2023 Sullivant Avenue 2025 #2025, Columbus, OH 43223 (MLS # 226004312)
Brought to you by RE/Max Consultant Group
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Rare Columbus Investment Opportunity: Fully Re-Imagined Quadplex with Modern Structural Integrity. Experience a truly turnkey asset in the heart of Columbus. Originally a single-family structure, this property has been expertly engineered and converted into a high-yielding four-unit residence. Every square inch of this asset has been rehabbed within the last 5 years, ensuring a high-performance portfolio addition with minimal deferred maintenance. The Configuration: Two Massive Lower Units: Each featuring 3 Bedrooms and 2 Full Bathrooms"”ideal for premium rental rates or Section 8 high-tier vouchers. Two Upper Units: Each featuring 2 Bedrooms and 1.5 Bathrooms"”perfectly balanced for the local professional workforce. The Infrastructure (All Under 5 Years Old): Full Mechanical Separation: True utility independence with 4 separate gas meters, 4 separate electric meters, and 4 separate water lines. Tenants pay all primary utilities, drastically reducing owner overhead. New Structural Components: Brand new roof, updated drywall throughout, and high-durability modern flooring designed for long-tenure tenants. Exterior Upgrades: A newly added deck provides outdoor living space, a rare premium for multi-family units in this market. Compliance: The property has successfully passed all rigorous Columbus City/Compass Inspections, ensuring immediate operational readiness. Financial Snapshot: With a Gross Annual Income of $53,700 and a streamlined expense profile due to tenant-paid utilities, this property offers a superior Net Operating Income (NOI) compared to older, non-separated units. This is not a 'value-add' project; this is a stabilized, high-efficiency engine for wealth. Perfect for 1031 Exchange buyers or investors seeking a hands-off, 'A-Class' physical asset.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/15/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | Franklin |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Block, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 5663 sq ft |
| PARKING | Common, No Garage |
| SEWER | Public Sewer |
| TAXES | 3192 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by e-Merge Real Estate, Tonda Brown
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
