Introducing a stabilized 20-unit multifamily asset located in desirable Franklin Park. Two ten-unit buildings on two parcels, featuring a unit mix of 8 spacious two bedroom units and 12 efficient one-bedroom units. The property has undergone recent upgrades which include exterior painting, landscaping, renovated kitchens and bathrooms, refreshed parking lot, new commercial entry doors and an inviting pergola that enhances curb appeal and resident satisfaction. This asset offers fully occupied cash flow, with huge upside for value add with strong tenant demand. With rents positioned well below market, this rare opportunity to acquire a turn key building with both in place income and a value add upside. Ideal for investors seeking immediate returns with long-term growth potential in a rapidly appreciating market. Please DO NOT disturb tenants. Tours can be coordinated upon receipt of acceptable LOI
For sale
Price cut: $100K (6/29)
$2,399,000
1309-1319 Fair Ave, Columbus, OH 43205
--beds
0baths
--sqft
Est.:
Condominium
Built in 1959
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Inviting pergolaRefreshed parking lotNew commercial entry doorsRenovated kitchensExterior painting
- 61 days
- on Zillow |
- 264 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: June 29, 2025 at 04:24pm
Listed by:
Aaron J McDaniel 614-378-2752,
Mainstream Realty Pros
Source: Columbus and Central Ohio Regional MLS ,MLS#: 225020194

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Has cooling: Yes
Property
Parking
- Total spaces: 13
Lot
- Size: 0.46 Acres
Details
- Additional parcels included: 010016312
- Parcel number: 010019079
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Condominium
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: FRANKLIN PARK
Location
- Region: Columbus
Financial & listing details
- Annual tax amount: $20,939
- Date on market: 6/5/2025
- Listing terms: FHA,Conventional
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