106 S Warren Avenue, 112, Columbus, OH 43204

$229,900
Property Type: Multi-Family Lot Size (sq. ft.): 6,534 Status: Pending
Current Price: $229,900 List Date: 3/20/2026 Last Modified: 4/03/2026

Overview

Description

Turnkey investment opportunity with strong upside potential! This solid 1-story brick building features four 1-bedroom, 1-bath units, offering a straightforward and desirable layout for tenants. Currently, three units are occupied with rents of $600, $595, and $195 (the $195 tenant assists with property maintenance), while one unit is vacant, providing immediate opportunity for an owner to increase cash flow. The property is significantly under-rented, with CMHA rents in the area reaching up to $1,166 including utilities, presenting a clear path to substantial income growth. With its durable brick construction and manageable unit mix, this property is ideal for investors looking to stabilize, increase rents, and maximize returns. Whether you're expanding your portfolio or seeking a value-add opportunity, this property offers excellent income potential in a proven rental market. Don't miss your chance to capitalize on this high-upside, income-producing asset!

Listing Details MLS# 226008369

Location Property Info

Original List Price
229900
Property Sub Type
Flat
Street #
106
Street PreDirection
S
Street Name
Warren
Street Suffix
Avenue
Unit/Suite #
112
County
Franklin
State
OH
Zip Code
43204
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-03-20

General Property Info

Number of Units
4
Building Sqft
4444
Year Built
1956
Built Prior to 1978
Yes
Acreage
0.15

Tax Info

Parcel #
010-001354
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
3141

Status Change Info

Under Contract Date
2026-04-02

1 Bedroom

1 Bedroom # of Units
4

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
51.73
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Turnkey investment opportunity with strong upside potential! This solid 1-story brick building features four 1-bedroom, 1-bath units, offering a straightforward and desirable layout for tenants. Currently, three units are occupied with rents of $600, $595, and $195 (the $195 tenant assists with property maintenance), while one unit is vacant, providing immediate opportunity for an owner to increase cash flow. The property is significantly under-rented, with CMHA rents in the area reaching up to $1,166 including utilities, presenting a clear path to substantial income growth. With its durable brick construction and manageable unit mix, this property is ideal for investors looking to stabilize, increase rents, and maximize returns. Whether you're expanding your portfolio or seeking a value-add opportunity, this property offers excellent income potential in a proven rental market. Don't miss your chance to capitalize on this high-upside, income-producing asset!

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: Rich Russo Realty & Co.
Listing Agent: Richard Russo
Last Updated: April - 03 - 2026
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