The West Mound Apartments
1773-1821 W Mound St
Columbus, OH 43223
Highlights
- 12,760 SF
- 10 Duplex Ranch homes
- Built in 1950
- Renovated in 2025
- Located in Columbus city
- 90% occupancy at sale
- Seller Note: Property is in lease-up phase after renovations completed. Financials available - NDA required.
Description
Situated just minutes from the heart of Downtown Columbus, this thoughtfully updated apartment community offers a rare combination of stability, scalability, and long‑term upside. The property features 10 single‑story ranch‑style duplexes, each providing residents with private entrances, spacious layouts, and the comfort of true low‑density living—an increasingly desirable alternative to traditional multifamily formats.
Recent ownership has completed tasteful interior renovations along with major plumbing and sewer system improvements, creating a strong operational foundation for the next investor. The community sits on an elevated site with impressive views of the Columbus skyline, enhancing both curb appeal and tenant demand.
Located in a rapidly evolving corridor, the property is strategically positioned for continued neighborhood revitalization, offering meaningful potential for rent growth, value‑add enhancements, and long‑term appreciation. With its combination of renovated units, strong physical infrastructure, and proximity to downtown employment, entertainment, and transit, this asset represents a compelling opportunity in one of Columbus’s most dynamic submarkets.
Explore the promising investment prospects of the area surrounding the property on 1773-1821 W Mound St in Columbus, OH. This location offers a strategic position within the Columbus Metropolitan Statistical Area (MSA), known for its robust economic growth and stable job market.
Columbus, Ohio is the fastest growing city in the Midwest for population growth, wage growth and jobs. It was America's first Smart City and has one of the most diversified economies in the US. It is home to many major corporate HQs or hubs such as Nationwide Insurance, The Ohio State University, Anduril, Amazon, Meta (Facebook), Google, Intel, Wendys International, The Limited Brands, Cardinal Health, American Electric Power, JP Morgan Chase and many more.
Columbus has also benefited from stable occupancy rates (95%) as well as a strong history of rent growth (+/- 5% YOY), making this market a desirable and favorable market for many investors.
