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5780 N Meadows Blvd 6 Unit Apartment Building $820,000 ($136,667/Unit) 6.84% Cap Rate Columbus, OH 43229
Executive Summary
A rare opportunity to own a well-maintained 6-unit in N Meadows. All units are 2 bedroom and 1 bath townhome style units. This property is on its own parcel. Opportunity to condo out and sell individually for new owner. Columbus taxes! Roof is from 2021, Brand-New Hot Water Tanks, New HVAC systems that are serviced and maintained every year, has polished hardwood floor all throughout, water is sub-metered, Updated Windows, and all units have 100 amp electrical panels
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $820,000 | Apartment Style | Low-Rise |
| Price Per Unit | $136,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 6.84% | Building Size | 7,290 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.1/1,000 SF |
| Zoning | 863 - Multi-family, AR1, 1/6/1960, H-35 | ||
| Price | $820,000 |
| Price Per Unit | $136,667 |
| Sale Type | Investment |
| Cap Rate | 6.84% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,290 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | 863 - Multi-family, AR1, 1/6/1960, H-35 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 010-057474 | Total Assessment | $82,850 |
| Land Assessment | $15,120 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $67,730 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
010-057474
Land Assessment
$15,120
Improvements Assessment
$67,730
Total Assessment
$82,850
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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5780 N Meadows Blvd
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