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Listed price in listed location currency (USD).
$1,275,000

000

MLS® 225039057

Overview

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage No
Maintenance Fees $3,587
Taxes $15,966
Days Active 199
Approx. Age 1925
MLS® Number 225039057

Property Address: 1116-1106-1116 Parsons Ave, Columbus, OH, 43206-2745

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 6-unit investment opportunity - Curb Offer Only - 100% Occupied. Fully renovated in 2022, this turnkey multifamily property offers stable cash flow and strong upside in a rapidly developing corridor just minutes from Downtown Columbus and Nationwide Children's Hospital. Situated on separate parcels, providing added flexibility for future refinancing, individual resale, or redevelopment potential. Major capital improvements completed 2023-2025, including full electrical panel replacements in all six units (May 2025, $15, 000 investment) bringing property to full code compliance and reducing insurance premiums from $700/month to $214/month -- approximately $5, 800 in annual expense savings and immediate NOI improvement. Additional updates include new furnaces (Units 1106, 1110, 1116), new dishwashers (1106, 1108, 1110, 1112, 1116), new washer & dryer in Unit 1110 (landlord-owned), new water heater (1110), and new A/C unit (1112). Well-maintained, income-producing asset with modern finishes, updated mechanicals, and strong rental demand. Ideal addition for investors seeking stabilized returns in a high-growth Columbus market. Serious inquiries only.
MLS® Number225039057
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 14, 2025List Date
$1,275,000List Price

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