3298 E 5th Avenue # 3294 Columbus, OH $ 1,600,000
3298 E 5th Avenue # 3294
$ 1,600,000
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3298 E 5th Avenue # 3294

Columbus, OH, 43219
$ 1,600,000
Bedrooms-- Baths-- Sq 4,724

Monthly Estimate*

$ 9,851

3298 E 5th Avenue # 3294, Columbus, OH 43219 - Image 1
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Commercial Property for sale in Columbus, OH

for $1,600,000. This 4,724 square foot building was built in 1969 on a lot size of 0.79.

This exceptional apartment complex, meticulously renovated to provide maximum returns! Highlights include a newer roof, eight new high-efficiency furnaces, twelve new modern A.C units, and brand-new appliances in all units, twelve new hot water heaters. The units feature upgraded flooring, cabinetry, and vanities, along with new concrete patios. All 12 units have been beautifully painted, and the parking lot has been expertly repaired and coated. This turnkey property is occupied by a single reliable tenant(Company), who pays monthly rent for all 12 units, ensuring a smooth investment experience.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 17,756

Style

Lot Size

0.79

Year Built

1969

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

225045204

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Water Available Storm Sewer Sewer Available Natural Gas Available Electricity Available
Year Built 1969
Electric 3 Phase
Tenant Pays All Utilities
Stories Count 1
Township None
Unit Number 3294
Property Subtype Other Com
Tax Year 2024
Gross Income 172800.0
County Franklin
Net Operating Income 142903.96
Operating Expense 29896.04
Insurance Expense 11782.8
Property Type Commercial Sale
MaintenanceExpense 157.02
Status Active
City Columbus
Lot Size Square Feet 34412.4
Land Lease Y/N N
Tax Annual Amount 17756.0
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing Coventional True
Unit 3294
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Exterior
Water Source Public
Total Parking 24.0
Lot Size Area 0.79
Spa N
Building Area Total 4724.0
Lot Size Acres 0.79
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 3298
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* Excluded Features
List By
Ronald Manley

Listing Agent

E-Merge Real Estate Unlimited

Broker

Ronald.Manley@e-merge.com

Email

Affordability Calculator

$11,331
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$1,480
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/10/2025$1,600,000 Listed Price

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3298 E 5th Avenue # 3294, Columbus, OH, 43219 is a Commercial Property for sale at $1,600,000 with 4,724 sqft and a lot size of 0.79. 3298 E 5th Avenue # 3294 was built in 1969. The property's zip code is 43219 which is in Columbus, OH