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Ashland Avenue Duplex Portfolio 8 Properties Offered at $2,800,000 in Columbus, OH



Investment Highlights
- 6-building, 12-unit duplex portfolio off of W 5th Avenue
- Minutes from OSU with access to SR-315, SR-33, I-670, and I-70
- Strong value-add potential in a supply-constrained submarket
- Upside potential through rent growth and capital improvements
- Near Grandview Heights and Upper Arlington amenities
- Rare opportunity for investors to scale holdings
Executive Summary
Elford Realty and RE/MAX Premier Choice are proud to present a well-positioned portfolio of six two-story duplexes comprising 12 residential units along with an adjacent vacant lot, conveniently located along Ashland Avenue between West 5th Avenue and King Avenue.
Five duplexes feature two-bedroom, one-bathroom units, each with a private full basement and washer/dryer hookups. The sixth duplex includes a one-bedroom, one-bathroom first-floor unit and a two-bedroom, one-bathroom second-floor unit, with washer/dryer hookups located in the shared basement.
Currently averaging $1.17 per square foot in rent, the portfolio offers meaningful upside through continued rent growth and targeted capital improvements.
Located just minutes from The Ohio State University, the properties provide convenient access to SR-315, US-33, and I-670. Proximity to Grandview Heights and Upper Arlington places residents near an extensive selection of dining, retail, entertainment, and lifestyle amenities, positioning the portfolio within one of Columbus’ most desirable rental markets.
With strong value-add potential in a supply-constrained submarket, this offering presents a rare opportunity for investors to expand their holdings and achieve meaningful scale. Financial information, a detailed rent roll, and interior photographs are available upon execution of a confidentiality agreement.
Five duplexes feature two-bedroom, one-bathroom units, each with a private full basement and washer/dryer hookups. The sixth duplex includes a one-bedroom, one-bathroom first-floor unit and a two-bedroom, one-bathroom second-floor unit, with washer/dryer hookups located in the shared basement.
Currently averaging $1.17 per square foot in rent, the portfolio offers meaningful upside through continued rent growth and targeted capital improvements.
Located just minutes from The Ohio State University, the properties provide convenient access to SR-315, US-33, and I-670. Proximity to Grandview Heights and Upper Arlington places residents near an extensive selection of dining, retail, entertainment, and lifestyle amenities, positioning the portfolio within one of Columbus’ most desirable rental markets.
With strong value-add potential in a supply-constrained submarket, this offering presents a rare opportunity for investors to expand their holdings and achieve meaningful scale. Financial information, a detailed rent roll, and interior photographs are available upon execution of a confidentiality agreement.
Property Facts
| Price | $2,800,000 | Number of Properties | 8 |
| Price / SF | $303.10 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 9,238 SF |
| Status | Active | Total Land Area | 1.81 AC |
| Price | $2,800,000 |
| Price / SF | $303.10 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 9,238 SF |
| Total Land Area | 1.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1617 Ashland Ave, Columbus, OH 43212 | Land | 0.09 AC | - | - |
| 000 Ashland Ave, Columbus, OH 43212 | Land | 0.09 AC | - | - |
| 1621-1623 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,754 SF | 1920 | - |
| 1595-1597 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,510 SF | 1950 | - |
| 1603-1605 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,510 SF | 1950 | - |
| 1589-1591 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,488 SF | 1950 | - |
| 1611-1613 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,488 SF | 1950 | - |
| 1625-1627 Ashland Ave, Columbus, OH 43212 | Multifamily | 1,488 SF | 1950 | - |
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Ashland Avenue Duplex Portfolio
