3244 E 5th Avenue Columbus, OH $ 400,000
3244 E 5th Avenue
$ 400,000
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3244 E 5th Avenue

Columbus, OH, 43219
$ 400,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,463

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Multi-Family Home for sale in Columbus, OH

for $400,000 with 6 bedrooms. This home was built in 1920 on a lot size of 0.14.

Turnkey 3-unit apartment building positioned directly near the transformational $2 billion John Glenn Columbus International Airport expansion and redevelopment project! This high-growth location places the property in the path of continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side. The asset features long-term tenants with an excellent payment history, providing immediate and reliable cash flow for investors seeking a stable multifamily property with future upside potential. With minimal deferred maintenance and 2,484 finished square feet consisting of one 1bed/1ba ($832), one 2bed/1ba (Occupied), and one 3bed/1ba ($1325). This is a strong turnkey addition to any portfolio. Beyond its current performance as a long-term rental, the property is exceptionally well positioned for future mid-term or short-term rental use due to its close proximity to the airport, downtown Columbus, and major employment hubs. The surrounding airport expansion is expected to drive continued demand from traveling professionals, airline personnel, contractors, and visitors seeking convenient accommodations near one of the region's largest infrastructure investments. 3244 E Fifth Ave offers investors the rare combination of in-place income, strategic location, and long-term growth potential in one of Columbus' rapidly evolving corridors.

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Multi-Family Active

Price

$ 400,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 3,329

Style

Lot Size

0.14

Year Built

1920

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

226016519

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Water Available Sewer Available Natural Gas Available Electricity Available Storm Sewer
Year Built 1920
Township None
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Status Active
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 3
Lot Size Square Feet 6098.4
Land Lease Y/N N
Tax Annual Amount 3329.0
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
Year Built Effective 2020
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Exterior
Water Source Public
Total Parking 6.0
Lot Size Area 0.14
Spa N
Lot Size Acres 0.14
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 3244
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* Excluded Features
List By
David Spurlock

Listing Agent

Red 1 Realty

Broker

david@listonre.com

Email

Affordability Calculator

$2,740
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$277
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
5/12/2026$400,000 Listed Price

Map


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3244 E 5th Avenue, Columbus, OH, 43219 is a Multi-Family Home for sale at $400,000 with a lot size of 0.14. 3244 E 5th Avenue has 6 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 43219 which is in Columbus, OH