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85-91 W 1st Ave
Columbus, OH 43201
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Steps from Goodale Park, High Street, and a variety of local amenities
- Flexibility for Short Term, Mid Term, or Long Term rental strategies
- Recently Updated
EXECUTIVE SUMMARY
Exceptional investment property in the highly sought-after Victorian Village neighborhood, just steps from Goodale Park, High Street, and a variety of local amenities. This newly updated multifamily property features four 2-bedroom, 1-bath townhome units, each with renovated kitchens and bathrooms, spacious living areas, air conditioning, washer/dryer hookups, and ample basement storage. Unit 85 is currently leased at $1,495 through 9/30/2026, while the remaining three units are vacant—providing flexibility for short-term, mid-term, or long-term rental strategies. Located in one of Columbus's most desirable areas with strong appreciation potential, this property is ideal for investors seeking a reliable, long-term asset. Additionally, ownership is in the process of separating all four parcels into individual condos, offering even more opportunities for the next owner. Can be packaged with 83 W 1st Avenue.
PROPERTY FACTS
| Price Per Unit | $237,500 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 3,888 SF |
| No. Units | 4 | Average Occupancy | 25% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Townhome | Parking Ratio | 1.03/1,000 SF |
| Building Class | C |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,888 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 1.03/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 010-021733 | Improvements Assessment | $127,650 |
| Land Assessment | $25,900 | Total Assessment | $153,550 |
PROPERTY TAXES
Parcel Number
010-021733
Land Assessment
$25,900
Improvements Assessment
$127,650
Total Assessment
$153,550
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