390-404 Edinburgh Road, Dublin, OH 43017 (MLS# 225020340)

390-404 Edinburgh Road, Dublin, OH 43017

$1,850,000

Property Type: Multi-Family Status: Contingent

Current Price: $1,850,000 List Date: 6/06/2025 Last Modified: 11/12/2025

Description

EXCEPTIONAL DUBLIN INVESTMENT OPPORTUNITY - 8 Townhomes! All units are two-bedroom, one-and-a-half-bath townhomes with basements and garages spread across eight separate parcels in a highly sought-after Dublin location. The current average rent is $1,186, with individual unit rents ranging from $880 to $1,400. Market rents in this high-demand area are estimated between $1,400-$1,600, providing a clear opportunity for increased cash flow. Most tenants are on month-to-month leases, allowing the new owner flexibility to adjust rents to market rates for a stronger return on investment. PLEASE DO NOT DISTURB RESIDENTS IN OCCUPIED UNITS.

Supplements: ********

More Information MLS# 225020340

Location & Property Info

List Price/SqFt: 225.83 City (Mailing Addr): Dublin Corp LimitPerAuditor: Dublin Dist To Intersxn: 1

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

# of Buildings: 8 Occupancy Rate: 87 Built Prior to 1978: No Total Parking: 16 Off Street Parking Spaces: 16 Building Sqft: 8192 Lot Size (Side): irr Use Code: 551 - OTHER RESIDENTIAL Number of Units: 8 Year Built: 1980

Tax Info

Zoning: PUD Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 273-002487, 273-002488, 273-002489, 273-002490, 273-002491, 273-002492, 273-,002493, 273-002488 Tax Abatement: No Taxes (Yrly): 39304 Parcel #: 273-002486 Tax Year: 2024

Remarks & Misc

Property Description: EXCEPTIONAL DUBLIN INVESTMENT OPPORTUNITY - 8 Townhomes! All units are two-bedroom, one-and-a-half-bath townhomes with basements and garages spread across eight separate parcels in a highly sought-after Dublin location. The current average rent is $1,186, with individual unit rents ranging from $880 to $1,400. Market rents in this high-demand area are estimated between $1,400-$1,600, providing a clear opportunity for increased cash flow. Most tenants are on month-to-month leases, allowing the new owner flexibility to adjust rents to market rates for a stronger return on investment. PLEASE DO NOT DISTURB RESIDENTS IN OCCUPIED UNITS.

Income/Expenses

Gross Income: 103815 Net Operating Income: 37532 Total Expenses: 66283

Addl Acceptance Cond

None Known: 1

Financials

Gross Rental Income: 103815

Expenses

R.E. Taxes: 39304 Repairs&Maintenance: 26979

2 Bedroom

2 Bedroom # of Units: 8 2 Bedroom Month Rent Per Unit: 1186

Construction

Stucco: 1

Heat Fuel

Gas: 1

Parking Features

1 Car Garage: 1 2 Off Street: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Miscellaneous

Basement: 1 Garages: 1

Tenant Pays

Gas: 1 Water: 1 Electricity: 1

Alternate Uses

Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1850000 List Price: $1,850,000 Property Sub Type: Townhouse Street #: 390-404 Street Name: Edinburgh Street Suffix: Road County: Franklin State: OH Zip Code: 43017 Subdiv/Cmplx/Comm: Edinburgh Condo School District: DUBLIN CSD 2513 FRA CO. Township: Washington

OfficeContract Info

Status: Contingent MLS Entry Date: 2025-06-06

Property Features

Addl Acceptance Cond: None Known Parking Features: 1 Car Garage; 2 Off Street Tenant Pays: Electricity; Gas; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Stucco Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Miscellaneous: Basement; Garages Alternate Uses: Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Keller Williams Capital Ptnrs

Listing Agent: Joseph C Jackson

Last Updated: November - 12 - 2025

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