Three car detached garageGated entryTwo new furnacesFive garage spacesNew plumbingExtensive framingNew roof
Rare redevelopment opportunity in historic Olde Towne East, just minutes from Downtown Columbus. This massive four unit property offers approximately 6,569 square feet of planned living space and significant upside for an investor, developer, or builder ready to complete the renovation.
Approximately 40 to 50 percent of the work has been completed. Updated architectural plans reimagine the building as four spacious residences with modern layouts, large windows, private porch or balcony areas, generous living spaces, and desirable amenities. Improvements completed or underway include a new roof, two new furnaces, new plumbing, updated electrical, fresh exterior paint, extensive framing, and separate utility metering for each unit.
Planned layouts include:
(Unit A: 1,913 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit B: 1,834 square feet, 3 bedrooms, 2.5 bathrooms)
(Unit C: 1,482 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit D: 1,340 square feet, 2 bedrooms, 2.5 bathrooms)
The property also offers five garage spaces, including a three car detached garage and a planned two car attached garage, plus gated entry, a fenced 0.29 acre lot, and room for additional off street parking.
According to the seller, the property appraised for nearly $1,000,000 before renovations began. The seller has also been advised that the City may allow the units to be sold individually as condominiums, creating an additional potential exit strategy. Buyer to independently verify zoning, permits, approvals, square footage, plans, and intended use.
Located in one of Columbus' most historic and architecturally distinctive neighborhoods, this property offers convenient access to Downtown Columbus, dining, entertainment, hospitals, employment centers, and major highways. Blueprints and architectural plans are available.
12 days
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199
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Zillow last checked:
Listing updated:
Listed by:
Aric J Gibson614-571-3544,
New Directions Realty, LLC
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226025758
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Property
Lot
Size: 0.29 Acres
Details
Parcel number: 010023027
Construction
Type & style
Home type: MultiFamily
Property subtype: Condominium
Condition
Year built: 1998
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Water: Public
Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Community
Subdivision: olde towne east
Location
Region: Columbus
Financial & listing details
Tax assessed value: $563,500
Annual tax amount: $9,039
Date on market: 7/10/2026
Listing terms: Owner Financing,Other,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/10/2026
Listed for sale
$700,000
Source: Columbus and Central Ohio Regional MLS #226025758Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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