369 S 17th Street, Columbus, OH 43205 (MLS# 225018438)

369 S 17th Street, Columbus, OH 43205

$2,112,000

Property Type: Multi-Family Lot Size (sq. ft.): 4,356 Status: Closed

Current Price: $2,112,000 List Date: 5/26/2025 Last Modified: 9/09/2025

Description

Exceptional Turnkey 10-Unit Investment Portfolio - Tax Abated Until 2038! Welcome to a rare investment opportunity featuring ten fully occupied 2-bedroom, 1-bathroom units strategically located near Nationwide Children's Hospital in Downtown Columbus. This professionally updated portfolio spans 792-800 E Mound St and 361-369 S 17th St, offering strong, stable cash flow with minimal maintenance required. This is a prime, low-maintenance portfolio with built-in cash flow and long-term upside. Whether you're a seasoned investor or entering the multifamily space, this asset checks all the boxes.

Supplements: ********

More Information MLS# 225018438

Location & Property Info

List Price/SqFt: 231.84 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Occupancy Rate: 100 Built Prior to 1978: Yes Building Sqft: 9920 Assoc/Condo Fee: 0 Use Code: 550 - CONDOMINIUM RESIDENTIAL UNIT Number of Units: 10 Year Built: 1920 Acreage: 0.1

Tax Info

Tax Abatement: Yes Abatement End Date: 2038-03-16 Taxes (Yrly): 15547 Tax Incentive: No Parcel #: 010-020655 Tax Year: 2024

Remarks & Misc

Property Description: Exceptional Turnkey 10-Unit Investment Portfolio - Tax Abated Until 2038! Welcome to a rare investment opportunity featuring ten fully occupied 2-bedroom, 1-bathroom units strategically located near Nationwide Children's Hospital in Downtown Columbus. This professionally updated portfolio spans 792-800 E Mound St and 361-369 S 17th St, offering strong, stable cash flow with minimal maintenance required. This is a prime, low-maintenance portfolio with built-in cash flow and long-term upside. Whether you're a seasoned investor or entering the multifamily space, this asset checks all the boxes.

Status Change Info

Sold Price/SqFt: 212.9 Under Contract Date: 2025-07-08 Sold Date: 2025-08-29 Sold Price: $2,112,000

Income/Expenses

Gross Income: 228000 Net Operating Income: 40540.6 Total Expenses: 187459

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 10 2 Bedroom Month Rent Per Unit: 1850

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

On Street: 1 Common: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Miscellaneous

Basement: 1 Security System: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Other: 1

Air Conditioning

Central Air: 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 2299.9 Sold Price: $2,112,000 Property Sub Type: Townhouse Street #: 369 Street PreDirection: S Street Name: 17th Street Suffix: Street County: Franklin State: OH Zip Code: 43205 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2025-05-26

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street; Common Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Basement; Security System New Financing: Other MLS Primary PhotoSrc: Realtor Provided

Listing Office: e-Merge Real Estate

Listing Agent: Summer D Berry

Last Updated: September - 09 - 2025

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