3244 E 5th Avenue, Columbus, OH 43219

Property Description

Turnkey 3-unit apartment building positioned directly near the transformational $2 billion John Glenn Columbus International Airport expansion and redevelopment project! This high-growth location places the property in the path of continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side. The asset features long-term tenants with an excellent payment history, providing immediate and reliable cash flow for investors seeking a stable multifamily property with future upside potential. With minimal deferred maintenance and 2,484 finished square feet consisting of one 1bed/1ba ($800), one 2bed/1ba ($832), and one 3bed/1ba ($1325). This is a strong turnkey addition to any portfolio. Beyond its current performance as a long-term rental, the property is exceptionally well positioned for future mid-term or short-term rental use due to its close proximity to the airport, downtown Columbus, and major employment hubs. The surrounding airport expansion is expected to drive continued demand from traveling professionals, airline personnel, contractors, and visitors seeking convenient accommodations near one of the region's largest infrastructure investments. 3244 E Fifth Ave offers investors the rare combination of in-place income, strategic location, and long-term growth potential in one of Columbus' rapidly evolving corridors.

Listing Status:

Active

Date Added:

July 31, 2026

Data Last Updated:

August 5, 2026 at 10:36PM

Listing Office:

Forge Real Estate Advisors LLC : 614-665-5793

Listing Agent:

David Spurlock : 614-656-1316

MLS ID:

226028964

Interior

• A/C: Central AirWindow Unit(s)
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 6

Construction

• General: FrameVinyl Siding

Location

• Originating MLS: Columbus and Central Ohio Regional MLS
• School District: COLUMBUS CSD 2503 FRA CO.
• County: Franklin

Lot

• Zoning: 010-066638

Utilities

• Utilities: Electricity AvailableNatural Gas AvailableSewer AvailableStorm SewerWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Columbus and Central Ohio Regional MLS