USAOHColumbusVictorian Village - 4 Properties From Goodale Park217 W Hubbard Ave
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217 W Hubbard Ave, Columbus, OH

Real Estate

For Sale

Listed price in listed location currency (USD).
$749,900

004

MLS® 226007726

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $8,955
Days Active 0
Approx. Age 1900
MLS® Number 226007726

Property Address: 217 W Hubbard Ave, Columbus, OH, 43215-6500

Average square foot calculated using Size range provided by listing agent.

Description

Victorian Village 4-Unit Near Goodale Park $79K rental Income + ADU Potential. Rare opportunity to acquire a brick four-unit in the heart of Victorian Village just steps from Goodale Park and minutes to the Short North. The property currently produces approximately $79, 080 in rental income with upside potential to over $92, 000. The building features four one-bedroom units with strong rental demand plus four off-street parking spaces, a valuable amenity in this neighborhood. Current rents are $1, 800, $1, 645, $1, 500, and one unit available for immediate lease-up around $1, 645 or ideal for an owner-occupant house-hack opportunity. Buyers may be able to live in one unit while rental income from the other three helps offset the mortgage. The property may qualify for FHA owner-occupant financing with as little as 3.5% down for eligible buyers, and rental income from the additional units may assist with loan qualification. Three units are currently leased to tenants utilizing CMHA vouchers, where the payment standard in this ZIP code allows for up to approximately $1, 969 per one-bedroom unit. Voucher tenants often remain long-term, providing stable rental income. Estimated cap rate approximately 7.75% with pro-forma potential above 9%. Rear parking area may offer flexibility for future garage or carriage unit construction (ADU potential) similar to nearby properties, subject to city approvals.
MLS® Number226007726
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$749,900List Price
Dec 18, 2023End Date
$665,000Sold Price

Sold

Nov 24, 2023List Date
$665,000List Price
  • Commute

Commute

Starting Address
Destination Address
217 W Hubbard Ave, Columbus, OH

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