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For sale
  • Price cut: $50K (6/19)
    $350,000

    3244 E 5th Ave, Columbus, OH 43219

    --beds
    0baths
    --sqft
    : 
    $2,558/mo
    Get pre-qualified
    Mixed Use
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    73 days
    |
    260
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Spurlock 614-656-1316,

    Red 1 Realty

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 226016519MLS Logo

      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

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Price change$350,000-12.5%
        Source: Columbus and Central Ohio Regional MLS #226016519 Report a problem
        5/12/2026Listed for sale$400,000-14%
        Source: Columbus and Central Ohio Regional MLS #226016519 Report a problem
        5/8/2025Listing removed$465,000
        Source: Columbus and Central Ohio Regional MLS #225010469 Report a problem
        4/17/2025Price change$465,000-0.9%
        Source: Columbus and Central Ohio Regional MLS #225010469 Report a problem
        4/15/2025Price change$469,000-1.3%
        Source: Columbus and Central Ohio Regional MLS #225010469 Report a problem
        4/3/2025Listed for sale$475,000+5.6%
        Source: Columbus and Central Ohio Regional MLS #225010469 Report a problem
        3/28/2022Sold$450,000+13.9%
        Source: Columbus and Central Ohio Regional MLS #222004339 Report a problem
        3/28/2022Pending sale$395,000
        Source: Columbus and Central Ohio Regional MLS #222004339 Report a problem
        2/18/2022Contingent$395,000
        Source: Columbus and Central Ohio Regional MLS #222004339 Report a problem
        2/16/2022Listed for sale$395,000+618.2%
        Source: Columbus and Central Ohio Regional MLS #222004339 Report a problem
        3/6/2015Sold$55,000-8.2%
        Source: Columbus and Central Ohio Regional MLS #214045438 Report a problem
        11/7/2014Listed for sale$59,900-14.4%
        Source: Coldwell Banker King Thompson - Arlington/Clintonville/Grandview Regional #214045438 Report a problem
        6/29/2011Listing removed$70,000
        Source: Coldwell Banker King Thompson - Arlington / Clintonville / Grandview #2901394 Report a problem
        2/25/2011Listed for sale$70,000
        Source: NRT KingThompson #2901394 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,325 +1.3%$72,560
        2023$3,284 +152.8%$72,560 +196.9%
        2022$1,299 -0.2%$24,440
        2021$1,301 -0.1%$24,440
        2020$1,303 -5.7%$24,440 +9.9%
        2019$1,382 +0.2%$22,230
        2018$1,380 $22,230
        2017$1,380 +1.3%$22,230 +10.8%
        2016$1,363 +10.9%$20,060
        2015$1,229 $20,060
        2014$1,229 +60.7%$20,060 -15%
        2013$765 -47.2%$23,590
        2011$1,448 -11%$23,590 -15.6%
        2010$1,628 +9.8%$27,965
        2008$1,482 +18.7%$27,965
        2007$1,249 +0.4%--
        2006$1,244 +4.2%--
        2005$1,194 +65.9%--
        2004$720 +20.1%--
        2003$599 +0.4%--
        2002$597 +0.8%--
        2001$592 -0.5%--
        2000$595 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Columbus

        Getting around

        48 / 100
        Car-Dependent
        40 / 100
        Some Transit
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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