For Sale
$829,900

867-871 Delaware Ave Columbus, OH 43215

Victorian Village Townhouse Trio, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional three-unit multifamily investment property, located at 867-871 Delaware Avenue in Columbus, Ohio's desirable Victorian Village, presents a rare opportunity. Built in 1904, this property boasts a total of three two-story units, each with a full basement, situated on a 5,227.2 square foot lot. The asking price is $829,900, translating to $275.17 per square foot. The property benefits from recent significant renovations and upgrades. Unit 867 is currently rented on a month-to-month basis. Unit 869 has a long-term tenant (25 years), with the lease expiring in January. Unit 871, recently renovated and unoccupied, features high-end finishes including a quartz waterfall kitchen counter, stainless steel appliances, hardwood floors, and porcelain details. Exterior improvements include new rear patios, fresh paint, and a new rubber roof installed in late 2023. New central air conditioning was added in 2024. Residents enjoy permit parking, and the property's prime location offers convenient walking access to Goodale Park and the Short North District. This meticulously maintained property offers a strong potential for immediate cash flow and long-term appreciation, making it an ideal addition to any investment portfolio. The property's unique character and desirable location ensure strong tenant demand.

Property Details for 867-871 Delaware Ave

Property type
Residential income homes, Apartment buildings
Year Built
1904
Units
3

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.979104
Longitude
-83.0132348

FAQs

What type of property is this?
Residential income home - Victorian Village Townhouse Trio, High ROI
Where is the residential income home located?
The property is located at 867-871 Delaware Ave Columbus, OH.
What is the asking price?
The asking price for this property is $829,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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867-871 Delaware Ave
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