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Listed price in listed location currency (USD).
$749,900

004

MLS® 226007726

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $8,955
Days Active 14
Approx. Age 1900
MLS® Number 226007726

Property Address: 217 W Hubbard Ave, Columbus, OH, 43215-6500

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

Description

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 potential fifth unit and additional income, subject to zoning and city approvals. Also ideal for an owner-occupant or first-time investor to leverage low down payment financing and strong rental income to offset housing costs while beginning a real estate portfolio.
MLS® Number226007726
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

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$749,900List Price
Dec 18, 2023End Date
$665,000Sold Price

Sold

Nov 24, 2023List Date
$665,000List Price
  • Commute

Commute

Starting Address
Destination Address
217 W Hubbard Ave, Columbus, OH

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