6900-6928 Gemstar Road, Reynoldsburg, OH 43068
New Listing
$1,595,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
33,977
Status:
Active
Current Price:
$1,595,000
List Date:
1/23/2026
Last Modified:
1/23/2026
Description
Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations.
Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen.
The townhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy.
An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market.
Curb offers only. Please do not disturb tenants.
Supplements: ********
More Information MLS# 226002293
Location & Property Info
List Price/SqFt: 670.17
City (Mailing Addr): Reynoldsburg
Corp LimitPerAuditor: Columbus
Dist To Intersxn: 2
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 4
Built Prior to 1978: No
Total Parking: 19
Building Sqft: 2380
Number of Units: 8
Year Built: 1987
Acreage: 0.78
Tax Info
Tax Abatement: No
Taxes (Yrly): 11549
Parcel #: 530-210669
Tax Year: 2024
Remarks & Misc
Property Description: Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations.
Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen.
The townhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy.
An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market.
Curb offers only. Please do not disturb tenants.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Construction
Block: 1
Frame: 1
Vinyl Siding: 1
3 Bedroom
3 Bedroom # of Units: 8
3 Bedroom Month Rent Per Unit: 1500
Heat Fuel
Gas: 1
Parking Features
1 Car Garage: 1
Attached Garage: 1
Common: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
Garages: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 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: 1595000
List Price: $1,595,000
Property Sub Type: Duplex
Street #: 6900-6928
Street Name: Gemstar
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43068
Subdiv/Cmplx/Comm: Independence Village
School District: GROVEPORT MADISON LSD 2507 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-01-23
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Attached Garage; Common
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Block; Frame; Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; Garages; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Benjamin Thomas Hemmert
Last Updated: January - 23 - 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 2025 Columbus Board of Realtors. All rights reserved.