217 W Hubbard Avenue, Columbus, OH 43215

Columbus
Local realty services provided by:ERA Real Solutions Realty
217 W Hubbard Avenue,Columbus, OH 43215
$749,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: elisa m lowe
Office: keller williams consultants
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:1 day(s) ago
  • Updated:March 17, 2026 at 10:33 AM

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 Real Solutions Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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