6900-6928 Gemstar Road, Reynoldsburg, OH 43068 (MLS# 226030558)

6900-6928 Gemstar Road, Reynoldsburg, OH 43068

$1,399,999

Property Type: Multi-Family Lot Size (sq. ft.): 33,977 Status: Active

Current Price: $1,399,999 List Date: 8/12/2026 Last Modified: 8/14/2026

Overview

Description

Rare multi-unit investment opportunity in Reynoldsburg featuring eight townhome-style residences across four separate buildings, all situated on one parcel within the Groveport Madison School District. Each building includes two units, with every residence offering 3 bedrooms, 2.5 baths, an attached garage and basement--an appealing combination of space, privacy and functionality. Seven of the eight units have undergone recent renovations, providing an attractive blend of updated residences, immediate income and future upside. Seven units are currently renting for approximately $1,600 per month, while the remaining unrenovated unit is leased at a lower rate, creating additional income potential with future improvements. Each residence is separately metered for gas, electric and water, with tenants responsible for all utilities, helping keep ownership expenses efficient. Private entrances, garage parking and basement space give each residence a true townhome feel, while the four-b ... (Read more)

Listing Details MLS# 226030558

Location Property Info

Original List Price: 1399999
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

OfficeContract Info

MLS Entry Date: 2026-08-12

General Property Info

Number of Units: 8
# of Buildings: 4
Total Parking: 19
Building Sqft: 4012
Year Built: 1987
Built Prior to 1978: No
Acreage: 0.78

Tax Info

Parcel #: 530-210669
Tax Year: 2025
Tax Abatement: No
Taxes (Yrly): 12236

3 Bedroom

3 Bedroom # of Units: 8
3 Bedroom Month Rent Per Unit: 1600

Auction Info

Auction/Online Bidding Y/N: No

More Information

Location & Property Info

List Price/SqFt: 348.95
City (Mailing Addr): Reynoldsburg
Corp LimitPerAuditor: Columbus
Dist To Intersxn: 2

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: Rare multi-unit investment opportunity in Reynoldsburg featuring eight townhome-style residences across four separate buildings, all situated on one parcel within the Groveport Madison School District. Each building includes two units, with every residence offering 3 bedrooms, 2.5 baths, an attached garage and basement--an appealing combination of space, privacy and functionality. Seven of the eight units have undergone recent renovations, providing an attractive blend of updated residences, immediate income and future upside. Seven units are currently renting for approximately $1,600 per month, while the remaining unrenovated unit is leased at a lower rate, creating additional income potential with future improvements. Each residence is separately metered for gas, electric and water, with tenants responsible for all utilities, helping keep ownership expenses efficient. Private entrances, garage parking and basement space give each residence a true townhome feel, while the four-building configuration allows for efficient management of all eight units in one location. Conveniently located near major roadways, shopping, dining and employment centers. A unique opportunity to acquire a substantial, income-producing multifamily asset with strong existing rents and additional upside. Curb offers only. Please do not disturb tenants.

Income/Expenses

Gross Income: 0
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Construction

Block: Yes
Frame: Yes
Vinyl Siding: Yes

Heat Fuel

Gas: Yes

Parking Features

1 Car Garage: Yes
Attached Garage: Yes
Common: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Miscellaneous

Basement: Yes
Garages: Yes
W/D Hookups: Yes

Tenant Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes
Electricity: Yes

Heating

Forced Air: Yes

New Financing

Conventional: Yes

Air Conditioning

Central Air: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

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

Listing Office: Howard Hanna Real Estate Svcs

Listing Agent: Benjamin Thomas Hemmert

Last Updated: August - 14 - 2026

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