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For sale
  • Price cut: $100K (6/29)
    $2,399,000

    1309-1319 Fair Ave, Columbus, OH 43205

    --beds
    0baths
    --sqft
    : 
    Condominium
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Inviting pergolaRefreshed parking lotNew commercial entry doorsRenovated kitchensExterior painting
    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
    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#: 225020194MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1309-1319 Fair Ave.

    Next available tour time:Today at 11am

    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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