USAOHColumbusFifth by Northwest1500 Fairview Ave
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$900,000

Other

2 months ago

1500 Fairview Ave, Columbus, OH

Condo

MLS® 226003167

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $10,594
Days Active 50
Approx. Age 1955
MLS® Number 226003167

Property Address: 1500 Fairview Ave, Columbus, OH, 43212-2841

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

Description

Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes. 3, 576 SF , 4 two bedroom units with a brick 4-car garage. Current rents: • Three updated units averaging $1, 600/month • One long-term tenant at $800/month • Tenants pay all utilities Based on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1, 800 for updated units). Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus' most walkable rental corridors. Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities. Ideal for: • Investor seeking stable in-place income with upside • 1031 exchange buyer • Owner looking to secure long-term asset in Grandview submarket 2-year P&L and rent roll available in documents. Financials available upon request.
MLS® Number226003167
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1955
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

Other

Feb 3, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
1500 Fairview Ave, Columbus, OH

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