1476-1506 King Avenue, 1476, Columbus, OH 43212

$5,280,000
Property Type: Multi-Family Lot Size (sq. ft.): 58,370 Status: Contingent
Current Price: $5,280,000 List Date: 5/20/2025 Last Modified: 5/30/2025

Description

Well-positioned along King Avenue between North Star Road and Northwest Boulevard, this 48-unit multifamily property offers strong value in a high-demand Columbus submarket. The site consists of four buildings, each with twelve 1-bedroom, 1-bathroom units ranging from 700 to 725 square feet. Each building includes a full basement with coin-operated laundry facilities and dedicated storage lockers for every unit. Located just minutes from The Ohio State University and offering convenient access to SR-315, SR-33, and I-670, the property is ideally suited for both students and professionals. Its close proximity to Grandview and Upper Arlington ensures residents enjoy a rich array of nearby amenities, including dining, shopping, and entertainment. With excellent connectivity, a prime location, and room for strategic enhancements, this asset presents a compelling opportunity for investors seeking long-term growth and portfolio expansion in one of the city's most sought-after neighborhoods. Financials available with signed NDA.

Supplements: ********

More Information MLS# 225017497

Location Property Info

Original List Price: 5200000 List Price: $5,280,000 Property Sub Type: Flat Street #: 1476-1506 Street Name: King Street Suffix: Avenue Unit/Suite #: 1476 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: Contingent MLS Entry Date: 2025-05-20

General Property Info

Number of Units: 48 # of Buildings: 4 Building Sqft: 33800 Year Built: 1955 Built Prior to 1978: Yes Acreage: 1.34 Use Code: 403 - APARTMENT:40+ UNITS

Tax Info

Parcel #: 010-061961 Mult Parcels/Sch Dis: No Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 59045

1 Bedroom

1 Bedroom # of Units: 48

Expenses

R.E. Taxes: 59045

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Owner Pays: Gas; Sewer; Trash; Water Tenant Pays: Electricity 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; Water Available Miscellaneous: Basement New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: RE/MAX Premier Choice
Listing Agent: Matthew Schirtzinger
Last Updated: May - 30 - 2025
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