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Olde Towne East Condominium Portfolio 2 Multifamily Properties Offered at $4,900,000 in Columbus, OH



Investment Highlights
- Sixteen individually deeded condominium units offered in one transaction.
- Townhouse-style residences feature private entrances and brick architecture.
- Separate deeds and tax parcels provide ownership flexibility.
- Portfolio has been self-managed by the same ownership for approximately 15 years.
- Located near Downtown Columbus and Nationwide Children’s Hospital.
- Close to major employers, universities, healthcare, and transportation corridors.
Executive Summary
Olde Towne East Condominium Portfolio presents the opportunity to acquire sixteen individually deeded townhouse-style condominium residences in a single transaction within one of Columbus’ most established urban neighborhoods. Unlike a conventional apartment asset held under a single parcel, each residence is separately deeded and separately assessed, creating ownership flexibility while maintaining the operational advantages of a unified rental portfolio. The property has been self-managed by the same ownership group for approximately fifteen years and benefits from an established rental history, operational continuity, and a resident base drawn from multiple employment sectors throughout the Columbus market.
The portfolio is positioned in Olde Towne East near Downtown Columbus, Nationwide Children’s Hospital, Capital University, Bexley, and several major employment centers. Residents benefit from convenient access to healthcare, education, government, finance, technology, insurance, and professional-service employers. The location also provides connectivity to German Village, Franklin Park, The Ohio State University, and John Glenn Columbus International Airport, supporting long-term housing demand from a broad renter demographic.
The attached townhouse residences feature private entrances, traditional brick architecture, hardwood flooring, exposed brick elements, and practical multi-bedroom floor plans. Ownership reports that units have received improvements during the current holding period, including updated kitchens and bathroom finishes. The condominium structure provides potential flexibility for continued portfolio operation, selective unit disposition, hybrid hold-and-sell strategies, or future portfolio resale, subject to governing documents, market conditions, tenant rights, and applicable legal requirements. The combination of existing rental operations, individually deeded ownership structure, and proximity to major Columbus demand drivers distinguishes the offering within the local multifamily investment market.
The portfolio is positioned in Olde Towne East near Downtown Columbus, Nationwide Children’s Hospital, Capital University, Bexley, and several major employment centers. Residents benefit from convenient access to healthcare, education, government, finance, technology, insurance, and professional-service employers. The location also provides connectivity to German Village, Franklin Park, The Ohio State University, and John Glenn Columbus International Airport, supporting long-term housing demand from a broad renter demographic.
The attached townhouse residences feature private entrances, traditional brick architecture, hardwood flooring, exposed brick elements, and practical multi-bedroom floor plans. Ownership reports that units have received improvements during the current holding period, including updated kitchens and bathroom finishes. The condominium structure provides potential flexibility for continued portfolio operation, selective unit disposition, hybrid hold-and-sell strategies, or future portfolio resale, subject to governing documents, market conditions, tenant rights, and applicable legal requirements. The combination of existing rental operations, individually deeded ownership structure, and proximity to major Columbus demand drivers distinguishes the offering within the local multifamily investment market.
Property Facts
| Price | $4,900,000 | Number of Properties | 2 |
| Price / SF | $284.64 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 17,215 SF |
| Status | Active | Total Land Area | 0.13 AC |
| Price | $4,900,000 |
| Price / SF | $284.64 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,215 SF |
| Total Land Area | 0.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 244 S Monroe Ave, Columbus, OH 43205 | Multifamily | 8,650 SF | 1931 | - |
| 254 S Monroe Ave, Columbus, OH 43205 | Multifamily | 8,565 SF | 1935 | - |
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Olde Towne East Condominium Portfolio
