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

Overview

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.

Listing Details MLS# 225007755

Location Property Info

Original List Price
1700000
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

MLS Entry Date
2025-03-13

General Property Info

Number of Units
8
Building Sqft
3948
Year Built
1900
Built Prior to 1978
Yes
Acreage
0.14

Tax Info

Parcel #
010-039685-00
Tax Abatement
No

Status Change Info

Under Contract Date
2025-08-28
Sold Date
2025-09-16
Sold Price/SqFt
405.02

1 Bedroom

1 Bedroom # of Units
15

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
405.02
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Heat Fuel

Electric
Yes

Sewer

Public Sewer
Yes

Heating

Hot Water
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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