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.
Details
MLS #
226028021
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1940
Days On Site
28
Listing Provided By
Douglas & Associates Realty | Kendall M Davis
Features
Units
7
Acreage
0.01
Taxes
Property
17531
Area Information
State
OH
County
Franklin
City
Columbus
Zip Code
43203
School District
COLUMBUS CSD 2503 FRA CO.
High School
COLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43203)
Price: $1,500,000
low | high
Med: $304,950
100% of Average
On site: 28
low | high
Med: 77.5
36.129032258065% of Average
Sourced by Back At You
Market Activity 43203
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 1
Avg $ Per SqFt: $165.83
Min Sale Price: $199,000
Max Sale Price: $199,000
Med Sale Price: $199,000
Date: Jun 2026
Sales: 7
Avg $ Per SqFt: $177.92
Min Sale Price: $109,900
Max Sale Price: $455,000
Med Sale Price: $199,000
Date: May 2026
Sales: 9
Avg $ Per SqFt: $153.74
Min Sale Price: $140,000
Max Sale Price: $569,000
Med Sale Price: $265,000
Date: Apr 2026
Sales: 7
Avg $ Per SqFt: $201.61
Min Sale Price: $100,000
Max Sale Price: $875,000
Med Sale Price: $470,000
Date: Mar 2026
Sales: 9
Avg $ Per SqFt: $190.91
Min Sale Price: $115,000
Max Sale Price: $857,900
Med Sale Price: $549,900
Date: Feb 2026
Sales: 2
Avg $ Per SqFt: $242.22
Min Sale Price: $108,000
Max Sale Price: $405,000
Med Sale Price: $256,500
Date: Jan 2026
Sales: 4
Avg $ Per SqFt: $226.11
Min Sale Price: $340,000
Max Sale Price: $382,000
Med Sale Price: $358,000
Date: Dec 2025
Sales: 4
Avg $ Per SqFt: $151.01
Min Sale Price: $26,500
Max Sale Price: $245,000
Med Sale Price: $165,000
Date: Nov 2025
Sales: 10
Avg $ Per SqFt: $124.34
Min Sale Price: $2,600
Max Sale Price: $495,000
Med Sale Price: $225,587
Date: Oct 2025
Sales: 11
Avg $ Per SqFt: $157.46
Min Sale Price: $92,000
Max Sale Price: $1,350,000
Med Sale Price: $270,000
Date: Sep 2025
Sales: 2
Avg $ Per SqFt: $154.66
Min Sale Price: $217,500
Max Sale Price: $395,000
Med Sale Price: $306,250
Date: Aug 2025
Sales: 7
Avg $ Per SqFt: $163.52
Min Sale Price: $15,000
Max Sale Price: $337,000
Med Sale Price: $40,000
Sourced by Back At You
Jul 2026
Sales:
1
Avg $ Per SqFt:
$165.83
Min Sale Price:
$199,000
Max Sale Price:
$199,000
Med Sale Price:
$199,000
Jun 2026
Sales:
7
Avg $ Per SqFt:
$177.92
Min Sale Price:
$109,900
Max Sale Price:
$455,000
Med Sale Price:
$199,000
May 2026
Sales:
9
Avg $ Per SqFt:
$153.74
Min Sale Price:
$140,000
Max Sale Price:
$569,000
Med Sale Price:
$265,000
Apr 2026
Sales:
7
Avg $ Per SqFt:
$201.61
Min Sale Price:
$100,000
Max Sale Price:
$875,000
Med Sale Price:
$470,000
Mar 2026
Sales:
9
Avg $ Per SqFt:
$190.91
Min Sale Price:
$115,000
Max Sale Price:
$857,900
Med Sale Price:
$549,900
Feb 2026
Sales:
2
Avg $ Per SqFt:
$242.22
Min Sale Price:
$108,000
Max Sale Price:
$405,000
Med Sale Price:
$256,500
Jan 2026
Sales:
4
Avg $ Per SqFt:
$226.11
Min Sale Price:
$340,000
Max Sale Price:
$382,000
Med Sale Price:
$358,000
Dec 2025
Sales:
4
Avg $ Per SqFt:
$151.01
Min Sale Price:
$26,500
Max Sale Price:
$245,000
Med Sale Price:
$165,000
Nov 2025
Sales:
10
Avg $ Per SqFt:
$124.34
Min Sale Price:
$2,600
Max Sale Price:
$495,000
Med Sale Price:
$225,587
Oct 2025
Sales:
11
Avg $ Per SqFt:
$157.46
Min Sale Price:
$92,000
Max Sale Price:
$1,350,000
Med Sale Price:
$270,000
Sep 2025
Sales:
2
Avg $ Per SqFt:
$154.66
Min Sale Price:
$217,500
Max Sale Price:
$395,000
Med Sale Price:
$306,250
Aug 2025
Sales:
7
Avg $ Per SqFt:
$163.52
Min Sale Price:
$15,000
Max Sale Price:
$337,000
Med Sale Price:
$40,000
MLS Number: 226028021
Kendall M Davis – (614) 584-4916 – kendallrea4u@gmail.com
Douglas & Associates Realty – (614) 245-3511 – srdrealtor@aol.com
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Columbus Realtors
MLS Number: 226028021
Kendall M Davis – (614) 584-4916 – kendallrea4u@gmail.com
Douglas & Associates Realty – (614) 245-3511 – srdrealtor@aol.com
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.