Property Description

Rare opportunity to own a fully renovated, 100% occupied 8-unit, 1 bed/1 bath multifamily in one of Columbus's most sought-after neighborhoods. Located in Merion Village just minutes from Downtown, residents are steps from top restaurants, nightlife, and everything German Village and the Brewery District have to offer.Nearly every unit has been updated within the last four years, and a 2019 roof replacement means this is a true turnkey asset with minimal deferred maintenance ahead. In-place rents average $890/month, with the most recent lease signed in July at $895, evidence of continued upward rent momentum and a stabilized, well-managed rent roll.Full occupancy, strong renovation history, and low-touch operations make this an ideal addition for an investor looking to scale, or a great entry point for someone seeking a cash-flowing asset in a high-demand submarket.

74 W Moler Street | MLS# 226030094

This multi-family property located at 74 W Moler Street, Columbus, OH 43207 is currently listed for sale with an asking price of $775,000. W Moler Street is located within the COLUMBUS CITY school district. Search Columbus real estate on 212caseroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 7

Heating: Forced Air

Lot Size: 0.06 Acres

Taxes: $14,688

Year Built: 1960

Feature Descriptions

Parcel #: 010-024760

Parking: Common

Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 74 W Moler Street, Columbus, OH 43207

Fips

Fips Code 39049

Population

2020 to 2025 Change up 2.9%

2010 Count 1,163,414

2020 Count 1,323,807

2025 Estimate (V2025) 1,361,536

2020 Estimate (V2025) 1,323,810

Age Distribution (Years Old)

0 to 4 6.3%

5 to 17 23.0%

18 to 64 57.0%

65 and Older 13.7%

Gender

Male 49.1%

Female 50.9%

Place of Birth

Foreign 13.0%

US 87.0%

Education

High School Graduate, Age 25+ 91.2%

Bachelor's Degree or Higher, Age 25+ 42.1%

Computer and Internet use

Households with a computer 97.1%

Households with a broadband Internet subscription 94.1%

Language

English is Second Language, Age 5+ 16.7%

English is First Language, Age 5+ 83.3%

Veterans

Veterans 52,088

Income

Per Capita Income $43,731

Median Household Income $75,176

People in Poverty 13.9%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 553,099

Average Household Size 2.36

Owner-Occupied 52.8%

Multi-Family 36.6%

Owner-Occupied Median Value $288,400

Median selected monthly owner costs -with a mortgage $1,781

Median selected monthly owner costs -without a mortgage $748

Median gross rent $1,302

Building Permits

New Private Housing Issued 2024 8,122

Years at Residence

1 Year or More 83.1%

Less Than 1 Year 16.9%

Business and Employment

Private non-farm Establishments 30,700

Private non-farm Employment 695,387

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 125,504

Number of Firms 21,489

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 5,419.97 per month $3,969.93 Principal & Interest $1,224.00 Property Tax $226.04 Homeowner's Insurance

Change Payment Information

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74 W Moler StreetColumbus, OH 43207