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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