Property Description

15-YEAR 100% TAX ABATEMENT PENDING! 1264-1270 S. High Street is a newly completed 20-unit mixed-use property in the heart of Merion Village, one of Columbus's most walkable and desirable neighborhoods. The asset includes 18 residential units and two commercial spaces and offers a fully repositioned, turn-key opportunity in a high-growth submarket. Both commercial units are leased through 2028, providing steady in-place income. On-street parking available for both tenants and retail customers. The Property consists of two buildings separated by a landscaped central courtyard and features 16 2BD 1BA townhomes and two 2BD 1BA flats. A full renovation was completed in 2025, featuring all-new interiors and modern finishes. Three units remain in legacy condition due to long-term tenants, creating a clear value-add opportunity when those units turn. The combination of residential and retail space positions the Property to capture both stable income and meaningful long-term upside. Merion Village continues to see strong appreciation driven by its proximity to Downtown Columbus, German Village, and Nationwide Children's Hospital. Residents enjoy walkable access to restaurants, shops, and parks, while retailers benefit from strong local demographics and visibility along South High Street. 1264-1270 S. High Street gives investors the chance to acquire a newly renovated, tax-advantaged multifamily asset with immediate lease-up potential, limited competitive supply, and several long-term exit paths, including condo conversion or a stabilized hold.

Property Features

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