409 Ryan Avenue, Columbus, OH 43223
$425,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
15,246
Status:
Contingent
Current Price:
$425,000
List Date:
4/16/2026
Last Modified:
4/27/2026
Overview
Description
409 Ryan Avenue offers an opportunity to add 7 affordable units to your portfolio and cash flow from day one! Remodeled units (4 of the 7) offer fresh paint, LVP flooring, tile showers and newer appliances and are renting at $695 each! The other units provide stable tenants and an opportunity to put your own vision to life. Gross rent exceeding $50,000 per year! Low maintenance, dedicated lot for off street parking and a new roof in 2025!
Listing Details MLS# 226012264
Location Property Info
- Original List Price
- 425000
- Property Sub Type
- Flat
- Street #
- 409
- Street Name
- Ryan
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43223
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-04-16
General Property Info
- Number of Units
- 7
- Building Sqft
- 2940
- Year Built
- 1950
- Built Prior to 1978
- Yes
- Acreage
- 0.35
Tax Info
- Parcel #
- 010-059794
- Tax Year
- 2024
- Tax Abatement
- No
- Taxes (Yrly)
- 3645
Efficiency
- Efficiency # of Units
- 7
Expenses
- R.E. Taxes
- 3682.34
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 144.56
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- 409 Ryan Avenue offers an opportunity to add 7 affordable units to your portfolio and cash flow from day one! Remodeled units (4 of the 7) offer fresh paint, LVP flooring, tile showers and newer appliances and are renting at $695 each! The other units provide stable tenants and an opportunity to put your own vision to life. Gross rent exceeding $50,000 per year! Low maintenance, dedicated lot for off street parking and a new roof in 2025!
Income/Expenses
- Gross Income
- 53760
- Net Operating Income
- 50078
- Total Expenses
- 3682.34
Addl Acceptance Cond
- None Known
- Yes
Construction
- Block
- Yes
- Stucco
- Yes
Heat Fuel
- Electric
- Yes
Parking Features
- 2 Off Street
- Yes
- On Street
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- Electricity
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Off Street; On Street
Owner Pays:
Sewer; Water
Tenant Pays:
Electricity
Heat Fuel:
Electric
Construction:
Block; Stucco
Sewer:
Public Sewer
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Bradley Clarizio
Last Updated: April - 27 - 2026
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 2026 Columbus Board of Realtors. All rights reserved.