List Price/SqFt: 670.17
City (Mailing Addr): Reynoldsburg
Corp LimitPerAuditor: Columbus
Dist To Intersxn: 2
For Sale: Yes
Exchange: No
# of Buildings: 4
Built Prior to 1978: No
Total Parking: 19
Building Sqft: 2380
Number of Units: 8
Year Built: 1987
Acreage: 0.78
Tax Abatement: No
Taxes (Yrly): 11549
Parcel #: 530-210669
Tax Year: 2024
Property Description: Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations.
Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen.
The townhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy.
An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market.
Curb offers only. Please do not disturb tenants.
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Block: 1
Frame: 1
Vinyl Siding: 1
3 Bedroom # of Units: 8
3 Bedroom Month Rent Per Unit: 1500
1 Car Garage: 1
Attached Garage: 1
Common: 1
Basement: 1
Garages: 1
W/D Hookups: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction/Online Bidding Y/N: No
Original List Price: 1595000
List Price: $1,595,000
Property Sub Type: Duplex
Street #: 6900-6928
Street Name: Gemstar
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43068
Subdiv/Cmplx/Comm: Independence Village
School District: GROVEPORT MADISON LSD 2507 FRA CO.
Township: None
Status: Contingent
MLS Entry Date: 2026-01-23
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Attached Garage; Common
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Block; Frame; Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; Garages; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided