6900-6928 Gemstar Road, Reynoldsburg, OH 43068
$1,399,999
Property Type:
Multi-Family
Lot Size (sq. ft.):
33,977
Status:
Active
Current Price:
$1,399,999
List Date:
8/12/2026
Last Modified:
8/14/2026
Overview
Description
...
(Read more)
Rare multi-unit investment opportunity in Reynoldsburg featuring eight townhome-style residences across four separate buildings, all situated on one parcel within the Groveport Madison School District. Each building includes two units, with every residence offering 3 bedrooms, 2.5 baths, an attached garage and basement--an appealing combination of space, privacy and functionality. Seven of the eight units have undergone recent renovations, providing an attractive blend of updated residences, immediate income and future upside.
Seven units are currently renting for approximately $1,600 per month, while the remaining unrenovated unit is leased at a lower rate, creating additional income potential with future improvements. Each residence is separately metered for gas, electric and water, with tenants responsible for all utilities, helping keep ownership expenses efficient.
Private entrances, garage parking and basement space give each residence a true townhome feel, while the four-building configuration allows for efficient management of all eight units in one location. Conveniently located near major roadways, shopping, dining and employment centers. A unique opportunity to acquire a substantial, income-producing multifamily asset with strong existing rents and additional upside.
Curb offers only. Please do not disturb tenants.
Listing Details MLS# 226030558
Location Property Info
- Original List Price
- 1399999
- Property Sub Type
- Duplex
- Street #
- 6900-6928
- Street Name
- Gemstar
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43068
- Subdiv/Cmplx/Comm
- Independence Village
- School District
- GROVEPORT MADISON LSD 2507 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-08-12
General Property Info
- Number of Units
- 8
- # of Buildings
- 4
- Total Parking
- 19
- Building Sqft
- 4012
- Year Built
- 1987
- Built Prior to 1978
- No
- Acreage
- 0.78
Tax Info
- Parcel #
- 530-210669
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 12236
3 Bedroom
- 3 Bedroom # of Units
- 8
- 3 Bedroom Month Rent Per Unit
- 1600
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
1 Car Garage; Attached Garage; Common
Tenant Pays:
Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Block; Frame; Vinyl Siding
Water Source:
Public
Sewer:
Public Sewer
Miscellaneous:
Basement; Garages; W/D Hookups
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Howard Hanna Real Estate Svcs
Listing Agent:
Benjamin Thomas Hemmert
Last Updated: August - 14 - 2026
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