1530-1540 Longeaton DrUpper Arlington, OH 43220

For Sale
$1,199,000

Six-unit apartment building, excellent investment.

Overview

Added:
Feb 13
Days on market:
29
This exceptional six-unit apartment building presents a compelling investment opportunity in the desirable Upper Arlington area of Columbus, Ohio. Situated on a spacious 24,393.6 square foot lot, this 1968-built property boasts six identical units, each offering over 1,200 square feet of living space. Each unit features two bedrooms, two and a half bathrooms, a living room, a kitchen, and a family room complete with a fireplace. Upstairs, you'll find two generously sized bedrooms, each with its own private bathroom. Residents enjoy the convenience of individual private patios, a shared yard, and ample parking. The property includes a carport with six spaces and an additional six surface parking spots. Recent upgrades include a new $30,000 electrical service. Currently operating at 90% occupancy, this property offers a strong cash flow potential. The asking price is $1,199,000, translating to $107.02 per square foot. Its prime location near shops, restaurants, and freeways ensures high demand and tenant retention. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly sought-after Columbus neighborhood. The property is located at 1530-1540 Longeaton Drive, Columbus, OH 43220.

Highlights

  • $1,199,000 asking price for a 6-unit apartment building.
  • 90% occupancy.
  • Six (6) units, each with 2 bedrooms and 2.5 baths, approximately 1200+ sq ft.
  • Located in Upper Arlington, Columbus, OH, 43220.
  • 1968 construction on a 24,393.6 sq ft lot.
  • Features include private patios, shared yard, covered parking (6 carport & 6 surface spaces), and a recently upgraded electrical service ($30k).

Property Details for 1530-1540 Longeaton Dr

Property type
Multifamily properties, Apartment buildings
Year Built
1968
Units
6

Location Insight

City
Upper Arlington
County
Franklin
State
Ohio
Latitude
40.05098
Longitude
-83.060976
1530-1540 Longeaton Dr, Upper Arlington, Ohio

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1530-1540 Longeaton Dr
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