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.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Reynoldsburg is located in Ohio. Reynoldsburg, Ohio has a population of 39,803. Reynoldsburg is less family-centric than the surrounding county with 29.1% of the households containing married families with children. The county average for households married with children is 30.1%.
The median household income in Reynoldsburg, Ohio is $63,567. The median household income for the surrounding county is $65,999 compared to the national median of $69,021. The median age of people living in Reynoldsburg is 36.4 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 39.9 inches per year, with 22.6 inches of snow per year.