1470 King Avenue, Columbus, OH 43212

$1,035,000
Property Type: Multi-Family Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $1,035,000 List Date: 5/20/2025 Last Modified: 7/16/2025

Description

This well-located 12-unit property on King Avenue is nestled between North Star Road and Northwest Boulevard in one of Columbus's most desirable neighborhoods. The building includes 11 thoughtfully designed one-bedroom, one-bathroom units, each approximately 550 square feet. One unit has been converted into a shared laundry facility, providing added convenience for tenants. Just minutes from The Ohio State University and with quick access to SR-315, SR-33, and I-670, the property offers strong appeal to both students and professionals. Residents enjoy proximity to Grandview and Upper Arlington, with a wide array of dining, retail, and entertainment options nearby. In addition to its prime location, the site features approximately .11 acres of green space, offering potential for added parking or tenant amenities. With solid fundamentals and value-add potential, this asset presents an excellent opportunity for investors seeking to grow their portfolio in a high-demand submarket. Financials available with signed NDA agreement.

Supplements: ********

More Information MLS# 225017496

Location Property Info

Original List Price: 1200000 Sold Price: $1,035,000 Property Sub Type: Flat Street #: 1470 Street Name: King Street Suffix: Avenue County: Franklin State: OH Zip Code: 43212 Subdiv/Cmplx/Comm: Fifth By Northwest School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2025-05-20

General Property Info

Number of Units: 11 # of Buildings: 1 Building Sqft: 6600 Year Built: 1960 Built Prior to 1978: Yes Acreage: 0.35 Use Code: 401 - APARTMENT:4-19 UNITS

Tax Info

Parcel #: 010-062042 Mult Parcels/Sch Dis: No Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 15800 Tax Incentive: No

Status Change Info

Under Contract Date: 2025-07-16 Sold Date: 2025-07-16 Sold Price: $1,035,000 Sold Price/SqFt: 156.82

1 Bedroom

1 Bedroom # of Units: 11 1 Bedroom Month Rent Per Unit: 550

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas; Water Heating: Forced Air Air Conditioning: Window Unit(s) Construction: Brick Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available MLS Primary PhotoSrc: Realtor Provided
Listing Office: RE/MAX Premier Choice
Listing Agent: Matthew Schirtzinger
Last Updated: July - 16 - 2025
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