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22009216
22009217

6900-6928 Gemstar Road, Reynoldsburg, OH 43068

BH
2002020344
Christensen Team - Howard Hanna Real Estate Services
Listed by Christensen Team - Howard Hanna Real Estate Services
$1,595,000
130 days on market
Updated 114 days ago

6900-6928 Gemstar Road

Details
APN 530-210669
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 8
Price per SqFt $670
Year Built 1987
Acreage 0.780
Parking Spaces 19 spaces

Multifamily | 8 Units

Marketing description

Rare multi-unit investment opportunity in Reynoldsburg offering eight total townhome-style residences across four separate buildings, all located on one parcel within the Groveport Madison School District. Each building features two units, and every home offers a functional and spacious layout with 3 bedrooms, 2.5 baths, an attached garage, and a full basement, features that consistently drive strong rental demand. 7 of the 8 units have had major recent renovations. Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, helping keep operating expenses low for ownership. Current rents range from $1,300 to $1,595 per month, providing immediate income with long-term upside as the Reynoldsburg rental market continues to strengthen. The townhome design offers private entrances, garage parking, and additional basement storage or living space, all of which appeal to long-term tenants. The four-building configuration provides a neighborhood feel while maintaining management efficiency. Conveniently located near major roadways, shopping, dining, and employment centers, this property is well positioned for steady occupancy. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset in a growing suburban market. Curb offers only. Please do not disturb tenants.
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Listing Contacts

BH
2002020344
Christensen Team - Howard Hanna Real Estate Services
Listed by Christensen Team - Howard Hanna Real Estate Services

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