Active

2080-2090 E 5th Avenue

Columbus, OH 43219
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.47

Acre(Lot)

Completely renovated and fully permitted 9-unit multifamily property brought back to life with over $800,000 in capital improvements. This top-to-bottom renovation offers investors a rare opportunity to acquire a true turnkey asset with no CapEx required. Some of the many updates include a new roof, new windows, new mechanicals, updated plumbing and electrical, new parking lot, exterior improvements, and full interior renovations throughout--everything has been touched. The unit mix consists of three spacious 1-bedroom / 1-bath units and six 2-bedroom / 1-bath units, all updated with modern finishes. Renovations have just been completed and three units are already leased, providing immediate income. Unit E is rented for $1,300 per month plus a $75 per month water fee through 2/28/2027, Uni t I is rented for $1,200 per month plus a $75 per month water fee through 1/31/2027, and Unit A is rented for $995 per month plus a $75 per month water fee through 3/31/2027. The remaining six units are currently being marketed for rent, offering strong upside potential for the new owner. Conveniently located near John Glenn Columbus International Airport, Ohio Dominican University, The Ohio State University, and Downtown Columbus, with easy access to shopping, dining, and major employment centers. This is an ideal opportunity for investors seeking a stabilized, low-maintenance property with long-term performance potential.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,650,000

AD Id : 76353241

MLS Id : 226008620

Lot Size : 0.47 Acre

Year Built : 1904

County : Franklin

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Room Information

    Has Basement: Yes
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Cooling: None

  • Building Information

    Year Built: 1904 Construction Materials: Brick Private Pool: No

  • Lot Information

    Main Square Feet: 0.47 Lot Size Acres: 0.47 Lot Size Square Feet: 20473.2

  • Listing Price Information

    Listing Price: $1650000

  • Tax Information

    Parcel Number: 010-081840-00 Tax Year: 2025 Annual Tax: $16271
Sell a home like this and save $98,501 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
2663-2665 Avalon Place, Columbus, OH, 43219 $219,000 -- -- --
2306-2308 E 5th Avenue, Columbus, OH, 43219 $265,000 -- -- --
2263-2265 Leonard Avenue, Columbus, OH, 43219 $435,000 -- -- --

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 06/09/2026 @ 22:06

MLS: 226008620 LISTED BY: Zeke Liston, Red 1 Realty 614-585-9020 SOURCE: Columbus and Central Ohio Regional MLS

Selling? Save $98,501 when you sell a home like this

Tour with a ByOwner Agent