Rare multi-unit investment opportunity in Reynoldsburg featuring eight townhome-style residences across four separate buildings, all situated on one parcel within the Groveport Madison School District. Each building includes two units, with every residence offering 3 bedrooms, 2.5 baths, an attached garage and basement--an appealing combination of space, privacy and functionality. Seven of the eight units have undergone recent renovations, providing an attractive blend of updated residences, immediate income and future upside.
Seven units are currently renting for approximately $1,600 per month, while the remaining unrenovated unit is leased at a lower rate, creating additional income potential with future improvements. Each residence is separately metered for gas, electric and water, with tenants responsible for all utilities, helping keep ownership expenses efficient.
Private entrances, garage parking and basement space give each residence a true townhome feel, while the four-building configuration allows for efficient management of all eight units in one location. Conveniently located near major roadways, shopping, dining and employment centers. A unique opportunity to acquire a substantial, income-producing multifamily asset with strong existing rents and additional upside.
Curb offers only. Please do not disturb tenants.
For sale
$1,399,999
6900-6928 Gemstar Rd, Reynoldsburg, OH 43068
--beds
0baths
--sqft
Duplex
Built in 1987
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Attached garagePrivate entrancesBasement spaceGarage parkingRecent renovations
- 19 days
- 235
- 11
Zillow last checked:
Listing updated:
Listed by:
Benjamin Thomas Hemmert 614-309-6197,
Howard Hanna Real Estate Svcs
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226030558
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Central Air
Property
Parking
- Total spaces: 19
- Parking features: Common
Lot
- Size: 0.78 Acres
Details
- Parcel number: 530210669
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Independence Village
Location
- Region: Reynoldsburg
Financial & listing details
- Tax assessed value: $560,000
- Annual tax amount: $12,236
- Date on market: 8/12/2026
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $1,399,999-12.2% |
Source: | ||
| 6/26/2026 | Listing removed | $1,595,000 |
Source: | ||
| 2/9/2026 | Listed for sale | $1,595,000 |
Source: | ||
| 2/4/2026 | Contingent | $1,595,000 |
Source: | ||
| 1/23/2026 | Listed for sale | $1,595,000+32.9% |
Source: | ||
| 7/8/2022 | Listing removed | -- |
Source: | ||
| 6/27/2022 | Contingent | $1,200,000 |
Source: | ||
| 6/10/2022 | Listed for sale | $1,200,000+41.2% |
Source: | ||
| 9/29/2020 | Sold | $850,000+71.5% |
Source: Public Record Report a problem | ||
| 10/3/2002 | Sold | $495,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,430 +0.6% | $196,010 |
| 2023 | $11,362 -41.6% | $196,010 -34.1% |
| 2022 | $19,454 +74.7% | $297,500 +77.1% |
| 2021 | $11,136 +0.3% | $168,000 |
| 2020 | $11,103 +10.7% | $168,000 +20% |
| 2019 | $10,030 +0.3% | $140,010 |
| 2018 | $10,004 | $140,010 |
| 2017 | $10,004 +9.4% | $140,010 +13.9% |
| 2016 | $9,140 -1.4% | $122,930 |
| 2015 | $9,270 | $122,930 |
| 2014 | $9,270 +126.7% | $122,930 +0% |
| 2013 | $4,089 -49% | $122,920 |
| 2011 | $8,025 -32.9% | $122,920 -35% |
| 2010 | $11,964 +10.8% | $189,245 |
| 2008 | $10,795 +3.4% | $189,245 |
| 2007 | $10,438 +0.7% | -- |
| 2006 | $10,362 +1% | -- |
| 2005 | $10,261 +10% | -- |
| 2004 | $9,330 +0.4% | -- |
| 2003 | $9,297 +31.4% | -- |
| 2002 | $7,077 +1.1% | -- |
| 2001 | $6,997 -2.3% | -- |
| 2000 | $7,161 | -- |
Find assessor info on the county website
Monthly payment
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