1975-1982 Dunbar Dr - Apartments FOR SALE


Columbus, OH 43224- North Linden
$1,800,000 USD
614-827-3173
1975-1982 Dunbar Dr, Columbus, OH for Sale
$1,800,000 USD
Apartments - FOR SALE
1/68
null | 5.74% Cap Rate

1975-1982 Dunbar Dr
Columbus, OH 43224
North Linden


HIGHLIGHTS

  • Quiet dead end street.
  • Hard to find half bath.
  • Longterm growth.

OVERVIEW

Prime investment opportunity for the savvy investor looking to scale their portfolio! This rare offering includes 12 units in the highly desirable and consistently easy-to-rent North Linden area, comprised of six duplex buildings. Each unit features 2 bedrooms, 1.5 baths, a private basement with washer/dryer hookups, and off-street parking for tenants. Six of the twelve units have been fully renovated, while the remaining six are occupied by long-term tenants, providing stable cash flow with additional upside potential through future rent increases to market rates. Current rents average between $1,000–$1,200 per month. Ownership has invested over $400,000 in improvements since acquisition, with a detailed list of updates available in the attached documents. Owner currently pays water and trash; tenants are responsible for all other utilities. A strong value-add opportunity in a growing rental market—ideal for investors seeking both immediate income and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$152 USD /SF

# OF UNITS

12

PRICE/UNIT

$150,000

CAP RATE

5.74%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,280 SF

ZONING

N/Av, Columbus

APN/PARCEL ID

130-005364,130-005365

ASK ABOUT THIS PROPERTY

Elizabeth GreulichRich Russo Realty & Co.More Info
614-827-3173

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Elizabeth GreulichRich Russo Realty & Co.More Info
614-827-3173

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