1775 Alcoy Drive, Columbus, OH 43227

Columbus
Local realty services provided by:ERA Martin & Associates
1775 Alcoy Drive,Columbus, OH 43227
$900,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric j cliffel
Office: the columbus agents614-795-7655
MLS#:226024068
Source:OH_CBR

Price summary

  • Price:$900,000

About this home

Excellent opportunity to acquire a diversified Central Ohio investment portfolio consisting of 7 residential homes on 6 parcels, offered as a package for $900,000. The portfolio includes 20 bedrooms and 8 full bathrooms with a mix of stabilized cash flow and immediate value-add potential. Current gross rental income is $84,780 annually, with projected stabilized gross income of $117,960 annually once the two vacant properties are leased. The portfolio includes five income-producing properties and two vacant homes ready for immediate lease-up. Property mix includes slab and full basement homes, multiple garage-equipped properties, and one parcel featuring two separate rental homes (2220 Sale Rd.). Current leases include both month-to-month and long-term tenants, providing a balance of immediate income and future flexibility. Current rents include: 512 S. Hampton Rd. - $1,545/month (Month-to-Month) 1339 S. Yearling Rd. - $1,595/month (Lease through August 2026) 4498 E....

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Home facts

  • Year built:1950
  • Listing ID #:226024068
  • Added:2 day(s) ago
  • Updated:July 02, 2026 at 02:58 PM

Structure and exterior

  • Year built:1950

Finances and disclosures

  • Price:$900,000
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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