1461 Chesapeake Ave - Apartments FOR SALE


Columbus, OH 43212- Tri-Village
$625,000 USD
614-580-3945

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$625,000 USD
Apartments - FOR SALE
null | Request Cap Rate

1461 Chesapeake Ave
Columbus, OH 43212
Tri-Village


OVERVIEW

Prime 43212 investment opportunity in one of Columbus' most consistently desirable rental corridors. Brick, stucco and wood, single-story four-unit building featuring four one-bedroom apartments with dedicated entrances and off-street parking. Property is fully occupied with established tenants, providing immediate income from day one. Strong rental history and significant upside potential through rent optimization and value-add improvements over time. Simple, durable construction with low-maintenance exterior. Ample off-street parking and green space enhance tenant appeal. Central location offers quick access to Grandview, OSU, downtown Columbus, major employers, dining, retail, and entertainment -- a proven high-demand rental submarket. Financials, rent roll, and supporting documentation are located in the MLS documents tab. Curb offers only. Do not disturb tenants. Excellent opportunity for investors seeking stabilized cash flow with long-term appreciation in a prime location. Back on the market, see ATA remarks

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

4

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

130-001390

ASK ABOUT THIS PROPERTY

Matthew SchirtzingerRE/MAX Premier ChoiceMore Info
614-580-3945

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Matthew SchirtzingerRE/MAX Premier ChoiceMore Info
614-580-3945

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