76-78 Barthman AveColumbus, OH 43207

Property Details for 76-78 Barthman Ave

Year built

1924

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This Columbus, Ohio investment property, located at 76-78 E Barthman Avenue, presents a compelling value-add opportunity. The property is a two-unit duplex, built in 1924, situated on a substantial 10,018.8 square foot double lot in the 43207 zip code. Asking price is $205,000, translating to $84.99 per square foot. One unit (78 E Barthman) underwent a remodel and was recently rented, while the other (76 E Barthman) is ready for renovation, down to the studs. Each unit features three bedrooms and one bathroom, with sizable, unfinished basements offering potential for expansion. A new roof was installed in 2019. The property's location offers convenient access to Nationwide Children's Hospital, German Village, and Downtown Columbus, benefiting from the area's growth spurred by developments like The Fort on S. High Street and warehouses on S. Parsons Avenue. The large lot presents additional development possibilities, such as subdividing and selling the land separately or constructing another building. The property is being sold as-is. This presents a unique chance to capitalize on the area's upward trajectory and create significant return on investment.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9244

Longitude

-82.9932

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