1738-1750 E Broad Street, Columbus, OH 43203
New Listing
$1,500,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
436
Status:
Active
Current Price:
$1,500,000
List Date:
7/25/2026
Last Modified:
7/25/2026
Overview
Description
...
(Read more)
Rare opportunity to acquire 100% ownership of a 7-unit condominium community in one of Columbus' fastest-growing investment corridors. Unlike a traditional condominium investment, this offering includes all seven units, providing complete control of the entire community while generating immediate cash flow and offering significant long-term appreciation and development potential.
The fully occupied property currently generates $11,850 in gross monthly rental income and features a strong mix of long-term and short-term tenants, creating stable in-place income with opportunities to further optimize returns. The portfolio consists of one (1) 3-bedroom, 1-bath unit, one (1) 2-bedroom, 2-bath unit, and five (5) 2-bedroom, 1-bath townhouse-style units. The spacious townhouse layouts continue to attract strong tenant demand and provide an attractive alternative to traditional apartment living.
Ideally positioned directly across from Franklin Park Conservatory and Botanical Gardens, this property offers an unbeatable location just minutes from Downtown Columbus. Residents enjoy convenient access to restaurants, coffee shops, shopping, entertainment, major employers, hospitals, and the region's primary transportation corridors, making it one of the city's most desirable rental locations.
In addition to its strong cash flow, the property presents a compelling future development opportunity. Located in a rapidly appreciating area experiencing substantial public and private investment, the site offers investors the ability to generate income today while exploring redevelopment, expansion, or repositioning opportunities in the future.
Whether you're seeking a stabilized, income-producing asset, a value-add investment, or a strategic long-term hold in one of Central Ohio's strongest growth markets, this unique portfolio offers an exceptional combination of location, cash flow, and future upside.
Listing Details MLS# 226028021
Location Property Info
- Original List Price
- 1500000
- Property Sub Type
- Townhouse
- Street #
- 1738-1750
- Street PreDirection
- E
- Street Name
- Broad
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43203
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- Franklin
OfficeContract Info
- MLS Entry Date
- 2026-07-24
General Property Info
- Number of Units
- 7
- Building Sqft
- 8400
- Year Built
- 1940
- Built Prior to 1978
- Yes
- Occupancy Rate
- 85
- Acreage
- 0.01
- Use Code
- 550 - CONDOMINIUM RESIDENTIAL UNIT
Tax Info
- Parcel #
- 010-205870
- Mult Parcels/Sch Dis
- Yes
- Addl Parcel Numbers
- 010-205869-00 010-205868-00 010-205867-00 010-205866-00 010-205865-00 010-205864-00
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 17531.48
- Tax Incentive
- No
1 Bedroom
- 1 Bedroom # of Units
- 5
- 1 Bedroom Month Rent Per Unit
- 1500
2 Bedroom
- 2 Bedroom # of Units
- Yes
- 2 Bedroom Month Rent Per Unit
- 2000
More Information
3 Bedroom
- 3 Bedroom # of Units
- Yes
- 3 Bedroom Month Rent Per Unit
- 2000
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 178.57
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Rare opportunity to acquire 100% ownership of a 7-unit condominium community in one of Columbus' fastest-growing investment corridors. Unlike a traditional condominium investment, this offering includes all seven units, providing complete control of the entire community while generating immediate cash flow and offering significant long-term appreciation and development potential. The fully occupied property currently generates $11,850 in gross monthly rental income and features a strong mix of long-term and short-term tenants, creating stable in-place income with opportunities to further optimize returns. The portfolio consists of one (1) 3-bedroom, 1-bath unit, one (1) 2-bedroom, 2-bath unit, and five (5) 2-bedroom, 1-bath townhouse-style units. The spacious townhouse layouts continue to attract strong tenant demand and provide an attractive alternative to traditional apartment living. Ideally positioned directly across from Franklin Park Conservatory and Botanical Gardens, this property offers an unbeatable location just minutes from Downtown Columbus. Residents enjoy convenient access to restaurants, coffee shops, shopping, entertainment, major employers, hospitals, and the region's primary transportation corridors, making it one of the city's most desirable rental locations. In addition to its strong cash flow, the property presents a compelling future development opportunity. Located in a rapidly appreciating area experiencing substantial public and private investment, the site offers investors the ability to generate income today while exploring redevelopment, expansion, or repositioning opportunities in the future. Whether you're seeking a stabilized, income-producing asset, a value-add investment, or a strategic long-term hold in one of Central Ohio's strongest growth markets, this unique portfolio offers an exceptional combination of location, cash flow, and future upside.
Income/Expenses
- Gross Income
- 147420.63
- Net Operating Income
- 46580.82
- Total Expenses
- 100839.81
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- Assigned
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
Assigned
Owner Pays:
Sewer; Trash; Water
Tenant Pays:
Electricity; Gas
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Brick
Water Source:
Public
Sewer:
Public Sewer
Miscellaneous:
Basement
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Douglas & Associates Realty
Listing Agent:
Kendall M Davis
Last Updated: July - 25 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.
