82-84 Chittenden Avenue, Columbus, OH 43201 (MLS# 225007755)

82-84 Chittenden Avenue, Columbus, OH 43201

$1,599,000

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Property Type: Multi-Family Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $1,599,000 List Date: 3/14/2025 Last Modified: 9/17/2025

Overview

Description

8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A. See A2A remarks.

Listing Details MLS# 225007755

Location Property Info

Original List Price: 1700000
Property Sub Type: Mixed Use
Street #: 82-84
Street Name: Chittenden
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: Franklin

OfficeContract Info

MLS Entry Date: 2025-03-13

General Property Info

Number of Units: 8
Building Sqft: 3948
Year Built: 1900
Built Prior to 1978: Yes
Acreage: 0.14

Tax Info

Parcel #: 010-039685-00
Tax Abatement: No

Status Change Info

Under Contract Date: 2025-08-28
Sold Date: 2025-09-16
Sold Price/SqFt: 405.02

1 Bedroom

1 Bedroom # of Units: 15

More Information

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Electric Heating: Hot Water Air Conditioning: Central Air Sewer: Public Sewer MLS Primary PhotoSrc: Realtor Provided

Listing Office: Roby Realty

Listing Agent: Luana Antoniuk

Last Updated: September - 17 - 2025

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