CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Franz, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Luke Luther, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Julia Packer-Wesselkamper, Coldwell Banker Realty
CincyMLS / Listed By: Rick Finn, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Tom Deutsch, Coldwell Banker Realty
CincyMLS / Listed By: Nicole Byerly, Coldwell Banker Realty
CincyMLS / Listed By: Andrew "Drew" Homan, Coldwell Banker Realty
CincyMLS / Listed By: Rakesh Ram, Coldwell Banker Realty
CincyMLS / Listed By: Paige von Hoffmann, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hinckley, Coldwell Banker Realty
CincyMLS / Listed By: Megan Stacey, Coldwell Banker Realty
CincyMLS / Listed By: Amanda Pertuset, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Adam Hayhow, Coldwell Banker Realty
CincyMLS / Listed By: Julia Packer-Wesselkamper, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Kristine Green, Coldwell Banker Realty
CincyMLS / Listed By: Scott Oyler, Coldwell Banker Realty
CincyMLS / Listed By: Leah Thamann, Coldwell Banker Realty
CincyMLS / Listed By: Derek Tye, Coldwell Banker Realty
CincyMLS / Listed By: Patrick Gunning, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hinckley, Coldwell Banker Realty
CincyMLS / Listed By: Patrick Gunning, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Rakesh Ram, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Amy Roe, Coldwell Banker Realty
CincyMLS / Listed By: Brian Tiffany, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michel "Christiaan" Minella, Coldwell Banker Realty
CincyMLS / Listed By: John "Jack" Hinckley, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Bob Hines, Coldwell Banker Realty
CincyMLS / Listed By: Ronald "Ron" Bisher, Coldwell Banker Realty
CincyMLS / Listed By: Derek Tye, Coldwell Banker Realty
CincyMLS / Listed By: Sarah Robben, Coldwell Banker Realty
CincyMLS / Listed By: Sarah Robben, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Sujata "Sue" Pai, Coldwell Banker Realty
CincyMLS / Listed By: Bob Hines, Coldwell Banker Realty
CincyMLS / Listed By: Robert Nally, Coldwell Banker Realty
CincyMLS / Listed By: Michael Franz, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Michelle "Shelley" Reed, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hines, Coldwell Banker Realty
CincyMLS / Listed By: Cathy Heckman, Coldwell Banker Realty
CincyMLS / Listed By: Michael Hinckley, Coldwell Banker Realty
CincyMLS / Listed By: Tim Hinde, Coldwell Banker Realty
CincyMLS / Listed By: Jason Curlee, Coldwell Banker Realty
CincyMLS / Listed By: Sarah Robben, Coldwell Banker Realty Coldwell Banker - Northern Kentucky
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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