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82-84 Chittenden Avenue, Columbus, OH 43201

$1,599,000
Property Type: Multi-Family Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $1,599,000 List Date: 3/14/2025 Last Modified: 9/17/2025

Description

8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A. See A2A remarks.

Supplements: ********

More Information MLS# 225007755

Location & Property Info

List Price/SqFt: 405.02 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 3948 Number of Units: 8 Year Built: 1900 Acreage: 0.14

Tax Info

Tax Abatement: No Parcel #: 010-039685-00

Remarks & Misc

Property Description: 8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A. See A2A remarks.

Status Change Info

Sold Price/SqFt: 405.02 Under Contract Date: 2025-08-28 Sold Date: 2025-09-16 Sold Price: $1,599,000

Income/Expenses

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

Addl Acceptance Cond

None Known: 1

1 Bedroom

1 Bedroom # of Units: 15

Heat Fuel

Electric: 1

Sewer

Public Sewer: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Hot Water: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1700000 Sold Price: $1,599,000 Property Sub Type: Mixed Use Street #: 82-84 Street Name: Chittenden Street Suffix: Avenue County: Franklin State: OH Zip Code: 43201 School District: COLUMBUS CSD 2503 FRA CO. Township: Franklin

OfficeContract Info

Status: Closed MLS Entry Date: 2025-03-13

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Electric Heating: Hot Water Air Conditioning: Central Air Sewer: Public Sewer MLS Primary PhotoSrc: Realtor Provided
Listing Office: Roby Realty
Listing Agent: Luana Antoniuk
Last Updated: September - 17 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.
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