69006928 Gemstar Road, Reynoldsburg, OH 43068
69006928 Gemstar Road, Reynoldsburg, OH 43068
69006928 Gemstar Road, Reynoldsburg, OH 43068
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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946
$1,595,000
Est. payment /mo
0.78 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Independence Village

MLS Listing ID 226002293

Year Built 1987

Annual Tax Amount $11,549

Lot Size 0.780 Acres

Lot Dimensions 0.78

Property Sub-Type Duplex

Source Columbus and Central Ohio Regional MLS

Property 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.

Location

State OH

County Franklin

Community Independence Village

Area 0.78

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Exterior

Parking Features Common

Schools

High Schools Groveport Madison Lsd 2507 Fra Co.

School District Groveport Madison Lsd 2507 Fra Co.

Others

Tax ID 530-210669

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Benjamin Thomas Hemmert Howard Hanna Real Estate Svcs

Nearby Locations

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The Woodrow Group At Realistar

The Woodrow Group At Realistar

+1(614) 696-8946

Broker | License ID: 658008071

Broker License ID: 658008071

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