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5274-5280 Portland St

4 Unit Apartment Building $800,000 ($200,000/Unit) Columbus, OH 43235

Apartment Buildings Ohio Columbus 5274-5280 Portland St, Columbus, OH 43235

Investment Highlights

  • Rare 4 unit multifamily off Bethel Road
  • 100% occupied
  • Tremendous rental upside
  • Each unit is individually parceled and submetered
  • 2 bedrooms, 1.5 bathroom with enclosed patios

Executive Summary

Rare find off Bethel Road. 4 unit multifamily townhomes. Individually parceled and submetered. 100% occupied. 2 bedrooms, 1.5 bath with finished basements.
Curb offers only. Dont disturb tenants. Signifiant upside on rents.

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income $64,800 $10.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $64,800 $10.45
Taxes $1,742 $0.28
Operating Expenses $8,160 $1.32
Total Expenses $9,902 $1.60
Net Operating Income $54,898 $8.85

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual $64,800
Annual Per SF $10.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $64,800
Annual Per SF $10.45
Taxes
Annual $1,742
Annual Per SF $0.28
Operating Expenses
Annual $8,160
Annual Per SF $1.32
Total Expenses
Annual $9,902
Annual Per SF $1.60
Net Operating Income
Annual $54,898
Annual Per SF $8.85

Property Facts

Price $800,000 Building Class C
Price Per Unit $200,000 Lot Size 0.01 AC
Sale Type Investment Building Size 6,200 SF
No. Units 4 Average Occupancy 100%
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 Year Built/Renovated 1978/2021
Apartment Style Townhome Parking Ratio 0.65/1,000 SF
Price $800,000
Price Per Unit $200,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Townhome
Building Class C
Lot Size 0.01 AC
Building Size 6,200 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1978/2021
Parking Ratio 0.65/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 1 $1,075 1,056
2+1.5 1 $1,300 1,056
2+1.5 1 $1,300 1,056
2+1.5 1 $1,000 1,056
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Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
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of any address. Transit Score®
measures access to public transit. Bike Score®
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Learn How It Works Detailed Scores
(614) 477-3133

Contact

  • Listing ID: 34284590

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 5274-5280 Portland St, Columbus, OH 43235

More public record information on 5274-5280 Portland St, Columbus, OH 43235

The Multifamily Property at 5274-5280 Portland St, Columbus, OH 43235 is currently available for sale. Contact Keller Williams Consultants Realty for more information.

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5274-5280 Portland St
(614) 477-3133 x

5274-5280 Portland St

Fadi Suleiman

(614) 477-3133

(614) 477-3133

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