquire a turnkey, cash-flowing asset with strong upside potential in one of the Midwest’s fastest-growing metros.

PROPERTY FACTS

Price $1,700,000
Price Per Unit $283,333
Sale Type Investment
Cap Rate 7.38%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.16 AC
Building Size 10,751 SF
No. Stories 2
Year Built/Renovated 1920/2019
Parking Ratio 0.47/1,000 SF
Opportunity Zone Yes
Zoning C-4 - Retail/Apts Over Walk-Up
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-047250
Land Assessment
$36,270
Improvements Assessment
$269,090
Total Assessment
$305,360
  • Listing ID: 37902107

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 1555-1563 N 4th St, Columbus, OH 43201

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