3244 E 5th Avenue, Columbus, OH

$350,000

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0.13

Acres

About 3244 E 5th Avenue

Turnkey 3-unit apartment building positioned directly near the transformational $2 billion John Glenn Columbus International Airport expansion and redevelopment project! This high-growth location places the property in the path of continued economic investment, job growth, infrastructure improvements, and increasing housing demand on Columbus' east side. The asset features long-term tenants with an excellent payment history, providing immediate and reliable cash flow for investors seeking a stable multifamily property with future upside potential. With minimal deferred maintenance and 2,484 finished square feet consisting of one 1bed/1ba ($800), one 2bed/1ba ($832), and one 3bed/1ba ($1325). This is a strong turnkey addition to any portfolio. Beyond its current performance as a long-term rental, the property is exceptionally well positioned for future mid-term or short-term rental use due to its close proximity to the airport, downtown Columbus, and major employment hubs. The surrounding airport expansion is expected to drive continued demand from traveling professionals, airline personnel, contractors, and visitors seeking convenient accommodations near one of the region's largest infrastructure investments. 3244 E Fifth Ave offers investors the rare combination of in-place income, strategic location, and long-term growth potential in one of Columbus' rapidly evolving corridors.

Features of 3244 E 5th Avenue

MLS® # 226028964
Price $350,000
Acres 0.13
Year Built 1920
Type Multi-Family
Sub-Type Townhouse
Status Active

Community Information

Address 3244 E 5th Avenue
Area None
City Columbus
County Franklin
State OH
Zip Code 43219

Amenities

Is Waterfront No
Has Pool No

Interior

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

School Information

District COLUMBUS CSD 2503 FRA CO.

Additional Information

Date Listed July 31st, 2026
Days on Market 43

Listing Details

OfficeDavid Spurlock 614-656-1316 of Forge Real Estate Advisors 614-665-5793

Listing Map

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