1500 Fairview Avenue, Columbus, OH 43212
$900,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$900,000
List Date:
2/03/2026
Last Modified:
2/25/2026
Description
Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes.
3,576 SF , 4 two bedroom units with a brick 4-car garage.
Current rents:
• Three updated units averaging $1,600/month
• One long-term tenant at $800/month
• Tenants pay all utilities
Based on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1,800 for updated units).
Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus’ most walkable rental corridors.
Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities.
Ideal for:
• Investor seeking stable in-place income with upside
• 1031 exchange buyer
• Owner looking to secure long-term asset in Grandview submarket
2-year P&L and rent roll available in documents. Financials available upon request.
Supplements: ********
More Information MLS# 226003167
Location & Property Info
List Price/SqFt: 251.68
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Occupancy Rate: 100
Built Prior to 1978: Yes
Total Parking: 4
Building Sqft: 3576
Lot Size (Side): 173
Use Code: 401 – APARTMENT:4-19 UNITS
Number of Units: 4
Year Built: 1955
Acreage: 0.2
Tax Info
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 10594
Tax Incentive: No
Parcel #: 010-062633
Tax Year: 2024
Remarks & Misc
Property Description: Curb Offers only. Fully occupied four-unit brick multifamily in the heart of Fifth by Northwest District between Grandview and UA with Columbus taxes.
3,576 SF , 4 two bedroom units with a brick 4-car garage.
Current rents:
• Three updated units averaging $1,600/month
• One long-term tenant at $800/month
• Tenants pay all utilities
Based on 2024 NOI, the property is operating at a 6% cap rate at list price, with immediate upside through lease adjustments on the under-market unit (market rent ~$1,800 for updated units).
Three of four units have been remodeled with updated kitchens, baths, and neutral finishes. The fourth unit offers clear value-add potential. Shared basement, garage parking, and strong tenant demand in one of Columbus’ most walkable rental corridors.
Consistent occupancy history. Minimal landlord expense structure with tenants covering all utilities.
Ideal for:
• Investor seeking stable in-place income with upside
• 1031 exchange buyer
• Owner looking to secure long-term asset in Grandview submarket
2-year P&L and rent roll available in documents. Financials available upon request.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 4
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
4 Car Garage: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Miscellaneous
Basement: 1
Garages: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
Owner Pays
Trash: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 900000
List Price: $900,000
Property Sub Type: Flat
Street #: 1500
Street Name: Fairview
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43212
Subdiv/Cmplx/Comm: Fifth By Northwest
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-02-03
Property Features
Addl Acceptance Cond: None Known
Parking Features: 4 Car Garage
Owner Pays: Trash
Tenant Pays: Electricity; Gas; Sewer; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; Garages; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
RE/MAX Premier Choice
Listing Agent:
Matthew T Schirtzinger
Last Updated: February – 25 – 2026
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