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34358767
34358764

2931-2935 Mcguffey Road, Columbus, OH 43224 For Sale

BG
2023003682
NAI Ohio Equities, LLC
Listed by NAI Ohio Equities, LLC
$599,000
6 days on market
Updated 6 days ago

2931-2935 McGuffey Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,180
Units 6
Beds 2
Cap Rate 8.14%
NOI $48,769
Occupancy 83.33%
Tenancy Multi
Year Built 1973
Buildings 2
Acreage 0.230
Zoning R3
Investment Type Value Add

Multifamily | 8.14% CAP | 6 Units

Marketing description

This 6,180 SF multifamily property consists of six total units across two triplex buildings, each approximately ±3,090 SF, situated on a 0.23-acre parcel zoned Residential (R3). The properties, located at 2931–2935 McGuffey Road are positioned in Columbus’s evolving North Linden neighborhood, an area experiencing renewed investment and steady rental demand. Residents benefit from convenient access to I-71, The Ohio State University, and Downtown Columbus, providing strong connectivity to major employment centers, retail, and amenities.

Investment highlights

6,180 SF Multifamily Portfolio

6 Units Across 2 Buildings (3 Units Each)

0.23-Acre Parcel Zoned Residential, R3

2 Triplexes at 3,090 SF Each

Located in the Evolving North Linden Neighborhood

Convenient Access to I-71, OSU and Downtown Columbus

Listing Contacts

BG
2023003682
NAI Ohio Equities, LLC
Listed by NAI Ohio Equities, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$48,769.00
$4,064.08/mo

Valuation Metrics

0
DSCR
8.14%
Cap Rate
8.14%
ROI

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