217 W Hubbard Avenue, Columbus, OH 43215

Columbus
Local realty services provided by:ERA Martin & Associates
217 W Hubbard Avenue,Columbus, OH 43215
$749,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: elisa m lowe
Office: keller williams consultants614-932-2000
MLS#:226007726
Source:OH_CBR

Price summary

  • Price:$749,900

About this home

Victorian Village 4-Unit | $79K Income | 8% Cap | ADU / 5th Unit Potential Rare opportunity to acquire a brick four-unit located just one block from Goodale Park and approximately 5 blocks to the Short North Arts District. The property produces approximately $79,080 in current rental income with upside potential to over $92,000, offering an estimated 8% cap rate with pro-forma potential near 10% through rental optimization, supported by three units utilizing CMHA vouchers and one-bedroom payment standards in this ZIP code of approximately $1,969, the highest in Franklin County. Features four off-street parking spaces and on-site coin-operated laundry providing additional income. Current rents are $1,800, $1,645, $1,500, and one unit available for immediate lease-up, conservatively projected around $1,645 with additional upside potential. Rear parking offers additional value-add potential, as similar properties have added garage structures with residential units above, creating a...

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Home facts

  • Year built:1900
  • Listing ID #:226007726
  • Added:43 day(s) ago
  • Updated:April 28, 2026 at 02:46 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$749,900
  • Tax amount:$8,955

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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