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1719 Lonsdale Road, Columbus, OH 43232

Columbus
Local realty services provided by:CENTURY 21 Premiere Properties
1719 Lonsdale Road,Columbus, OH 43232
$2,525,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey allen miller, zeke liston
Office: forge real estate advisors614-665-5793
MLS#:226042122
Source:OH_CBR

Price summary

  • Price:$2,525,000

About this home

Pine Hill Townhomes is a 32-unit, brick, two-story townhome-style community in Pine Hills, southeast Columbus, offered at $2,525,000 ($78,906 per unit, $76.65 per SF). The property totals ±32,940 SF and is 87.5% occupied (28 of 32 units), with 30 two-bedroom/one-bath townhomes (±1,038 SF each) and 2 one-bedroom/one-bath units. T-12 NOI is $201,220 (7.97% cap), and pro forma NOI at market rents is $267,764 (10.60% cap). In-place rents average $902 against $1,100 market for the 2BRs and $950 for the 1BRs, a 21% upside on occupied units, plus 4 vacant units worth $4,400/month at market. RUBS is in place. The property is adjacent to Woodcrest Elementary and close to I-270, with grocery, pharmacy, and retail nearby along the US-40 / E Main St corridor. An opportunity to acquire scale in a single transaction with in-place cash flow and a clear path to higher rents. Available as a package with Village on Courtright and Melrose Manor

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Home facts

  • Year built:1963
  • Listing ID #:226042122
  • Added:5 day(s) ago
  • Updated:November 11, 2026 at 04:30 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1963
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,525,000
  • Tax amount:$75,076
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor CENTURY 21 Premiere Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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