$6,876 Closing Credit¹
#224022086, Colin Burnheimer, Listing Office: Thrive Realty, Ltd.
$1,120,000 List price
398 S Central Ave Columbus, OH 43223
$10,000
Closing credit¹
0.3 acres
Condo
Property details
About 398 S Central Ave
Welcome to this investment opportunity in the vibrant and growing Franklinton neighborhood of Columbus, Ohio. This well-maintained 17-unit apartment building offers a prime location, steady rental income, and significant potential for long-term growth. All units have been recently renovated in the last couple of years, and have nice rental grade finishes. Property is all electric. Property consists of 17 Units with 16 studio units and 1 one bedroom unit. Monthly income is approximately $11,000 per month with potential for over $12,000. Property has a large parking lot in the back of the building. Situated in Franklinton, minutes from downtown Columbus with easy access to major highways and bus access. Strong Rental History with consistent occupancy and well-established tenants.
Highlights
Home typeCondominium
StatusActive
Lot size0.27 Acres
Year built1974
ParkingCommon
MLS #225010198
Summary
- MLS Number: 225010198
- MLS Name: Columbus and Central Ohio Regional MLS
- Office Name: Reafco
- Office Phone: (614) 636-2560
- Listing Agent: Ryan E Maguire
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,120,000
398 S Central Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Avondale Elementary School
Public District PK-5
0.7 mi
•141 Hawkes Ave
3
West Mound Elementary School
Public District PK-5
1.0 mi
•2051 W Mound St
3
Sullivant Elementary School
Public District PK-5
1.0 mi
•791 Griggs Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,310. Residents of Columbus, OH typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
89%
<35k
8%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
55%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 398 S Central Ave
This home is located at 398 S Central Ave in Columbus, OH and zip code 43223 in the Franklinton neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $1,120,000.
Over 271 listings were sold over their listed price in March 2025 in Columbus, OH. In the same period over 342 listings were sold below the listed price and 184 listings were sold for the listed price. The inventory of homes for sale in Columbus, OH between February and March 2025 increased by 14.7%. In March 2025 median list price was $287,600 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.