1500 Fairview Avenue, Columbus, OH 43212

Columbus
Local realty services provided by:ERA Martin & Associates
1500 Fairview Avenue,Columbus, OH 43212
$900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew t schirtzinger
Office: re/max premier choice
MLS#:226003167
Source:OH_CBR

Price summary

  • Price:$900,000

About this home

Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes. 3,576 SF , 4 two bedroom units with a brick 4-car garage. Current rents: • Three updated units averaging $1,600/month • One long-term tenant at $800/month • Tenants pay all utilities Based on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1,800 for updated units). Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus' most walkable rental corridors. Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities. Ideal for: • Investor seeking stable in-place income with upside • 1031 exchange buyer • Owner looking to...

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Home facts

  • Year built:1955
  • Listing ID #:226003167
  • Added:51 day(s) ago
  • Updated:March 20, 2026 at 02:48 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1955
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$900,000
  • Tax amount:$10,594

Parking

  • Total parking spaces:4
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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