3349 E Broad St - Apartments FOR SALE


Columbus, OH 43213- Eastmoor
$280,000 USD
614-218-3520
3349 E Broad St, Columbus, OH for Sale
$280,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

3349 E Broad St
Columbus, OH 43213
Eastmoor


HIGHLIGHTS

  • Major Value-Add Opportunity in a Strong Rental Market
  • ±3,890 SF Garden-Style Apartment Building
  • 12 Rear Surface Parking Spaces
  • Situated on ±0.30 Acres with 160' of Frontage Along E Broad Street
  • CURRENTLY IN RECEIVERSHIP
  • The properties are vacant and require complete renovation.

OVERVIEW

On behalf of our client, NAI Ohio Equities is pleased to present 3349 E Broad Street, a garden-style multifamily building located along a high-visibility corridor in the Eastmoor neighborhood. Situated on ±0.25 acres, the property includes ±3,890 SF across four residential units -- two one-bedroom/one-bath and two two-bedroom/one-bath -- offering a flexible unit mix for prospective renters. The site features 160' of frontage along E Broad Street, which experiences approximately 28,000 vehicles per day, and includes 12 rear surface parking spaces. This stretch of Broad Street falls within Columbus’s new Zone In rezoning initiative, designed to support increased residential density and mixed-use development along key transit corridors. Zoned Mixed-Use (UGN-1), the site offers long-term redevelopment potential in a rapidly evolving area. Currently in receivership, this property presents a strong value-add opportunity for investors focused on repositioning and lease-up potential.

FOR SALE DETAILS

PRICE

$280,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

4

PRICE/UNIT

$70,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Mixed-Use (UGN-1)

APN/PARCEL ID

010-093088

ASK ABOUT THIS PROPERTY

Peter MerkleNAI Ohio Equities LLCMore Info
614-218-3520

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Peter MerkleNAI Ohio Equities LLCMore Info
614-218-3520

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