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2080-2090 E 5th Avenue
Columbus OH 43219 US

$1,650,000

Active Listing ID 226008620
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15 bed
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Lot: 0.47 Acres
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Other

$1,650,000

Active Listing ID 226008620
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2080-2090 E 5th Avenue Completely renovated and fully permitted 9-unit multifamily property brought back to life with over $800, 000 in capital improvements. This top-to-bottom renovation offers investors a rare opportunity to acquire a true turnkey asset with no CapEx required. Some of the many updates include a new roof, new windows, new mechanicals, updated plumbing and electrical, new parking lot, exterior improvements, and full interior renovations throughout--everything has been touched. The unit mix consists of three spacious 1-bedroom / 1-bath units and six 2-bedroom / 1-bath units, all updated with modern finishes. Renovations have just been completed and three units are already leased, providing immediate income. Unit E is rented for $1, 300 per month plus a $75 per month water fee through 2/28/2027, Unit I is rented for $1, 200 per month plus a $75 per month water fee through 1/31/2027, and Unit A is rented for $995 per month plus a $75 per month water fee through 3/31/2027. The remaining six units are currently being marketed for rent, offering strong upside potential for the new owner. Conveniently located near John Glenn Columbus International Airport, Ohio Dominican University, The Ohio State University, and Downtown Columbus, with easy access to shopping, dining, and major employment centers. This is an ideal opportunity for investors seeking a stabilized, low-maintenance property with long-term performance potential.

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Property Features

  • Facts
  • Lot Size: 0.47 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1650000
  • unparsedaddress: 2080-2090 E 5th Avenue
  • postalcity: Columbus
  • stateorprovince: OH
  • country: US
  • postalcode: 43219
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.47
  • lotsizeunits: Acres
  • lotsizearea: 0.47
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.986246
  • longitude: -82.948717
  • listagentfullname: Zeke Liston
  • listagentemail: zeke@listonre.com
  • listagentkey: 3yd-CCOMLSOH-658029237
  • listagentmlsid: 658029237
  • listagentpreferredphone: 6146655793
  • listagentofficephone: 6146655793
  • listofficekey: 3yd-CCOMLSOH-10910
  • listofficemlsid: 10910
  • 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: 1904
  • listingcontractdate: 2026-03-23
  • listagenturl: http://www.red1realty.com
  • countyorparish: Franklin
  • parcelnumber: 010-081840-00
  • elementaryschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • middleorjuniorschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • highschooldistrict: COLUMBUS CSD 2503 FRA CO.
  • heating: Forced Air
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 8, Bedroom 12, Bedroom 7, Bedroom 13, Bedroom 14, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 11, Bedroom 15, Bedroom 10, Bedroom 5
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.948715, 39.986244
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Red 1 Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"zeke@listonre.com", "ListBrokerageCity":"Columbus", "ListBrokerageCountry":"US", "ListBrokerageEmail":"broker@red1realty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Red 1 Realty, LLC", "ListBrokeragePhone":"(614) 585-9020", "ListBrokeragePostalCode":"43235", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"200 E Campus View Blvd Suite 275", "ListBrokerageWebsiteUrl":"http://www.red1realty.com", "ListOfficeAddress1":"921 Eastwind Dr Suite 102 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"10910", "ListOfficeCity":"Westerville", "ListOfficeCountry":"USA", "ListOfficeEmail":"Broker@red1realty.com", "ListOfficePostalCode":"43081", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Columbus, OH", "ListingURL":null, "MLSModificationTimestamp":"2026-03-23 14:15:44", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16271, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/26/2026 3:43:51 AM GMT
Source Updated Date: 3/26/2026 7:28:29 AM GMT

Courtesy of: Zeke Liston, Red 1 Realty, zeke@listonre.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.