1. Ohio
  2. Columbus
  3. 1309 -1319 Fair Avenue
$2,399,000

1309 -1319 Fair Avenue, Columbus, OH 43205

  • Property Icon Condominium
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Introducing a stabilized 20-unit multifamily asset located in desirable Franklin Park. Two ten-unit buildings on two parcels, featuring a unit mix of 8 spacious two bedroom units and 12 efficient one-bedroom units. The property has undergone recent upgrades which include exterior painting, landscaping, renovated kitchens and bathrooms, refreshed parking lot, new commercial entry doors and an inviting pergola that enhances curb appeal and resident satisfaction. This asset offers fully occupied cash flow, with huge upside for value add with strong tenant demand. With rents positioned well below market, this rare opportunity to acquire a turn key building with both in place income and a value add upside. Ideal for investors seeking immediate returns with long-term growth potential in a rapidly appreciating market. Please DO NOT disturb tenants. Tours can be coordinated upon receipt of acceptable LOI

Listing Status:
Active
Date Added:
June 5, 2025 at 05:00AM
Listing Office:
Mainstream Realty Pros : mainstreamrealtypros@gmail.com
Listing Agent:
Aaron J McDaniel : 614-378-2752
MLS ID:
225020194
  • A/C:
  • Heating: Forced Air

This listing courtesy of Aaron J McDaniel, Mainstream Realty Pros

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Special Education Center

1490 E Main St, Columbus, OH, 43205

Grades PK-12

0.48 miles away

C

Columbus City Preparatory School for Girls

1390 Bryden Rd, Columbus, OH, 43205

Grades 6-8

0.19 miles away

E

East High School

1500 E Broad St, Columbus, OH, 43205

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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