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
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.
Supplements: ********
More Information MLS# 225018438
Location & Property Info
List Price/SqFt: 231.84
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Occupancy Rate: 100
Built Prior to 1978: Yes
Building Sqft: 9920
Assoc/Condo Fee: 0
Use Code: 550 - CONDOMINIUM RESIDENTIAL UNIT
Number of Units: 10
Year Built: 1920
Acreage: 0.1
Tax Info
Tax Abatement: Yes
Abatement End Date: 2038-03-16
Taxes (Yrly): 15547
Tax Incentive: No
Parcel #: 010-020655
Tax Year: 2024
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.
Status Change Info
Sold Price/SqFt: 212.9
Under Contract Date: 2025-07-08
Sold Date: 2025-08-29
Sold Price: $2,112,000
Income/Expenses
Gross Income: 228000
Net Operating Income: 40540.6
Total Expenses: 187459
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 10
2 Bedroom Month Rent Per Unit: 1850
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
On Street: 1
Common: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
Security System: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Other: 1
Air Conditioning
Central Air: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Location Property Info
Original List Price: 2299.9
Sold Price: $2,112,000
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
Status: Closed
MLS Entry Date: 2025-05-26
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 Berry
Last Updated: September - 09 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.
