Active

1280 Indianola Avenue

Columbus, OH 43201
Mark as Favorite
Acres0.23

Acre(Lot)

Prime Development Opportunity in the Heart of Columbus! Well-located infill development site near the University District in Weinland Park, just minutes from Ohio State, Short North, and Downtown Columbus. Positioned within a designated Opportunity Zone, the property offers potential tax advantages for qualified investors along with strong rental demand in the surrounding area. Also can quality for a 15 year tax abatement for further development incentives. The site consists of approximately 0.23 acres (70' x 144') with alley access, providing flexibility for multifamily redevelopment. The existing structure is a candidate for demolition, allowing for a clean slate development approach. Preliminary zoning and planning analysis indicates a clear path for a multifamily project in the 5-7 unit range through the variance process. Conceptual planning also suggests the potential for additional density with a more comprehensive design, parking strategy, and entitlement approach. Attached survey provided to further define the buildable envelope and optimize site layout. Located in an established residential corridor with a mix of single-family and multifamily uses, the site benefits from proximity to major employment centers, public transit, and neighborhood amenities. Continued demand in this submarket supports well-positioned small to mid-scale multifamily development. Lot lines shown in photos are approximate and for illustrative purposes only. Seller is a licensed real estate agent in the State of Ohio.

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $400,000

AD Id : 78336515

MLS Id : 226016327

Lot Size : 0.23 Acre(Lot)

County : Franklin

Subdivision: Metes And Bounds

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Building Information

    Year Built: 1900 Private Pool: No

  • Lot Information

    Main Square Feet: 0.23 Lot Size Acres: 0.23 Lot Size Square Feet: 10018.8

    Property Information

    Subdivision: Weinland Park Source Property Type: Land Zoning Description: Residential Property Age: 126

  • Listing Price Information

    Listing Price: $400000

  • Tax Information

    Parcel Number: 010-047914 Tax Year: 2024 Annual Tax: $544

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available
  • Location Information

    WaterSource: Public
Sell a home like this and save $23,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Leona Avenue, Columbus, OH, 43201 $3,750,000 -- -- -- 12.48 Acres(Lot)
997-999 Gibbard Avenue, Columbus, OH, 43201 $40,000 -- -- -- 0.10 Acre(Lot)
923 Camden Avenue, Columbus, OH, 43201 $30,000 -- -- -- 0.09 Acre(Lot)
276 E 4th Avenue, Columbus, OH, 43201 $455,455 -- -- -- 0.13 Acre(Lot)

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus REALTORS®. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information deemed reliable but not guaranteed. Copyright © 2026 Columbus REALTORS®. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 03:29

MLS: 226016327 LISTED BY: Oliver Chapman, Keller Williams Consultants 614-932-2000 SOURCE: Columbus and Central Ohio Regional MLS

Homes around $400,000

Selling? Save $23,501 when you sell a home like this

Tour with a ByOwner Agent