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$1,200,000 (USD)
Active

Columbus Area Multi-Family

Active

1106-1116 Parsons Avenue Columbus, OH 43206

Bed
0 Baths
sqft
MLS# 226023174
Turnkey 6-Unit Multifamily Investment | Strong Cash Flow | Major Capital Improvements Completed

Exceptional opportunity to acquire a fully occupied 6-unit apartment building in one of Columbus' rapidly growing investment corridors. The property consists of **five 2-bedroom, 1.5-bath units and one 2-bedroom, 1-bath unit**, offering a desirable unit mix with strong rental demand.

Currently **100% occupied**, the property generates **$100,920 in annual gross income** and **$71,429 in net operating income**, providing immediate cash flow for investors. Long-term leases are in place, creating stable income from day one.

Ownership has invested substantially in the property with **major capital improvements completed between 2023 and 2025**. In **May 2025**, all **six electrical panels were replaced**, bringing the property into full code compliance. This $15,000 improvement also reduced insurance costs from approximately **$700 per month to just $214 per month**, creating an estimated **$5,800 in annual operating expense savings** and improving overall cash flow.

Additional updates include **new furnaces in Units 1106, 1110, and 1116**, **new dishwashers in Units 1106, 1108, 1110, 1112, and 1116**, a **new landlord-owned washer and dryer in Unit 1110**, a **new water heater in Unit 1110**, and a **new A/C unit in Unit 1112**.

Conveniently located just minutes from Downtown Columbus, Nationwide Children's Hospital, German Village, and major highways, this property benefits from strong rental demand, continued neighborhood redevelopment, and excellent long-term appreciation potential.

Whether you're completing a 1031 exchange or expanding your multifamily portfolio, this is a rare opportunity to acquire a stabilized, income-producing asset with significant recent capital improvements and minimal deferred maintenance.
Please do not disturb tenants. Financials, rent roll, leases, and additional due diligence documents are available upon request after an acc
Listing Courtesy of COLUMBUS OH MLS / Listed By: Ryan Lawasani, Coldwell Banker Realty
$1,195,000 (USD)
Active

Delaware Area Single-Family Home

Active

4916 Olentangy River Road Delaware, OH 43015

5 Bed
4 Baths
3400 sqft
MLS# 226003227
Welcome to this exquisite and one-of-a-kind 1800s Farmhouse Revival overlooking the Olentangy River, situated on over an acre in the desirable Olentangy School District! This historical renovation is custom & luxury from top to bottom with high end & contemporary finishes and furnishings while maintaining character throughout with today's modern conveniences! Perfect place to call Home for Owner Occupant or opportunity for High Performing Luxury Short Term Rental, completely turn-key including furnishings.

This Exceptional opportunity to own a cash-flowing luxury short-term rental has proven income performance. Thoughtful amenities provide a guest experience tailored to premium nightly rates and strong occupancy resulting in 67 incredible reviews, 4.97 Star ''guest favorite'' Rating and Airbnb Superhost Status. Whether expanding an investment portfolio or securing a luxury property with income potential, this home delivers both lifestyle and financial upside. Financials and rental history available upon request. Opportunity for events and no lodging tax in Delaware County make it even more lucrative!

Great location, 3 car heated & cooled garage makes incredible game room with pool table, ping pong, foosball, darts & TV! Deck with hot tub, outdoor fire pit, multiple covered patio spaces, all on over an acre! You or your guests can Relax on the wrap around front porch lined with brick & cedar overlooking the river, or entertain in the chef's kitchen offering custom solid wood cabinets with all the bells & whistles, quartz countertops with waterfall island, café line appliances, hidden Butler's pantry & more. Stunning Owner's retreat overlooking wooded lot & creek complete with vaulted ceilings, wood beams, walk-in closets & spa-like bath with soaking tub, tile waterfall shower & 4 shower heads! Second floor laundry, and over 3400SF of living space, basically brand new in 2023 are just a few of the things you will love about this home!
Listing Courtesy of COLUMBUS OH MLS / Listed By: Katie Becker, Coldwell Banker Realty
$1,195,000 (USD)
Active

Jerome Village Area Single-Family Home

Active

7965 Canopy Glen Drive Plain City, OH 43064

5 Bed
5 Baths
4794 sqft
MLS# 226002691
Priced below market value and one of the best-priced luxury homes in Jerome Village, this stunning former model home presents an exceptional opportunity in the sought-after Eversole Run community. With high-end finishes, spacious living, and a very motivated seller, this is a rare chance to own luxury at an incredible value. The home sits on an impressive large corner lot and showcases exceptional design and luxury finishes throughout. Offering 5 bedrooms, 4.5 bathrooms, the gourmet kitchen features quartz countertops, premium professional-grade appliances, and a generous walk-in pantry with abundant storage. The Great Room offers soaring 10-foot ceilings, a beautiful custom fireplace, and a seamless flow into the kitchen and dining area, perfect for entertaining.
A dedicated home office, along with a functional mudroom, completes the main level. The owner's suite is a true retreat with tray ceiling, spa-inspired bath featuring a custom shower and freestanding tub, and an oversized walk-in closet enhanced with custom built-in cabinetry. Bedrooms are thoughtfully designed with walk-in closets and excellent bath access, including one bedroom with a private en-suite bath and two additional bedrooms connected by a Jack-and-Jill bathroom.
The finished lower level includes a recreation space, an additional bedroom, and a full bath. Outside, relax or host guests on the covered back porch, designed for memorable gatherings with friends and family.
Listing Courtesy of COLUMBUS OH MLS / Listed By: Isabelle Lawasani, Coldwell Banker Realty