853 Thurman Avenue, Columbus, OH 43206

$4,390,000
Property Type: Multi-Family Status: Active
Current Price: $4,390,000 List Date: 5/07/2026 Last Modified: 5/07/2026

Overview

Description

Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.

Listing Details MLS# 226015772

Location Property Info

Original List Price
4390000
Property Sub Type
Townhouse
Street #
853
Street Name
Thurman
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43206
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-05-07

General Property Info

Number of Units
12
# of Buildings
3
Total Parking
18
Off Street Parking Spaces
12
Year Built
1955
Built Prior to 1978
Yes

Tax Info

Parcel #
010-028146-00
Addl Parcel Numbers
010-028145-00, 010-028731-00
Tax Abatement
Yes
Abatement End Date
2040-01-02
Taxes (Yrly)
3880
Tax Incentive
No

1 Bedroom

1 Bedroom # of Units
4

2 Bedroom

2 Bedroom # of Units
8

More Information

Expenses

R.E. Taxes
3444
Property Insurance
16490
Electricity Expense
14400
Property Management
46775
Gas Expense
11520
Supplies
6000

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.

Income/Expenses

Gross Income
467756
Net Operating Income
310230
Total Expenses
157526

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Parking Features

No Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Miscellaneous

Basement
Yes
Security System
Yes

Alternate Uses

Other
Yes

Heating

Forced Air
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Electric
Yes
Gas
Yes
Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: No Garage Owner Pays: Electric; Gas; Sewer; Trash; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Basement; Security System Alternate Uses: Other MLS Primary PhotoSrc: Realtor Provided
Listing Office: Valor Real Estate
Listing Agent: Nathan D Jacob
Last Updated: May - 07 - 2026
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