1635-1645 E Mound Street Columbus, OH $ 1,500,000
1635-1645 E Mound Street
$ 1,500,000
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1635-1645 E Mound Street

Columbus, OH, 43205
$ 1,500,000
Bedrooms-- Baths-- Sq 12,288

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Columbus, OH

for $1,500,000. This 12,288 square foot building was built in 1952 on a lot size of 0.57.

Back on Market! Excellent investment opportunity! This well-maintained 16-unit apartment building is 100% occupied with strong rental history and long-term tenants. Current rents are below market, providing significant upside potential for increased cash flow. 7-1 car garages not being rented and large basement workshops for maintenance. Excellent value add opportunity with a cash flowing property!

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Commercial Contingent

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 17,180

Style

Lot Size

0.57

Year Built

1952

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

225040015

Features
General
Sewer Public Sewer
Heating Forced Air
Year Built 1952
Electric Single Phase
Stories Count 2
Township None
Property Subtype Other Com
Tax Year 2024
Gross Income 168180.0
County Franklin
Net Operating Income 132641.0
Operating Expense 35539.0
Property Type Commercial Sale
MaintenanceExpense 6000.0
Status Contingent Escape
City Columbus
Number Of Units Total 16
Lot Size Square Feet 24829.2
Land Lease Y/N N
Tax Annual Amount 17180.0
Electric Expense 5370.0
Water Sewer Expense 6989.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=97v8dELaXPe
Standard Status Active Under Contract
Senior Community None
New Construction None
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Exterior
Water Source Public
Total Parking 14.0
Lot Size Area 0.57
Spa N
Building Area Total 12288.0
Lot Size Acres 0.57
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 16351645
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* Excluded Features
List By
Jeffrey I Kanowsky

Listing Agent

Keller Williams Greater Cols

Broker

jeffk@capitolohioteam.com

Email

Affordability Calculator

$10,790
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$1,432
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
1421267 Elementary School
1421418 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$1,500,000 Listed Price

Map


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1635-1645 E Mound Street, Columbus, OH, 43205 is a Commercial Property for sale at $1,500,000 with 12,288 sqft and a lot size of 0.57. 1635-1645 E Mound Street was built in 1952. The property's zip code is 43205 which is in Columbus, OH