595 E Broad Street, Columbus, OH 43215

$3,299,999
Property Type: Multi-Family Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $3,299,999 List Date: 2/18/2026 Last Modified: 3/22/2026

Overview

Description

This fully renovated multifamily asset offers turnkey stability with modernized units that support premium rents, strong leasing velocity, and minimal near-term capital needs. This asset is unique in that it's historically proven to support multiple business plans to include short term, mid-term and conventional revenue models. A 12-year tax abatement enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout the hold period. For qualified purchasers, Seller is offering carryback financing with flexible terms, creating a more efficient capital structure and lowering the required equity at closing. This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor capital improvement plans, further supports stability of location and long-term growth projection. Curb offers only

Listing Details MLS# 226004639

Location Property Info

Original List Price
3400000
Property Sub Type
Midrise
Street #
595
Street PreDirection
E
Street Name
Broad
Street Suffix
Street
County
Franklin
State
OH
Zip Code
43215
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-02-18

General Property Info

Number of Units
18
# of Buildings
Yes
Total Parking
18
Building Sqft
15780
Year Built
1915
Built Prior to 1978
Yes
Acreage
0.22

Tax Info

Parcel #
010-000121
Tax Year
2024
Tax Abatement
Yes
Abatement End Date
2037-01-01
Taxes (Yrly)
13586

1 Bedroom

1 Bedroom # of Units
18

Expenses

R.E. Taxes
12376

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
209.13
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
This fully renovated multifamily asset offers turnkey stability with modernized units that support premium rents, strong leasing velocity, and minimal near-term capital needs. This asset is unique in that it's historically proven to support multiple business plans to include short term, mid-term and conventional revenue models. A 12-year tax abatement enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout the hold period. For qualified purchasers, Seller is offering carryback financing with flexible terms, creating a more efficient capital structure and lowering the required equity at closing. This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor capital improvement plans, further supports stability of location and long-term growth projection. Curb offers only

Income/Expenses

Gross Income
321713
Net Operating Income
148238
Total Expenses
173475

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Parking Features

Common
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Miscellaneous

Basement
Yes
W/D Hookups
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: Common Owner Pays: Sewer; Water Tenant Pays: Electricity Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Basement; W/D Hookups MLS Primary PhotoSrc: Realtor Provided
Listing Office: Verti Commercial Real Estate L
Listing Agent: Brett A Ludwig
Last Updated: March - 22 - 2026
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