1264 S High St - Apartments FOR SALE


Columbus, OH 43206- Merion Village
$3,995,000 USD
614-425-4066
1264 S High St, Columbus, OH for Sale
$3,995,000 USD
Apartments - FOR SALE
1/27
null | 6.53% Cap Rate

1264 S High St
Columbus, OH 43206
Merion Village


HIGHLIGHTS

  • Pending 15-year tax abatement
  • Updated in 2025
  • 16 - 2 bedroom townhomes
  • 2 - 2 bedroom flats
  • 2 - retail/commercial spaces
  • Close proximity to German Village, Downtown Columbus, Nationwide Children's Hospital

OVERVIEW

LIM Realty Group is pleased to present 1264–1270 S. High Street, a newly completed 20-unit mixed-use property located in the heart of Merion Village, one of Columbus’s most desirable and walkable neighborhoods. The asset features 18 residential units and 2 commercial spaces, offering investors a fully repositioned, turn-key opportunity in a high-growth submarket. The Property is comprised of two buildings separated by a landscaped central courtyard and includes sixteen (16) 2- bedroom / 1-bathroom townhomes and two (2) 2-bedroom / 1- bathroom flats. A comprehensive renovation was completed in 2025, featuring all new interiors with updated finishes. Three residential units remain in legacy condition due to long-term tenants, providing a clear value-add opportunity upon future turnover. A 15-year Community Reinvestment Area (CRA) tax abatement has been submitted and is pending approval, offering substantial long-term tax savings. With the mix of residential and retail space, the Property is well-positioned to capture both stable income and future upside. Merion Village continues to experience significant appreciation, driven by its proximity to Downtown Columbus, German Village, and Nationwide Children’s Hospital. Residents enjoy walkable access to neighborhood restaurants, shops, and parks, while retailers benefit from strong local demographics and visibility along South High Street. 1264–1270 S. High Street presents investors with a rare opportunity to acquire a newly renovated, tax-advantaged multifamily asset with immediate lease-up potential, limited supply competition, and multiple long-term exit strategies — including condo conversion or stabilized hold.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

20

PRICE/UNIT

$199,750

CAP RATE

6.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

UCT

APN/PARCEL ID

010-017202

ASK ABOUT THIS PROPERTY

Daniel LimLim Realty GroupMore Info
614-425-4066

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Daniel LimLim Realty GroupMore Info
614-425-4066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.