Property Description

409 Ryan Avenue offers an opportunity to add 7 affordable units to your portfolio and cash flow from day one! Remodeled units (4 of the 7) offer fresh paint, LVP flooring, tile showers and newer appliances and are renting at $695 each! The other units provide stable tenants and an opportunity to put your own vision to life. Gross rent exceeding $50,000 per year! Low maintenance, dedicated lot for off street parking and a new roof in 2025!

409 Ryan Avenue | MLS# 226012264

This multi-family property located at 409 Ryan Avenue, Columbus, OH 43223 is currently listed for sale with an asking price of $425,000. Ryan Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on 195emithoffstreet.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 1

Lot Size: 0.35 Acres

Taxes: $3,645

Year Built: 1950

Feature Descriptions

Parcel #: 010-059794

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 409 Ryan Avenue, Columbus, OH 43223

Fips

Fips Code 39049

Population

2020 to 2025 Change up 2.9%

2010 Count 1,163,414

2020 Count 1,323,807

2025 Estimate (V2025) 1,361,536

2020 Estimate (V2025) 1,323,810

Age Distribution (Years Old)

0 to 4 6.3%

5 to 17 23.0%

18 to 64 57.0%

65 and Older 13.7%

Gender

Male 49.1%

Female 50.9%

Place of Birth

Foreign 13.0%

US 87.0%

Education

High School Graduate, Age 25+ 91.2%

Bachelor's Degree or Higher, Age 25+ 42.1%

Computer and Internet use

Households with a computer 97.1%

Households with a broadband Internet subscription 94.1%

Language

English is Second Language, Age 5+ 16.7%

English is First Language, Age 5+ 83.3%

Veterans

Veterans 52,088

Income

Per Capita Income $43,731

Median Household Income $75,176

People in Poverty 13.9%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 553,099

Average Household Size 2.36

Owner-Occupied 52.8%

Multi-Family 36.6%

Owner-Occupied Median Value $288,400

Median selected monthly owner costs -with a mortgage $1,781

Median selected monthly owner costs -without a mortgage $748

Median gross rent $1,302

Building Permits

New Private Housing Issued 2024 8,122

Years at Residence

1 Year or More 83.1%

Less Than 1 Year 16.9%

Business and Employment

Private non-farm Establishments 30,700

Private non-farm Employment 695,387

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 125,504

Number of Firms 21,489

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,587.93 per month $2,160.22 Principal & Interest $303.75 Property Tax $123.96 Homeowner's Insurance

Change Payment Information

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409 Ryan AvenueColumbus, OH 43223