853 thurman Avenue, Columbus, OH 43206
$3,950,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$3,950,000
List Date:
7/05/2025
Last Modified:
7/17/2025
Description
Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.
Supplements: ********
More Information MLS# 225024684
Location & Property Info
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: Yes
General Property Info
# of Buildings: 3
Built Prior to 1978: Yes
Total Parking: 18
Number of Units: 12
Year Built: 1955
Tax Info
Addl Parcel Numbers: 1285-1291 S. Ohio Ave: 010-028145-00
1295 S. Ohio Ave: 010-028146-00
Tax Abatement: Yes
Abatement End Date: 2040-01-02
Taxes (Yrly): 3444.66
Tax Incentive: No
Parcel #: 010-028146-00
Remarks & Misc
Property Description: Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.
Income/Expenses
Gross Income: 386580
Net Operating Income: 269196
Total Expenses: 135889
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 3444
Property Insurance: 16490
Electricity Expense: 14400
Property Management: 38520
Gas Expense: 11520
Supplies: 6000
1 Bedroom
1 Bedroom # of Units: 4
2 Bedroom
2 Bedroom # of Units: 8
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
No Garage: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
Security System: 1
Alternate Uses
Other: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
Owner Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 3950000
List Price: $3,950,000
Property Sub Type: Townhouse
Street #: 853
Street Name: thurman
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43206
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-07-05
Property Features
Addl Acceptance Cond: None Known
Parking Features: No Garage
Owner Pays: Electric; Gas; Sewer; Trash; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; Security System
Alternate Uses: Other
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Valor Real Estate
Listing Agent: Nathan Jacob
Last Updated: July - 17 - 2025
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