515 Riverview Dr, Columbus, OH 43202
Property image
Property image
SOLD
OCT 3, 2025

515 Riverview Dr
Columbus, OH 43202

Riverview
  • Studio

$2,107,000

Last Sold: Oct 3, 2025
2% below list $2.15M
Est. Refi. Payment $13,106/mo*

$2,107,000

Last Sold: Oct 3, 2025
2% below list $2.15M
Est. Refi. Payment $13,106/mo*
Studio

Local Information

  • Map ViewExplore the area around 515 Riverview Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Located in an Opportunity Zone, 515 Riverview Drive offers investors the opportunity to acquire a well-maintained, cash-flowing 24-unit multifamily property in one of Columbus' most desirable rental corridors. Spanning 16,656 square feet, this garden-style community consists entirely of one-bedroom, one-bath units, most of which have been cosmetically updated with modern, durable finishes. The property has benefited from significant recent capital improvements including structural steel repairs, concrete and epoxy work, new electrical service upgrades with dusk-to-dawn lighting, exterior painting, and a freshly sealed and striped parking lot—positioning it for long-term stability with minimal near-term maintenance needs.
Currently 96% occupied (23 of 24 units), the property generates an average rent of approximately $830 per unit, with natural upside as rents continue to grow. Additionally, four units are occupied by legacy tenants, presenting an opportunity to further align rents with market rates and reduce loss-to-lease. There is also potential to implement utility sub-metering, allowing a new owner to pass-through water and other utility costs to tenants and further improve operational efficiency.
515 Riverview Dr, Columbus, OH 43202 is a studio multi-family in Riverview, built in 1965. It last sold for $2,107,000 on Oct 3, 2025 (2% below the $2,150,000 asking price). More recently, it was listed as a rental in October 2025 with an asking price of $850 per month. That rental listing was removed on October 23, 2025. It is currently off market. The Trulia Estimate rent is $1,245/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 515 Riverview Dr

Interior Features

Heating & Cooling
Heating: Hot WaterHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Hot Water

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No CarportNo Garage
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Property Information
Parcel Number: 010117401

Price & Status

Price
List Price: $2,150,000
Status Change & Dates
Off Market Date: Thu Jul 24 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Columbus
School Information
High School District: COLUMBUS CSD 2503 FRA CO.

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: Standard

Rental Terms, Policies & Fees

Owner Pays: Gas, Water

Miscellaneous

Mls Number: 225014068
Last check for updates: about 2 hours ago
Listed by Zeke Liston, (614) 665-5793
Verti Commercial Real Estate L
Bought with: Punithavathy Sundaresan, (614) 352-7596, Red 1 Realty
Source: Columbus and Central Ohio Regional MLS , MLS#225014068

Price History for 515 Riverview Dr

DatePriceEventSource
10/23/2025$850ListingRemovedZillow Rentals
10/19/2025$850Listed For RentZillow Rentals
10/03/2025$2,107,000Sold
Columbus and Central Ohio Regional MLS #225014068
07/24/2025$2,150,000ContingentColumbus and Central Ohio Regional MLS #225014068
06/05/2025$2,150,000PendingToActiveColumbus and Central Ohio Regional MLS #225014068
06/04/2025$845ListingRemovedZillow Rentals
05/24/2025$845Listed For RentZillow Rentals
05/13/2025$2,150,000ContingentColumbus and Central Ohio Regional MLS #225014068
04/28/2025$2,150,000Listed For SaleColumbus and Central Ohio Regional MLS #225014068
12/06/2024$825ListingRemovedZillow Rentals
11/19/2024$825Listed For RentZillow Rentals
05/16/2024ListingRemovedZillow Rentals
05/07/2024$815Listed For RentZillow Rentals
08/15/2023ListingRemovedZillow Rentals
06/18/2023$790Listed For RentZillow Rentals

Market trends in Columbus

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$240K
$3.87K
MoM
Sale-to-List Price
99.5%
0.4%
MoM
Price per sq ft
$183
$4
MoM
Available listings
2326
180
MoM
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Property Tax and Assessment

Year2024
Tax$38,328
Assessment$1,475,400
Home facts updated by county records

Comparable Sales for 515 Riverview Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.51
Multi-Family Home
$1,240,000
12/23/25
-
-
0.53
Multi-Family Home
$510,000
07/01/26
-
-
0.52
Multi-Family Home
$515,000
03/06/26
-
-
0.55
Multi-Family Home
$625,000
05/29/26
-
-
0.52
Multi-Family Home
$620,000
12/23/25
-
-
0.48
Multi-Family Home
$425,000
11/25/25
-
-
0.62
Multi-Family Home
$436,200
03/30/26
-
-
0.86
Multi-Family Home
$470,000
10/30/25
-
-

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Riverview

At least 30 Trulia users voted on each feature.
  • 90 % Say it's dog friendly

  • 86 % Say there are sidewalks

  • 82 % Say parking is easy

  • 74 % Say car is needed

  • 70 % Say it's quiet

  • 69 % Say streets are well-lit

  • 69 % Say people would walk alone at night

  • 67 % Say kids play outside

  • 65 % Say it's walkable to restaurants

  • 65 % Say it's walkable to grocery stores

  • 62 % Say yards are well-kept

  • 58 % Say there's wildlife

  • 56 % Say they plan to stay for at least 5 years

  • 42 % Say neighbors are friendly

  • 41 % Say there's holiday spirit

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mereditheby.2013
    "Neighborhood is fairly quiet. There are many international students as well as families that live here. There are many restaurant options and many metro bus stops. Area is well lit and I feel very safe here."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 515 Riverview Dr

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Off Market Homes Near 515 Riverview Dr

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.