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786-792 Thomas Ave 6 Unit Apartment Building $685,800 ($114,300/Unit) Columbus, OH 43223
Investment Highlights
- 6) 2 Bed + 2 Bath units
- Rapidly revitalizing, historic neighborhood just south of downtown Columbus
- 3 units renovated, 3 units renovation partially completed
Executive Summary
6 unit apartment Complex - each unit is 2 bedroom/2 bathroom
Franklinton, Ohio, is a rapidly revitalizing, historic neighborhood just south of downtown Columbus, offering an arts-focused, urban-suburban mix popular with creatives and young professionals. Residents are drawn by affordable, diverse housing, a thriving arts scene (400 West Rich), unique breweries (Land Grant), proximity to COSI, and rapid development
3 units renovation complete
3 units have partial renovations complete
Exterior work still needs completed
12 parking spots onsite
Franklinton, Ohio, is a rapidly revitalizing, historic neighborhood just south of downtown Columbus, offering an arts-focused, urban-suburban mix popular with creatives and young professionals. Residents are drawn by affordable, diverse housing, a thriving arts scene (400 West Rich), unique breweries (Land Grant), proximity to COSI, and rapid development
3 units renovation complete
3 units have partial renovations complete
Exterior work still needs completed
12 parking spots onsite
Property Facts
| Price | $685,800 | Building Class | C |
| Price Per Unit | $114,300 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 5,436 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | Residential | ||
| Price | $685,800 |
| Price Per Unit | $114,300 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,436 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2026 |
| Opportunity Zone |
Yes |
| Zoning | Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | 906 |
1 1
Property Taxes
| Parcel Number | 010-030382 | Improvements Assessment | $133,250 |
| Land Assessment | $8,090 | Total Assessment | $141,340 |
Property Taxes
Parcel Number
010-030382
Land Assessment
$8,090
Improvements Assessment
$133,250
Total Assessment
$141,340
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786-792 Thomas Ave
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