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$499,000
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Property Description
Over 1% Rule Fully Renovated 4-Unit Building in Milo-Grogan! An exceptional opportunity in the heart of the rapidly developing Milo-Grogan neighborhood! This fully renovated four-unit property offers investors a turnkey, income-generating asset with strong rental potential and long-term upside. Each of the four spacious units features 3 bedrooms and 1 bathroom, thoughtfully designed with modern finishes and functional layouts. The building has undergone a top-to-bottom renovation, including new electrical, plumbing, HVAC, windows, flooring, kitchens, baths, and mechanicals-no detail has been overlooked. Three of the four units come fully furnished and are currently leased as mid-term rentals, offering stable cash flow and flexibility for traveling professionals. The fourth unit is rented to a long term tenant.
Full Property Details
Full Property Details for 940 Shoemaker Ave
General
- Sold For: $499,000
- Taxes: $4,867 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Columbus_N_Greater_Ohio
- MLS ID: 225028918
- Added to Site: 209 day(s) ago
Location
- County: Franklin
- Township: None
- Cross Streets: st clair ave
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,840.8
Financial Considerations
- Price Per Sq. Ft.: $83.54
- Tax Amount: $4,867
- Tax Year: 2024
Disclosures and Reports
- Property ID: 010-055386
Listed by Reafco (614) 636-2560, Ryan E Maguire (614) 714-5986
Sold by RE/MAX Premier Choice (800) 759-1112, Lois J Miller
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Schools
Schools serving 940 Shoemaker Ave
School District:Columbus City School District
| Name | Grades | Distance |
|---|---|---|
Windsor Stem Acadmey (K-6) 1219 East 12th Avenue, Columbus, OH 43211 | PK-6 | 0.6 mi |
Linden-Mckinley Stem School On Arcadia 1320 Duxberry Avenue, Columbus, OH 43211 | 7-12 | 1.5 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 940 Shoemaker Ave
Date
Details
Price
Change
Source
12/22/2025
Sold
$499,000
-0.2%
MLS
10/30/2025
Price Reduced
$499,999
-1.94%
MLS
10/15/2025
Price Reduced
$509,900
-1.92%
MLS
8/25/2025
Price Reduced
$519,900
-1.89%
MLS
8/18/2025
Price Reduced
$529,900
-1.85%
MLS
8/05/2025
Listed
$539,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
940 Shoemaker Avenue, Columbus, OH 43201 (MLS# 225028918) is a Multi-Family property that was sold at $499,000 on December 22, 2025. Want to learn more about 940 Shoemaker Avenue? Do you have questions about finding other Multi-Family real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.

