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1084-1086 E Hudson Street, Columbus, OH 43211
New Listing
$725,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$725,000
List Date:
8/25/2026
Last Modified:
8/25/2026
Overview
Description
...
(Read more)
Mixed-use value-add -- thirteen 1BR/1BA units plus one commercial storefront, twelve residential units delivered vacant.
This is a heavy value-add project, not a stabilized asset. The twelve vacant residential units require substantial renovation before they can be leased, and pricing reflects that condition. Buyers should underwrite a full gut-and-turn budget across the vacant unit mix plus a realistic lease-up period.
In-place income is one residential unit at $700/month and the commercial suite leased to MetroPCS at $1,300/month, both month-to-month. A recent appraisal concluded an as-is value of $800,000 for the residential component; the commercial suite was excluded from that valuation.
The return is on the other side of the renovation. CMHA's 2026 payment standard for a 1BR in the 43211 ZIP code is $980/month, effective 8/1/2026 -- a gross figure inclusive of the tenant utility allowance, with final contract rent subject to CMHA rent reasonableness and HQS approval. Against $700 in place, a renovated unit mix leased to voucher holders supports a materially higher rent roll, and a new owner executes the full turn and lease-up without relocating existing residents.
Linden location, minutes from the Linden Community Center, I-71 and Easton, with COTA service on the corridor.
Listing Details MLS# 226032175
Location Property Info
- Original List Price
- 725000
- Property Sub Type
- Mixed Use
- Street #
- 1084-1086
- Street PreDirection
- E
- Street Name
- Hudson
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43211
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-08-25
General Property Info
- Number of Units
- 14
- Building Sqft
- 7176
- Year Built
- 1940
- Built Prior to 1978
- Yes
- Acreage
- 0.08
Tax Info
- Parcel #
- 010-050468
- Zoning
- UGN-1
- Mult Parcels/Sch Dis
- No
- Addl Parcel Numbers
- 010-048882-00 & 010-051669-00
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 6804
1 Bedroom
- 1 Bedroom # of Units
- 13
- 1 Bedroom Month Rent Per Unit
- 700
Other
- Other # of Units
- Yes
- Other Month Rent Per Unit
- 1300
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 101.03
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Mixed-use value-add -- thirteen 1BR/1BA units plus one commercial storefront, twelve residential units delivered vacant. This is a heavy value-add project, not a stabilized asset. The twelve vacant residential units require substantial renovation before they can be leased, and pricing reflects that condition. Buyers should underwrite a full gut-and-turn budget across the vacant unit mix plus a realistic lease-up period. In-place income is one residential unit at $700/month and the commercial suite leased to MetroPCS at $1,300/month, both month-to-month. A recent appraisal concluded an as-is value of $800,000 for the residential component; the commercial suite was excluded from that valuation. The return is on the other side of the renovation. CMHA's 2026 payment standard for a 1BR in the 43211 ZIP code is $980/month, effective 8/1/2026 -- a gross figure inclusive of the tenant utility allowance, with final contract rent subject to CMHA rent reasonableness and HQS approval. Against $700 in place, a renovated unit mix leased to voucher holders supports a materially higher rent roll, and a new owner executes the full turn and lease-up without relocating existing residents. Linden location, minutes from the Linden Community Center, I-71 and Easton, with COTA service on the corridor.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- Common
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- None
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
Common
Tenant Pays:
Electricity; Gas; Sewer; Water
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
None
Construction:
Brick
Services Available:
Electricity Available; Natural Gas Available; Sewer Available; Water Available
Miscellaneous:
Basement
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Forge Real Estate Advisors
Listing Agent:
Zeke Liston
Last Updated: August - 25 - 2026
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