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2023 Sullivant Avenue unit: 2025 2025
Columbus OH 43223 US

$499,900

Active Listing ID 226004312
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10 bed
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Lot: 0.13 Acres
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Other

$499,900

Active Listing ID 226004312
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2023 Sullivant Avenue unit: 2025 2025 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.

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Property Features

  • Facts
  • Lot Size: 0.13 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 499900
  • unparsedaddress: 2023 Sullivant Avenue unit: 2025
  • unitnumber: 2025
  • postalcity: Columbus
  • stateorprovince: OH
  • country: US
  • postalcode: 43223
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.13
  • lotsizeunits: Acres
  • lotsizearea: 0.13
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.947061
  • longitude: -83.053087
  • listagentfullname: Tonda Brown
  • listagentemail: tonda.brown@e-merge.com
  • listagentkey: 3yd-CCOMLSOH-658028823
  • listagentmlsid: 658028823
  • listagentpreferredphone: 6145808500
  • listagentofficephone: 6145808500
  • listofficekey: 3yd-CCOMLSOH-10659
  • listofficemlsid: 10659
  • disclaimer: Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCOMLSOH
  • yearbuilt: 1920
  • listingcontractdate: 2026-02-15
  • listagenturl: http://www.e-Merge.com
  • countyorparish: Franklin
  • parcelnumber: 010-006379
  • elementaryschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • middleorjuniorschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • highschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • cooling: Central Air
  • heating: Forced Air
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 4
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 7, Bedroom 8, Bedroom 6, Bedroom 1, Bedroom 10, Bedroom 3, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.053085, 39.94706
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"e-Merge Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tonda.brown@e-merge.com", "ListBrokerageCity":"Pickerington", "ListBrokerageCountry":"US", "ListBrokerageEmail":"administration@e-merge.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CCOMLSOH/51c2d0f163e811e18a2700219b9aa4d8/20120331020441929.png", "ListBrokerageName":"e-Merge Real Estate", "ListBrokeragePhone":"(614) 678-5505", "ListBrokeragePostalCode":"43147", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"12910 Stonecreek Dr", "ListBrokerageWebsiteUrl":"http://www.e-Merge.com", "ListOfficeAddress1":"12910 Stonecreek Dr. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10659", "ListOfficeCity":"Pickerington", "ListOfficeCountry":"USA", "ListOfficeEmail":"administration@e-merge.com", "ListOfficePostalCode":"43147", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Columbus, OH", "ListingURL":null, "MLSModificationTimestamp":"2026-02-15 19:53:42", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3192, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/22/2026 3:59:13 AM GMT
Source Updated Date: 2/23/2026 6:52:35 AM GMT

Courtesy of: Tonda Brown, e-Merge Real Estate, tonda.brown@e-merge.com

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.