369 S 17th Street, Columbus, OH 43205
$2,112,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$2,112,000
List Date:
5/26/2025
Last Modified:
9/09/2025
Overview
Description
Exceptional Turnkey 10-Unit Investment Portfolio - Tax Abated Until 2038! Welcome to a rare investment opportunity featuring ten fully occupied 2-bedroom, 1-bathroom units strategically located near Nationwide Children's Hospital in Downtown Columbus. This professionally updated portfolio spans 792-800 E Mound St and 361-369 S 17th St, offering strong, stable cash flow with minimal maintenance required.
This is a prime, low-maintenance portfolio with built-in cash flow and long-term upside. Whether you're a seasoned investor or entering the multifamily space, this asset checks all the boxes.
Listing Details MLS# 225018438
Location Property Info
- Original List Price
- 2299.9
- Property Sub Type
- Townhouse
- Street #
- 369
- Street PreDirection
- S
- Street Name
- 17th
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43205
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2025-05-26
General Property Info
- Number of Units
- 10
- Building Sqft
- 9920
- Year Built
- 1920
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Acreage
- 0.1
- Use Code
- 550 - CONDOMINIUM RESIDENTIAL UNIT
- Assoc/Condo Fee
- 0
Tax Info
- Parcel #
- 010-020655
- Tax Year
- 2024
- Tax Abatement
- Yes
- Abatement End Date
- 2038-03-16
- Taxes (Yrly)
- 15547
- Tax Incentive
- No
Status Change Info
- Under Contract Date
- 2025-07-08
- Sold Date
- 2025-08-29
- Sold Price/SqFt
- 212.9
2 Bedroom
- 2 Bedroom # of Units
- 10
- 2 Bedroom Month Rent Per Unit
- 1850
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Sale Info
- Seller Assisted Fin
- N
- Seller/Buyer Concessions
- N
Location & Property Info
- List Price/SqFt
- 231.84
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Exceptional Turnkey 10-Unit Investment Portfolio - Tax Abated Until 2038! Welcome to a rare investment opportunity featuring ten fully occupied 2-bedroom, 1-bathroom units strategically located near Nationwide Children's Hospital in Downtown Columbus. This professionally updated portfolio spans 792-800 E Mound St and 361-369 S 17th St, offering strong, stable cash flow with minimal maintenance required. This is a prime, low-maintenance portfolio with built-in cash flow and long-term upside. Whether you're a seasoned investor or entering the multifamily space, this asset checks all the boxes.
Income/Expenses
- Gross Income
- 228000
- Net Operating Income
- 40540.6
- Total Expenses
- 187459
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- On Street
- Yes
- Common
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Basement
- Yes
- Security System
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Other
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
On Street; Common
Owner Pays:
Sewer; Trash; Water
Tenant Pays:
Electricity; Gas
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Brick
Water Source:
Public
Sewer:
Public Sewer
Miscellaneous:
Basement; Security System
New Financing:
Other
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
e-Merge Real Estate
Listing Agent:
Summer D Berry
Last Updated: September - 09 - 2025
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