587-591 Frebis Avenue, Columbus, OH

$345,000

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0.15

Acres

About 587-591 Frebis Avenue

Don't miss this well-positioned investment property in Columbus' vibrant South Side near Nationwide Children's Hospital and its $3.3B expansion, Downtown Columbus, and an array of local amenities. This prime location offers exceptional rental demand and strong potential for long-term appreciation. Each of the three units features 2 bedrooms, 1 bathroom, 980 sq. ft. of living space, and a basement for extra storage space. Unit 591 is rented at $976/month with a $50 monthly water fee until 3/31/2026, while Unit 587 is rented at $1,026, and Unit 589 is vacant. Additional highlights include off-street parking! Whether you're a seasoned investor or just starting your portfolio, this property presents a rare opportunity to own a multifamily asset with great cash flow in one of Columbus' fastest-growing neighborhoods.

Features of 587-591 Frebis Avenue

MLS® # 225031797
Price $345,000
Acres 0.15
Year Built 1923
Type Multi-Family
Sub-Type Townhouse
Status Active Under Contract

Community Information

Address 587-591 Frebis Avenue
Area None
City Columbus
County Franklin
State OH
Zip Code 43206

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Window Unit(s)
Has Basement No
Fireplace No

School Information

District COLUMBUS CSD 2503 FRA CO.

Listing Details

OfficeZeke Liston of Verti Commercial Real Estate L

Listing Map

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