$1,500,000
 $9,980 est/mo Sourced by Back At You

419-435 N Ohio Avenue,Columbus, OH 43203

Columbus, OH 43203

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Description

Invest in one of Downtown Columbus' most promising rental corridors with this 9-unit multifamily opportunity across the street from the King-Lincoln Bronzeville neighborhood. The multi-family asset features seven 2-bedroom units and two 3-bedroom units, offering an ideal unit mix for strong rental demand and long-term portfolio stability. The property benefits from a LIHTC tax abatement through 2028, with the potential to renew tax credits for up to an additional 30 years (subject to program qualifications and applicable regulations), creating an attractive opportunity for affordable housing investors. The property is also eligible for Section 8 housing, providing additional leasing flexibility and a reliable tenant pool. Major capital improvements include a new roof installed in 2022, helping reduce future maintenance costs. Positioned just minutes from Downtown Columbus, Nationwide Children's Hospital, Grant Medical Center, Franklin Park Conservatory, the Lincoln Theatre, and the rapidly expanding Near East Side, this location continues to benefit from significant public and private investment. King-Lincoln Bronzeville is celebrated for its rich cultural history, thriving arts scene, and convenient access to I-70, I-71, and I-670, making commuting throughout Central Ohio exceptionally convenient. The neighborhood has experienced continued revitalization with new residential development, restaurants, retail, and community investment while maintaining its historic character. Please do not disturb tenants. Owner is a licensed real estate agent in the State of Ohio.

Details

MLS #226027286
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site32
Listing Provided ByKeller Williams Consultants | Oliver Chapman

Features

Units9
Acreage0.20

Taxes

Property12466

Area Information

StateOH
CountyFranklin
CityColumbus
Zip Code43203
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43203)
Price:
$1,500,000
low | high
Med:
$304,950
100% of Average
On site:
32
low | high
Med:
77.5
41.290322580645% of Average
Sourced by Back At You

Market Activity 43203

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Contact

Learn More About This Property

Tammy Marquardt

Tammy Marquardt

e-Merge Real Estate

2003020316 (614) 419-0611tammy.marquardt@e-merge.com
StateOH
CountyFranklin
CityColumbus
Zip Code43203
School DistrictCOLUMBUS CSD 2503 FRA CO.
High SchoolCOLUMBUS CSD 2503 FRA CO.
Listing VS Median (in 43203)
Price:
$1,500,000
low | high
Med:
$304,950
100% of Average
On site:
32
low | high
Med:
77.5
41.290322580645% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
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1259 Atcheson Street Property Photo 1
$55,000
1259 Atcheson Street
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0 N Ohio Avenue Property Photo 1
$40,000
0 N Ohio Avenue
Columbus, OH 43203
Listing Updated: July 31, 2026 at 10:26:11 PM PDT