82-84 Chittenden Avenue, Columbus, OH 43201
$1,599,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,599,000
List Date:
3/14/2025
Last Modified:
9/17/2025
Description
8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A.
See A2A remarks.
Supplements: ********
More Information MLS# 225007755
Location & Property Info
List Price/SqFt: 405.02
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 3948
Number of Units: 8
Year Built: 1900
Acreage: 0.14
Tax Info
Tax Abatement: No
Parcel #: 010-039685-00
Remarks & Misc
Property Description: 8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A.
See A2A remarks.
Status Change Info
Sold Price/SqFt: 405.02
Under Contract Date: 2025-08-28
Sold Date: 2025-09-16
Sold Price: $1,599,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 15
Heat Fuel
Electric: 1
Sewer
Public Sewer: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Hot Water: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1700000
Sold Price: $1,599,000
Property Sub Type: Mixed Use
Street #: 82-84
Street Name: Chittenden
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: Franklin
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-03-13
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Electric
Heating: Hot Water
Air Conditioning: Central Air
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Roby Realty
Listing Agent: Luana Antoniuk
Last Updated: September - 17 - 2025
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