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261 S Chase Avenue Columbus, OH $ 1,650,000
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$ 1,650,000 Get more info
261 S Chase Avenue
$ 1,650,000
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261 S Chase Avenue

Columbus, OH, 43204
$ 1,650,000
Bedrooms24 Baths0.0

Monthly Estimate*

$ 10,294

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Multi-Family Home for sale in Columbus, OH

for $1,650,000 with 24 bedrooms. This home was built in 1948 on a lot size of 0.13.

Excellent location adjacent to Westgate and West High School. Rare and exceptional opportunity to own 12 unit portfolio on single NNN lease through December of 2027. That's over 2 years of no property tax, insurance, maintenance, property management fees, or turnover expenses. UPDATES GALORE. Mostly all new windows, remodeled kitchens, updated bathrooms, mechanicals, electric, and newer roofs since in the past 4 years. Each unit is leased for $1,100/mo which means $13,200 a month in gross rents without expenses. Shared basements with laundry hookups. Very well maintained. All units have wide concrete parking pads from lot line to lot line and/or two car detached garages. Curb offers only, please do not disturb tenants.

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Multi-Family Contingent

Price

$ 1,650,000

Bedrooms

24

Property Type

Multi-Family

Taxes

$ 25,243

Style

Lot Size

0.13

Year Built

1948

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

225031239
Features
General
Sewer Public Sewer
Year Built 1948
Township None
Property Subtype Duplex
Tax Year 2024
Gross Income 158400.0
Additional Parcels Description 010-040009-00 010-040010-00 010-040011-00 010-064176-00 010-196063-00
County Franklin
Net Operating Income 158400.0
Operating Expense 0.0
Property Type Multi-Family
Status Contingent
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 12
Lot Size Square Feet 5662.8
Land Lease Y/N N
Tax Annual Amount 25243.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Rent Control Y/N N
Standard Status Active Under Contract
Senior Community None
New Construction None
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Exterior
Parking Features Common
Lot Size Area 0.13
Spa N
Lot Size Acres 0.13
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
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Internal Only
Street Number 1 261
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* Excluded Features
List By
Oliver Chapman

Listing Agent

Keller Williams Consultants

Broker

oliverchapman@kw.com

Email

Affordability Calculator

$12,397
Per Month
83%
17%
0%
Monthly Principal & Interest
$10,294
Monthly Property Taxes
$2,104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421409 Elementary School
1421044 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2025$1,650,000 -3.51% Price Down
8/18/2025$1,710,000 Listed Price

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261 S Chase Avenue, Columbus, OH, 43204 is a Multi-Family Home for sale at $1,650,000 with a lot size of 0.13. 261 S Chase Avenue has 24 bedrooms, 0.0 baths, and was built in 1948. The property's zip code is 43204 which is in Columbus, OH

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