Exceptional Investment Opportunity in Franklinton! Built in 2019, this modern 12-unit apartment building plus 1 commercial space offers an outstanding turnkey opportunity in one of Columbus's fastest-growing neighborhoods. The property features twelve 1-bedroom, 1-bath units with tenant-paid utilities and strong occupancy — currently 100%. Designed for low-maintenance ownership, the building provides solid cash flow with significant upside as rents are currently under market. Located at 548 W State Street, it provides direct access to the heart of Franklinton's vibrant arts district and all that downtown Columbus has to offer and major downtown employers. With continued neighborhood revitalization, new development, and rising rental demand, this property is ideally positioned for long-term appreciation and income growth. Whether you're an experienced investor seeking a stabilized asset with value-add potential or expanding your Columbus portfolio, 548 W State presents a rare opportunity to own a newer-construction multifamily property in a premier urban location. The property is located in a Qualified Opportunity Zone. Any new owners/investors will receive a one time 10% state of Ohio tax credit on equity and debt. The property also qualifies for federal opportunity zone tax credit on capital gains. Tax Abatement in place until 2034 per auditor. The owners finalized the build out of the 1500 sqft commercial space in Feb 2025. A marketing website for tenant applicants will transfer to new buyers: https://www.548weststate.com/ Please contact Jay Richardson at jayrich98@gmail.com or 614.634.3983 to request financials and for any other inquiries.