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$342,500
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Property Description
Don't miss this well-positioned investment property in Columbus' vibrant South Side near Nationwide Children's Hospital and its $3.3B expansion, Downtown Columbus, and an array of local amenities. This prime location offers exceptional rental demand and strong potential for long-term appreciation. Each of the three units features 2 bedrooms, 1 bathroom, 980 sq. ft. of living space, and a basement for extra storage space. Unit 591 is rented at $976/month with a $50 monthly water fee until 3/31/2026, while Unit 587 is rented at $1,026, and Unit 589 is vacant. Additional highlights include off-street parking! Whether you're a seasoned investor or just starting your portfolio, this property presents a rare opportunity to own a multifamily asset with great cash flow in one of Columbus' fastest-growing neighborhoods.
Full Property Details
Full Property Details for 587-591 Frebis Ave
General
- Sold For: $342,500
- Taxes: $3,604 (2024)
- Status: Closed
- Type: Townhouse
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225041942
- Added to Site: 71 day(s) ago
Location
- County: Franklin
- Township: None
- Cross Streets: S 17th Street
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Air Conditioning: Yes
- Heating Type: Forced Air
Utilities
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Structural Information
- Construction: Brick
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
Financial Considerations
- Price Per Sq. Ft.: $117.35
- Tax Amount: $3,604
- Tax Year: 2024
- Tenant Pays: Gas
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 010-015708
Listed by Red 1 Realty (614) 585-9020, Zeke Liston (614) 665-5793
Sold by Red 1 Realty (614) 585-9020, Nathan Cotton
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Schools
Schools serving 587-591 Frebis Ave
School District:Columbus City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Park Elementary School 579 East Markison Avenue, Columbus, OH 43207 | PK-6 | 0.3 mi |
South High School, Columbus, OH 1160 Ann Street, Columbus, OH 43206 | 7-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 587-591 Frebis Ave
Date
Details
Price
Change
Source
11/04/2025
Sold
$342,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
587-591 Frebis Avenue, Columbus, OH 43206 (MLS# 225041942) is a Townhouse property that was sold at $342,500 on November 04, 2025. Want to learn more about 587-591 Frebis Avenue? Do you have questions about finding other Townhouse real estate for sale in Southside? You can browse all Southside real estate or contact a Coldwell Banker agent to request more information.

