419-435 N Ohio Avenue, Columbus, OH

Name: 419-435 N Ohio Avenue, For Sale in Columbus - Zoocasa
Brand: Keller Williams Consultants
SKU: 226027286
Price: 1500000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,500,000

000

MLS® 226027286

Overview

Key Facts

Type Townhouse

Levels Residential Income

Size -

Garage No

Maintenance Fees $8,819

Taxes $12,466

Days Active 0

Approx. Age 1900

MLS® Number 226027286

Property Address: 419-435 N Ohio Avenue, Columbus, OH, 43203

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

Description

Invest in one of Downtown Columbus' most promising rental corridors with this 9-unit multifamily opportunity across the street from the King-Lincoln Bronzeville neighborhood. The multi-family asset features seven 2-bedroom units and two 3-bedroom units, offering an ideal unit mix for strong rental demand and long-term portfolio stability. The property benefits from a LIHTC tax abatement through 2028, with the potential to renew tax credits for up to an additional 30 years (subject to program qualifications and applicable regulations), creating an attractive opportunity for affordable housing investors. The property is also eligible for Section 8 housing, providing additional leasing flexibility and a reliable tenant pool. Major capital improvements include a new roof installed in 2022, helping reduce future maintenance costs. Positioned just minutes from Downtown Columbus, Nationwide Children's Hospital, Grant Medical Center, Franklin Park Conservatory, the Lincoln Theatre, and the rapidly expanding Near East Side, this location continues to benefit from significant public and private investment. King-Lincoln Bronzeville is celebrated for its rich cultural history, thriving arts scene, and convenient access to I-70, I-71, and I-670, making commuting throughout Central Ohio exceptionally convenient. The neighborhood has experienced continued revitalization with new residential development, restaurants, retail, and community investment while maintaining its historic character. Please do not disturb tenants. Owner is a licensed real estate agent in the State of Ohio.

MLS® Number226027286

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1900

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatForced Air

A/CWindow Unit(s)

Extras

Map

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