Turnkey 3-unit apartment building positioned directly near the transformational $2 billion John Glenn Columbus International Airport expansion and redevelopment project! This high-growth location places the property in the path of continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side.
The asset features long-term tenants with an excellent payment history, providing immediate and reliable cash flow for investors seeking a stable multifamily property with future upside potential. With minimal deferred maintenance and 2,484 finished square feet consisting of one 1bed/1ba ($800), one 2bed/1ba ($832), and one 3bed/1ba ($1325). This is a strong turnkey addition to any portfolio.
Beyond its current performance as a long-term rental, the property is exceptionally well positioned for future mid-term or short-term rental use due to its close proximity to the airport, downtown Columbus, and major employment hubs. The surrounding airport expansion is expected to drive continued demand from traveling professionals, airline personnel, contractors, and visitors seeking convenient accommodations near one of the region's largest infrastructure investments.
3244 E Fifth Ave offers investors the rare combination of in-place income, strategic location, and long-term growth potential in one of Columbus' rapidly evolving corridors.
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Zillow last checked:
Listing updated:
Listed by:
David Spurlock614-656-1316,
Red 1 Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226016519
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Heating
Forced Air
Cooling
Has cooling: Yes
Property
Parking
Total spaces: 6
Lot
Size: 6,098 Square Feet
Details
Parcel number: 010066638
Construction
Type & style
Home type: MultiFamily
Property subtype: Mixed Use
Condition
Year built: 1920
Major remodel year: 2020
Utilities & green energy
Sewer: Public Sewer, Storm Sewer
Water: Public
Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Location
Region: Columbus
Financial & listing details
Tax assessed value: $207,300
Annual tax amount: $3,329
Date on market: 5/12/2026
Listing terms: FHA,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/19/2026
Price change
$350,000-12.5%
Source: Columbus and Central Ohio Regional MLS #226016519Report a problem
5/12/2026
Listed for sale
$400,000-14%
Source: Columbus and Central Ohio Regional MLS #226016519Report a problem
5/8/2025
Listing removed
$465,000
Source: Columbus and Central Ohio Regional MLS #225010469Report a problem
4/17/2025
Price change
$465,000-0.9%
Source: Columbus and Central Ohio Regional MLS #225010469Report a problem
4/15/2025
Price change
$469,000-1.3%
Source: Columbus and Central Ohio Regional MLS #225010469Report a problem
4/3/2025
Listed for sale
$475,000+5.6%
Source: Columbus and Central Ohio Regional MLS #225010469Report a problem
3/28/2022
Sold
$450,000+13.9%
Source: Columbus and Central Ohio Regional MLS #222004339Report a problem
3/28/2022
Pending sale
$395,000
Source: Columbus and Central Ohio Regional MLS #222004339Report a problem
2/18/2022
Contingent
$395,000
Source: Columbus and Central Ohio Regional MLS #222004339Report a problem
2/16/2022
Listed for sale
$395,000+618.2%
Source: Columbus and Central Ohio Regional MLS #222004339Report a problem
3/6/2015
Sold
$55,000-8.2%
Source: Columbus and Central Ohio Regional MLS #214045438Report a problem
11/7/2014
Listed for sale
$59,900-14.4%
Source: Coldwell Banker King Thompson - Arlington/Clintonville/Grandview Regional #214045438Report a problem
6/29/2011
Listing removed
$70,000
Source: Coldwell Banker King Thompson - Arlington / Clintonville / Grandview #2901394Report 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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