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642-654 W State Street, 
Columbus, OH 43215

$850,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Alexander N Marsh

The Robert Weiler Company

614-221-4286

Last updated:

April 16, 2025, 02:42 PM

MLS#

225000698

Source:

OH CBR

About This Home

642-654 W State Street

This multi-unit property is a fantastic opportunity for investors. 7 renovated units in the heart of East Franklinton and walking distance to breweries. TAX ABATEMENT PENDING! New HVAC systems, windows, roofing, siding, appliances, tile, electrical, flooring, & plumbing fixtures in some units. It is in OPPORTUNITY ZONE, offering significant benefits INCUDING 10% OF PURCHASE PRICE TAX CREDIT. It provides rental income & holds redevelopment potential, making it an attractive option for long-term growth. The units could be sold off separately in the future for additional upside. This is a chance to invest in a high-demand area with organic rent growth and future redevelopment opportunity, close proximity to entertainment and restaurants.

Home Facts

Multi-Family

Built in 1900

Price Summary

850,000

MLS #:

225000698

Last Updated:

April 16, 2025, 02:42 PM

Added:

3 month(s) ago


Structure

Structure

Year Built:

1900


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$850,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.