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Contingent
  • Price cut: $6K (8/12)
    $1,069,000

    398 S Central Ave, Columbus, OH 43223

    --beds
    0baths
    --sqft
    : 
    Condominium
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Large parking lot
    Welcome to this investment opportunity in the vibrant and growing Franklinton neighborhood of Columbus, Ohio. This well-maintained 17-unit apartment building offers a prime location, steady rental income, and significant potential for long-term growth. All units have been recently renovated in the last couple of years, and have nice rental grade finishes. Property is all electric. Property consists of 17 Units with 16 studio units and 1 one bedroom unit. Monthly income is approximately $12,000 per month with potential for over $13,000. Property has a large parking lot in the back of the building. Situated in Franklinton, minutes from downtown Columbus with easy access to major highways and bus access. Strong Rental History with consistent occupancy and well-established tenants.
    24 days
    on Zillow
    |
    397
    |
    27
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2025 at 01:37pm

    Listed by:

    Ryan E Maguire 614-714-5986,

    Reafco

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 225028466MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes

    Property

    Parking
    • Parking features: Common
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 010013488

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Condominium
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Columbus

    Financial & listing details

    • Annual tax amount: $5,768
    • Date on market: 7/30/2025
    • Listing terms: Owner Financing,Other,Land Contract,Conventional
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