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6900-6928 Gemstar Road

Reynoldsburg, OH 43068
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Bed --

Bed

Bath 0

Bath

Acres0.78

Acre(Lot)

Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations. Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen. The tow nhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market. Curb offers only. Please do not disturb tenants.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,595,000

AD Id : 74524124

MLS Id : 226002293

Lot Size : 0.78 Acre

Year Built : 1987

County : Franklin

Subdivision: Moore John H 445

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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: 1987 Construction Materials: Block, Frame, Vinyl Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.78 Lot Size Acres: 0.78 Lot Size Square Feet: 33976.8

    Property Information

    Subdivision: Independence Village Source Property Type: Residential Income Property SubType: Duplex Property Age: 39

  • Listing Price Information

    Listing Price: $1595000 Conventional

  • Tax Information

    Parcel Number: 530-210669 Tax Year: 2024 Annual Tax: $11549

  • Parking Information

    Parking Total: 19 Common

    Garage Information

    Has Garage: Yes

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6474 Birchview Drive, Reynoldsburg, OH, 43068 $330,000 -- -- --
6394 Birchview Drive, Reynoldsburg, OH, 43068 $397,500 -- -- --

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ByOwner last updated this listing 06/24/2026 @ 16:48

MLS: 226002293 LISTED BY: Benjamin Hemmert, Howard Hanna Real Estate Svcs 614-891-7400 SOURCE: Columbus and Central Ohio Regional MLS

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