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1870-1880 Dunbar Dr
Columbus, OH 43224
Dunbar Apartments · Multifamily Property For Sale · 41 Units

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INVESTMENT HIGHLIGHTS

  • 41 Total Units across two contiguous buildings — all one-bedroom, one-bath layouts for operational simplicity and high leasing velocity.
  • Solid Building Fundamentals with straightforward mechanical systems and efficient floorplans ideal for systematic upgrades.
  • Proven Value-Add Upside through interior renovations, modern finishes, and improved unit amenities to capture higher submarket rents.
  • Significant NOI Growth Potential via rent increases, utility optimization, and targeted exterior/common-area improvements.

EXECUTIVE SUMMARY

Matthew Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550

PROPERTY FACTS

Price Per Unit $96,571 CAD
Sale Type Investment
Cap Rate 4.06%
No. Units 41
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 25,168 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1963/2009
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
130-005354
Land Assessment
$47,205 CAD
Improvements Assessment
$82,465 CAD
Total Assessment
$129,670 CAD
  • Listing ID: 38611123

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 1870-1880 Dunbar Dr, Columbus, OH 43224

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