Sold for $342,500

$342,500

587-591 Frebis Ave, Columbus, OH 43206

--beds

0baths

--sqft

Townhouse

Built in 1923

6,534 Square Feet Lot

$346,900 Zestimate^®

$--/sqft

$2,229 Estimated rent

Home value

$346,900

$326,000 - $368,000

$2,229/mo

Zestimate^® history

Owner options

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$2,229/mo

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$2,229/mo

Rent Zestimate^®

Refinance and save

$2,282/mo

Est. payment

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$2,282/mo

Est. payment

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What's special

Don't miss this well-positioned investment property in Columbus' vibrant South Side near Nationwide Children's Hospital and its $3.3B expansion, Downtown Columbus, and an array of local amenities. This prime location offers exceptional rental demand and strong potential for long-term appreciation. Each of the three units features 2 bedrooms, 1 bathroom, 980 sq. ft. of living space, and a basement for extra storage space. Unit 591 is rented at $976/month with a $50 monthly water fee until 3/31/2026, while Unit 587 is rented at $1,026, and Unit 589 is vacant. Additional highlights include off-street parking! Whether you're a seasoned investor or just starting your portfolio, this property presents a rare opportunity to own a multifamily asset with great cash flow in one of Columbus' fastest-growing neighborhoods.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced Air

Cooling

Has cooling: Yes

Property

Lot

Size: 6,534 Square Feet

Details

Parcel number: 010015708
Special conditions: Standard

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Condition

Year built: 1923

Utilities & green energy

Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Community & HOA

Location

Region: Columbus

Financial & listing details

Tax assessed value: $224,700
Annual tax amount: $3,604
Date on market: 11/5/2025

Price history

Date	Event	Price
11/4/2025	Sold	$342,500-0.7%
Source: Columbus and Central Ohio Regional MLS #225041942 Report a problem
9/29/2025	Contingent	$345,000
Source: Columbus and Central Ohio Regional MLS #225031797 Report a problem
9/19/2025	Price change	$345,000-2.8%
Source: Columbus and Central Ohio Regional MLS #225031797 Report a problem
8/22/2025	Listed for sale	$355,000+29.1%
Source: Columbus and Central Ohio Regional MLS #225031797 Report a problem
10/17/2022	Sold	$275,000+120%
Source: Public Record Report a problem
2/10/2017	Sold	$125,000+6.4%
Source: Public Record Report a problem
3/3/2006	Sold	$117,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,604 +1.3%	$78,650
2023	$3,559 +62.4%	$78,650 +90.7%
2022	$2,192 -0.2%	$41,240
2021	$2,196 -0.1%	$41,240
2020	$2,199 +2.9%	$41,240 +20%
2019	$2,138 +1%	$34,380
2018	$2,117	$34,380
2017	$2,117 +1.6%	$34,380 +12.1%
2016	$2,084 +2.9%	$30,670
2015	$2,025	$30,670
2014	$2,025 +105.2%	$30,670 -5%
2013	$987 -48.9%	$32,270
2011	$1,931 -4.8%	$32,270 -9.4%
2010	$2,029 +3.7%	$35,630
2008	$1,956 +21.8%	$35,630
2007	$1,606 +0.4%	--
2006	$1,600 +4.2%	--
2005	$1,536 -14%	--
2004	$1,787 +74.4%	--
2003	$1,024 +0.4%	--
2002	$1,020 +8.1%	--
2001	$944 -0.5%	--
2000	$948	--