1524 Genessee Avenue Columbus, OH $ 499,900
1524 Genessee Avenue
$ 499,900
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1524 Genessee Avenue

Columbus, OH, 43211
$ 499,900
Bedrooms8 Baths0.0

Monthly Estimate*

$ 3,078

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Multi-Family Home for sale in Columbus, OH

for $499,900 with 8 bedrooms. This home was built in 1970 on a lot size of 0.22.

Turnkey four-unit investment opportunity in the heart of Downtown Columbus! Each spacious unit offers 2 bedrooms, 1 bathroom, and approximately 800 square feet of living space, making this property highly attractive to tenants and investors alike. Three of the four units have undergone a full cosmetic renovation, featuring all new LVP flooring, fresh paint throughout, new carpet on common stairways, and updated bathrooms. Major mechanical updates include new furnaces and central AC units, providing peace of mind and long-term efficiency. The exterior has been significantly improved with fresh paint, new windows, updated fencing, and a newly installed parking lot--enhancing both curb appeal and functionality. Currently, three units are rented, providing immediate cash flow, while one unit remains unrenovated--offering a clear value-add opportunity for the next owner to increase rents and maximize returns. This setup also creates an ideal house hack opportunity--live in the vacant unit while collecting rental income from the other three units to offset (or potentially cover) your mortgage. Finish renovating the final unit to your taste, build equity, and then either lease it out for increased cash flow or continue to enjoy reduced living expenses in a prime Downtown location. Located just minutes from Downtown Columbus' top employers, dining, and entertainment, this is a rare chance to acquire a stabilized asset with upside potential and owner-occupant flexibility.

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Multi-Family Active

Price

$ 499,900

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 4,731

Style

Lot Size

0.22

Year Built

1970

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226012967

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Year Built 1970
Township None
Property Subtype Mixed Use
Tax Year 2024
Gross Income 4600.0
County Franklin
Net Operating Income 3910.0
Operating Expense 690.0
Property Type Multi-Family
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 4
Lot Size Square Feet 9583.2
Land Lease Y/N N
Tax Annual Amount 4731.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
New Financing FHA True
New Financing Coventional True
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Exterior
Lot Size Area 0.22
Spa N
Lot Size Acres 0.22
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
Heating-Forced Air True
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Internal Only
Street Number 1 1524
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* Excluded Features
List By
William Christopher Harr

Listing Agent

Re/Max One

Broker

williamharrrealtor@gmail.com

Email

Affordability Calculator

$3,472
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$394
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
1421409 Elementary School
1421044 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$499,900 Listed Price

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1524 Genessee Avenue, Columbus, OH, 43211 is a Multi-Family Home for sale at $499,900 with a lot size of 0.22. 1524 Genessee Avenue has 8 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 43211 which is in Columbus, OH