1084 E Hudson Street, Columbus, OH 43211

$920,000
Property Type: Multi-Family Lot Size (sq. ft.): 11,761 Status: Closed
Current Price: $920,000 List Date: 9/18/2025 Last Modified: 3/10/2026

Overview

Description

1084 E Hudson St represents a rare mixed-use investment combining 13 residential units with a street-level retail tenant. Offered at $1.15M ($82k/unit including retail), this property gives investors a below-market entry basis with a strong repositioning story. The asset is currently underperforming, with most residential units needing renovation. However, market rents in Northeast Columbus/North Linden average over $1,200 per unit, providing a significant rent growth opportunity compared to the single occupied unit at $700/month. The retail tenant contributes $25k annually, providing income stability during the renovation period. At the asking price, the property supports an 11.3% pro forma cap rate, offering investors double-digit returns on a below-replacement-cost acquisition in a growth corridor of Columbus.

Listing Details MLS# 225035535

Location Property Info

Original List Price
1150000
Property Sub Type
Midrise
Street #
1084
Street PreDirection
E
Street Name
Hudson
Street Suffix
Street
County
Franklin
State
OH
Zip Code
43211
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2025-09-18

General Property Info

Number of Units
13
Building Sqft
2717
Year Built
1934
Built Prior to 1978
Yes
Acreage
0.27

Tax Info

Parcel #
010-100769
Zoning
UGN-1
Mult Parcels/Sch Dis
No
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
1494

Status Change Info

Under Contract Date
2026-03-05
Sold Date
2026-03-10
Sold Price/SqFt
338.61

1 Bedroom

1 Bedroom # of Units
12
1 Bedroom Month Rent Per Unit
700

More Information

2 Bedroom

2 Bedroom # of Units
Yes
2 Bedroom Month Rent Per Unit
0

Other

Other # of Units
Yes
Other Month Rent Per Unit
2100

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
423.26
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
1084 E Hudson St represents a rare mixed-use investment combining 13 residential units with a street-level retail tenant. Offered at $1.15M ($82k/unit including retail), this property gives investors a below-market entry basis with a strong repositioning story. The asset is currently underperforming, with most residential units needing renovation. However, market rents in Northeast Columbus/North Linden average over $1,200 per unit, providing a significant rent growth opportunity compared to the single occupied unit at $700/month. The retail tenant contributes $25k annually, providing income stability during the renovation period. At the asking price, the property supports an 11.3% pro forma cap rate, offering investors double-digit returns on a below-replacement-cost acquisition in a growth corridor of Columbus.

Income/Expenses

Gross Income
42000
Net Operating Income
27300
Total Expenses
18300

Addl Acceptance Cond

None Known
Yes

Alternate Uses

Commercial
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Alternate Uses: Commercial MLS Primary PhotoSrc: Realtor Provided
Listing Office: NAI Ohio Equities, Realtors
Listing Agent: Bastian Gehrer
Last Updated: March - 10 - 2026
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