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217 W Hubbard Avenue

Columbus, OH 43215
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$734,900 $3,098/Mo
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Bed --

Bed

Bath 0

Bath

Acres0.11

Acre(Lot)

Victorian Village 4-Unit | $79K Income | 8% Cap | ADU / 5th Unit Potential Rare opportunity to acquire a brick four-unit located just one block from Goodale Park and approximately 5 blocks to the Short North Arts District. The property produces approximately $79,080 in current rental income with upside potential to over $92,000, offering an estimated 8% cap rate with pro-forma potential near 10% through rental optimization, supported by three units utilizing CMHA vouchers and one-bedroom payment standards in this ZIP code of approximately $1,969, the highest in Franklin County. Features four off-street parking spaces and on-site coin-operated laundry providing additional income. Current rents are $1,800, $1,645, $1,500, and one unit available for immediate lease-up, conservatively project ed around $1,645 with additional upside potential. Rear parking offers additional value-add potential, as similar properties have added garage structures with residential units above, creating a potential fifth unit and additional income, subject to zoning and city approvals. Also ideal for an owner-occupant or first-time investor to leverage low down payment financing and strong rental income to offset housing costs while beginning a real estate portfolio.

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Detail Ic Property Details

Property Type : Residential Income

Price : $734,900

AD Id : 76178230

MLS Id : 226007726

Lot Size : 0.11 Acre

Year Built : 1900

County : Franklin

Subdivision: Buckingham Place

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Feature Features

  • Room Information

    Has Basement: Yes

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1900 Construction Materials: Brick Private Pool: No

  • Lot Information

    Main Square Feet: 0.11 Lot Size Acres: 0.11 Lot Size Square Feet: 4791.6

    Property Information

    Subdivision: Victorian Village - One Block from Goodale Park Source Property Type: Residential Income Property SubType: Multi Family Property Age: 126

  • Listing Price Information

    Listing Price: $734900 Original Price: $749900 FHA, Conventional

  • Tax Information

    Parcel Number: 010-023595 Tax Year: 2024 Annual Tax: $8955

  • Parking Information

    Parking Total: 4

  • Utility Information

    Natural Gas Available, Water Available, Sewer Available, Electricity Available

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
595 E Broad Street, Columbus, OH, 43215 $3,199,999 -- -- --

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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 06/19/2026 @ 15:45

MLS: 226007726 LISTED BY: Elisa Lowe, Keller Williams Consultants 614-932-2000 SOURCE: Columbus and Central Ohio Regional MLS

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