1500 Fairview Avenue, Columbus, OH 43212
Local realty services provided by:CENTURY 21 Premiere Properties
1500 Fairview Avenue,Columbus, OH 43212
$900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: matthew t schirtzinger
Office: re/max premier choice
MLS#:226003167
Source:OH_CBR
Price summary
- Price:$900,000
About this home
Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes.
3,576 SF , 4 two bedroom units with a brick 4-car garage.
Current rents:
• Three updated units averaging $1,600/month
• One long-term tenant at $800/month
• Tenants pay all utilities
Based on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1,800 for updated units).
Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus' most walkable rental corridors.
Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities.
Ideal for:
• Investor seeking stable in-place income with upside
• 1031 exchange buyer
• Owner looking to secure long-term asset in Grandview submarket
2-year P&L and rent roll available in documents. Financials available upon request....
Contact an agent
Home facts
- Year built:1955
- Listing ID #:226003167
- Added:53 day(s) ago
- Updated:March 29, 2026 at 02:53 PM
Heating and cooling
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1955
- Lot area:0.2 Acres
Finances and disclosures
- Price:$900,000
- Tax amount:$10,594
Parking
- Total parking spaces:4
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