1738-1750 E Broad Street, Columbus, OH 43203 (MLS# 226028021)

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

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 ...

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.

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