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Investment Highlights

  • Prime Location
  • Convenient Access to Downtown Columbus
  • Units Near Bexley, East Market, & Franklin Park Conservatory
  • Spacious 2-Bedroom Units
  • Immediate Cash Flow/ Growth Potential
  • Timeless Hardwood Flooring

Executive Summary

Excellent investment opportunity in highly desirable South Eastmoor! This well-maintained, all-brick four-unit property offers a strong combination of existing rental income, quality improvements, and long-term investment potential. Each of the four spacious units features 2 bedrooms and 1 full bath, with three currently rented at $985, $995, and $975 per month and one unit vacant--providing immediate opportunity to lease at current market rent or accommodate an owner-occupant. The property has been thoughtfully updated while maintaining its original character. Units feature refinished hardwood floors, decorative fireplaces, separate dining rooms, and updated kitchens with soft-close cabinetry, granite countertops, and stainless steel appliances. Additional capital improvements include newer windows, updated bathrooms, and all HVAC systems replaced between 2017 and 2021, and 3 water heaters are less than 1 year old. The large, clean basement provides four individual laundry areas and private storage for each unit, while four detached one-car garage spaces offer additional tenant amenities and potential income opportunities. With its all-brick construction, slate roof, significant updates, established rental income, Columbus taxes, and desirable South Eastmoor location, this property presents an attractive opportunity for investors looking to add a quality multi-family asset to their portfolio. Turnkey income today with additional upside potential for tomorrow.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $899,340 CAD
Price Per Unit $224,835 CAD
Sale Type Investment
Cap Rate 5.57%
Gross Rent Multiplier 13.2
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class C
Lot Size 0.19 AC
Building Size 3,200 SF
Average Occupancy 75%
No. Stories 2
Year Built 1942
Parking Ratio 1.25/1,000 SF

Amenities

Site Amenities

  • Laundry Facilities
  • Security System
  • Trash Pickup - Curbside
  • Storage Space
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,470 CAD -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
010-054785
Land Assessment
$15,884 CAD (2025)
Improvements Assessment
$142,663 CAD (2025)
Total Assessment
$158,547 CAD (2025)
  • Listing ID: 41891993

  • Date on Market: 2026-08-26

  • Last Updated:

  • Address: 802 Kenwick Rd, Columbus, OH 43209

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