For Sale

$3,950,000

853 Thurman Ave, Columbus, OH 43206

-Bed
-Bath
-SqFt

-Bed
-Bath
-SqFt

Property Type
Townhouse
Year Built
1955
On highrises
103 Days

Property Details

Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.

Property Features

Bathrooms

Total Bathrooms: 0

Heating and Cooling

Cooling Features: Central Air
Fuel Expense: 11520
Heating Features: Forced Air
Heating: Yes

Land Info

Additional Parcels Description: 1285-1291 S. Ohio Ave: 010-028145-00 1295 S. Ohio Ave: 010-028146-00

Garage and Parking

Parking Total: 18

Rental Info

Gross Income: 386580

Multi-Unit Info

Number of Units: 12

School Information

High School District: COLUMBUS CSD 2503 FRA CO.
School District: COLUMBUS CSD 2503 FRA CO.

Other Property Info

Annual Tax Amount: 3445
Source Listing Status: Active
County: Franklin
Cross Street: S. Ohio Ave
Source Property Type: Multi-Family
Insurance Expense: 16490
Property Subtype: townhouse
Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
Parcel Number: 010-028146-00
Supplies Expense: 6000
Property Subtype: Townhouse

Commercial Info

Net Operating Income: 269196
Operating Expense: 135889

Building and Construction

Year Built: 1955
Property Age: 70
Year Built Effective: 2024

Utilities

Electric Expense: 14400
Sewer: Public Sewer
Water Source: Public

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
07/05/2025	Listed	$3,950,000	-	ColumbusCORMLS
02/16/2023	Sold	$575,000	$98	Public Record
09/28/1998	Sold	$255,000	-	ColumbusCORMLS

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$1,023	$9,240	+	$4,550	=	$13,790
2023	$1,007	$9,240	+	$4,550	=	$13,790
2022	$1,532	$9,240	+	$7,910	=	$17,150
2021	$1,333	$9,240	+	$7,910	=	$17,150
2020	$1,338	$9,240	+	$7,910	=	$17,150
2019	$1,367	$7,700	+	$6,580	=	$14,280
2017	$1,960	$7,700	+	$6,580	=	$14,280

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1106-1116 Parsons Ave	$1.3M	N/A	N/A	N/A	6534
598 Lathrop St	$865K	2	3	2156	1307
161 E Gates St	$399.9K	2	1	1140	4356
25 E Frankfort St	$750K	3	4	2018	871
1056 Wilson Ave	$250K	N/A	N/A	N/A	6098
219 Frebis Ave	$299.9K	3	2	1092	436

Presented by:
Nathan Jacob
state license#2020008865

Brokered by:
Valor Real Estate
(614) 578-7809

Broker Location:

WESTERVILLE

Data Source:

ColumbusCORMLS

Source's Property ID:

225024684

Data Source Copyright:

$3,950,000

853 Thurman Ave, Columbus, OH 43206

Property Details

Property Features

Bathrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

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