Active

6900-6928 Gemstar Road

Reynoldsburg, OH 43068
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.78

Acre(Lot)

Rare multi-unit investment opportunity in Reynoldsburg featuring eight townhome-style residences across four separate buildings, all situated on one parcel within the Groveport Madison School District. Each building includes two units, with every residence offering 3 bedrooms, 2.5 baths, an attached garage and basement--an appealing combination of space, privacy and functionality. Seven of the eight units have undergone recent renovations, providing an attractive blend of updated residences, immediate income and future upside. Seven units are currently renting for approximately $1,600 per month, while the remaining unrenovated unit is leased at a lower rate, creating additional income potential with future improvements. Each residence is separately metered for gas, electric and water, w ith tenants responsible for all utilities, helping keep ownership expenses efficient. Private entrances, garage parking and basement space give each residence a true townhome feel, while the four-building configuration allows for efficient management of all eight units in one location. Conveniently located near major roadways, shopping, dining and employment centers. A unique opportunity to acquire a substantial, income-producing multifamily asset with strong existing rents and additional upside. Curb offers only. Please do not disturb tenants.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,399,999

AD Id : 89497574

MLS Id : 226030558

Lot Size : 0.78 Acre

Year Built : 1987

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 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: $1399999 Conventional

  • Tax Information

    Parcel Number: 530-210669 Tax Year: 2025 Annual Tax: $12236

  • Parking Information

    Parking Total: 19 Common

    Garage Information

    Has Garage: Yes

  • Location Information

    WaterSource: Public
Sell a home like this and save $83,501 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
6394 Birchview Drive, Reynoldsburg, OH, 43068 $397,500 -- -- --

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 08/15/2026 @ 00:11

MLS: 226030558 LISTED BY: Benjamin Hemmert, Howard Hanna Real Estate Svcs 614-891-7400 SOURCE: Columbus and Central Ohio Regional MLS

Homes around $1,399,999

Selling? Save $83,501 when you sell a home like this

Tour with a ByOwner Agent