Homes for sale / Columbus

$340,000 Active Reduced 3%

3244 E 5th Avenue, Columbus, OH 43219

  • 0.13 acres
  • Built 1920

About this home

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.

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Key facts

Status
Active
Type
Townhouse
Days on market
80
Property taxes
about $3,336/yr
County
Franklin
MLS #
226028964
Listing brokerage
Forge Real Estate Advisors
Listing agent
David Spurlock
Listing brokerage contact
614-665-5793

Price reduced 3% from $350,000 on September 24.

Lot and parking

Lot size
0.13 acres
Lot square feet
5,662
Total parking
6

Systems and utilities

Heating
Forced Air
Utilities
Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Sewer
Public Sewer
Water
Public

Taxes and HOA

Property taxes
about $3,336 a year
Tax year
2025
Parcel number
010-066638

Schools

District
Columbus CSD

Sale terms

Financing accepted
FHA, Conventional

Around it

Free market report

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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 19, 2026, 6:08 PM.

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3244 E 5th Avenue, Columbus, OH 43219 · 47 photos Book a tour
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