1017-1025 Folkestone Road, Columbus, OH 43220 (MLS# 226030024)

1017-1025 Folkestone Road, Columbus, OH 43220

$1,010,000

Property Type: Multi-Family Status: Closed

Current Price: $1,010,000 List Date: 8/07/2026 Last Modified: 9/04/2026

Overview

Description

Exceptional 8-unit investment opportunity in Northwest Columbus! This turnkey portfolio consists of two contiguous, all-brick fourplexes in proximity to Upper Arlington and just minutes from The Ohio State University, Wexner Medical Center, and top local amenities. Each unit features a spacious 2-bedroom, 1-bathroom layout with dedicated basement space for storage. Fully occupied and generating $8,050 per month in rent, the property offers strong immediate cash flow and clear value-add potential, as four of the units are on month-to-month leases. With low-maintenance brick construction and a high-demand location, this is a prime asset for long-term investors!

Listing Details MLS# 226030024

Location Property Info

Original List Price: 1050000
Property Sub Type: Flat
Street #: 1017-1025
Street Name: Folkestone
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43220
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2026-08-07

General Property Info

Number of Units: 8
Year Built: 1966
Built Prior to 1978: Yes

Tax Info

Parcel #: 010-129894-00
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 12014

Status Change Info

Under Contract Date: 2026-08-10
Sold Date: 2026-09-04

2 Bedroom

2 Bedroom # of Units: 8
2 Bedroom Month Rent Per Unit: 1050

More Information

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Parking Features: 2 Off Street Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Construction: Brick Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Miscellaneous: Basement MLS Primary PhotoSrc: Realtor Provided

Listing Office: Forge Real Estate Advisors

Listing Agent: Daryl Allen Miller

Last Updated: September - 04 - 2026

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