201-205 W 1st Avenue, Columbus, OH 43201 (MLS# 224019021)

201-205 W 1st Avenue, Columbus, OH 43201

$1,120,000

Property Type: Multi-Family Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $1,120,000 List Date: 6/12/2024 Last Modified: 3/06/2025

Overview

Description

This unique 3-unit property offers an exceptional investment opportunity in one of the most sought-after neighborhoods where multi-family properties are rare to find, in the heart of Victorian Village and the vibrant Short North. The main house has been completely updated, seamlessly blending modern amenities with historic charm. The first floor unit features 1 bed, 1 bath, while the second floor unit features 3 beds, 2 baths, and 2 floors of living space. Quartz counters in the kitchens and high grade LVP flooring throughout both units. Brand new 3 car garage with carriage house constructed in 2023, featuring 2 beds, 1 bath, & 1000 sqft. Fully leased through April 2025!

Listing Details MLS# 224019021

Location Property Info

Original List Price: 1200000
Property Sub Type: Mixed Use
Street #: 201-205
Street PreDirection: W
Street Name: 1st
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: Franklin

OfficeContract Info

MLS Entry Date: 2024-06-09

General Property Info

Number of Units: 3
Total Parking: 3
Building Sqft: 3752
Year Built: 1880
Built Prior to 1978: Yes
Occupancy Rate: 100
Lot Size (Side): 140
Acreage: 0.13

Tax Info

Parcel #: 010-041504
Tax Year: 2023
Tax Abatement: No
Taxes (Yrly): 8504

Status Change Info

Under Contract Date: 2024-09-22
Sold Date: 2024-10-17
Sold Price/SqFt: 298.51

1 Bedroom

1 Bedroom # of Units: Yes
1 Bedroom Month Rent Per Unit: 2285

More Information

2 Bedroom

2 Bedroom # of Units: Yes
2 Bedroom Month Rent Per Unit: 2470

3 Bedroom

3 Bedroom # of Units: Yes
3 Bedroom Month Rent Per Unit: 2962

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Parking Features: 3 Car Garage Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Water Available New Financing: Conventional; FHA; Other MLS Primary PhotoSrc: Realtor Provided

Documents

Offering Memorandum 201-205 w 1st ›

Listing Office: NextHome Experience

Listing Agent: Shane C Coy

Last Updated: March - 06 - 2025

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