1476-1506 King Avenue

1476-1506 King Avenue, Columbus, OH 43212

  • For Sale $5,280,000
  • Property Type Multi-Family
  • Property Size 33,800 SF
  • Units 48
  • Lot Size 1.34 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1955
  • Date Updated May 23, 2025
Located between N Star and Northwest Blvd in close proximity to the Ohio State University, SR-315, SR-33, and I-670Elford Realty and RE/MAX Premier Choice are proud to offer a well-positioned 48-unit multifamily property located on King Avenue, conveniently situated between North Star Road and Northwest Boulevard. The property consists of four buildings, each containing twelve 1-bedroom, 1-bathroom units ranging from 700 to 725 square feet. Each building includes a full basement equipped with coin-operated washers and dryers, as well as dedicated storage lockers for every unit. Currently averaging $1.04 per square foot in rent, the property offers significant upside potential through rent growth and strategic enhancements. Ideally located just minutes from The Ohio State University with easy access to SR-315, SR-33, and I-670, the property appeals to both students and professionals. Its proximity to Grandview and Upper Arlington provides residents with a wealth of amenities, dining, and retail options within walking or short driving distance. With a desirable location and strong value-add potential, this offering represents an exceptional opportunity for investors seeking to expand their portfolio in one of Columbus’s most in-demand submarkets. **Financials/OM/interior photos provided with a signed NDA (attached under documents)**
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Highlights

  • 48-unit multifamily property located on King Avenue between North Star Road and Northwest Boulevard
  • Comprised of four buildings, each with twelve 1-bedroom, 1-bathroom units (700–725 SF)
  • Each building includes a full basement with coin-operated laundry and dedicated storage lockers
  • Currently averaging $1.04 per SF in rent with strong upside through rent growth and strategic improvements
  • Minutes from The Ohio State University with easy access to SR-315, SR-33, and I-670
  • Appeals to both students and professionals due to central location
  • Close proximity to Grandview and Upper Arlington with ample dining, retail, and amenities nearby
  • Exceptional value-add opportunity in one of Columbus’s most desirable submarkets

Contacts

broker
Andy Mills, SIOR, CCIM

Elford Realty | CORFAC International

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    78/100 Very Bikeable
Powered by Walk Score ®
  • City Columbus, OH
  • Neighborhood Fifth by Northwest
  • Zip Code 43212
  • Market Columbus

Points of Interest

  • Kroger

    0.24 miles

  • Speedway

    0.25 miles

  • GetGo

    0.51 miles

  • Circle K

    0.63 miles

  • Sunoco

    0.72 miles

  • BP

    1.14 miles

  • Tesla Supercharger

    2.73 miles

  • Carmack 4

    0.69 miles

  • Carmack 3

    0.74 miles

  • Carmack 5

    0.78 miles

  • Carmack 2

    0.79 miles

  • Carmack 1

    0.84 miles

  • Mount Hall Pay & Display

    0.97 miles

  • Mount Hall (WA)

    0.98 miles

  • Wexner Medical Center Garage

    1.36 miles

  • Old Cannon Garage

    1.43 miles

  • SAFEAUTO Hospitals Garage

    1.52 miles

  • Homewood Suites by Hilton®

    1.10 miles

  • TownePlace Suites

    1.14 miles

  • Aloft Columbus University District

    1.19 miles

  • Hyatt House

    1.32 miles

  • Hyatt Place

    1.58 miles

  • Courtyard

    1.65 miles

  • Harrison House

    1.76 miles

  • The Blackwell

    1.82 miles

  • Red Roof Plus

    2.13 miles

  • Fairfield Inn & Suites Columbus OSU

    2.34 miles

  • DQ Grill & Chill

    0.20 miles

  • Sí Señor

    0.21 miles

  • Subway

    0.21 miles

  • Press Pub On 5th - Grandview

    0.23 miles

  • Paul's Pantry

    0.24 miles

  • Barrio

    0.25 miles

  • Chocolate Café

    0.26 miles

  • The Crispy Coop

    0.26 miles

  • Sweet Carrot

    0.28 miles

  • Noodles World Kitchen

    0.28 miles

  • Grandview Heights High School

    0.44 miles

  • Kingswood School

    0.59 miles

  • Edison Intermediate & Larson Middle School

    0.63 miles

  • Metro Early College High School

    0.75 miles

  • Barrington Road Elementary School

    0.79 miles

  • Jones Middle School

    0.89 miles

  • Robert Louis Stevenson Elementary School

    0.98 miles

  • The Ohio State University

    1.35 miles

  • Upper Arlington High School

    1.74 miles

  • Tremont Elementary School

    1.86 miles

  • The Goddard School

    1.08 miles

  • Balanced Family Academy

    1.39 miles

  • Bright Minds Daycare

    3.35 miles

  • Heavenly Kids Center for Early Learning

    3.94 miles

  • Kids Kingdom Childcare and Learning Center

    4.20 miles

  • Lima Academy Learning Center

    4.44 miles

  • Giggles and Grins

    4.66 miles

  • Nationwide Children's Hospital Child Care Center

    4.69 miles

  • Star Kidz Learning Center

    4.78 miles

  • Teachable Moments @ Little Gems

    4.86 miles

Frequently Asked Questions

How much does 1476-1506 King Avenue cost?

The space currently listed for sale at 1476-1506 King Avenue asks for $5,280,000.

What is the total square footage of 1476-1506 King Avenue?

1476-1506 King Avenue totals 33,800 square feet.

When was this property built?

1476-1506 King Avenue was built in 1955.

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Contact Listing Broker
broker
Andy Mills, SIOR, CCIM

Elford Realty | CORFAC International

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