1220-1222 Parsons Ave
1220-1222 Parsons Ave is a mixed-use multifamily investment offered through court-appointed receiver sale at $239,000. The 2,628 SF, two-story building contains three income-producing units: street-level retail space, a two-bedroom one-bathroom apartment, and a one-bedroom one-bathroom apartment, positioned near Nationwide Children's Hospital with direct access to Downtown Columbus, German Village, I-70, and I-71.
Built in 1920 and renovated in 2017, the residential units feature updated flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and renovated bathrooms. The property sits on 0.1 acres zoned Mixed-Use and includes dedicated off-street parking. Large-scale murals on two building facades enhance street visibility and curb appeal, creating a distinctive presence in the neighborhood.
The diversified income structure—combining ground-floor retail with two residential units—offers flexibility for investors or owner-users. The proximity to a major medical and employment center, combined with the recent apartment upgrades and mixed-use zoning, positions the asset for both stabilized cash flow and repositioning potential.
- Distressed receiver sale; three income-producing units (retail + 2 apartments)
- Recently renovated apartments with modern finishes and appliances
- Near Nationwide Children's Hospital; walkable to Downtown Columbus and German Village
- Mixed-Use zoning; distinctive architectural murals enhance street presence
- Off-street parking; flexible asset for investors or owner-users
More property details
Location & transit
Buses
Airport
1220-1222 Parsons Ave. is a mixed-use investment opportunity being offered through a court-appointed receiver sale, conveniently situated near Nationwide Children’s Hospital with easy access to Downtown Columbus, German Village, and major highways including I-70 and I-71. The property features three units: a street-level retail space, a two-bedroom, one-bathroom apartment, and a one-bedroom, one-bathroom apartment. Distinctive large-scale murals on two sides of the building enhance its visual appeal and street presence, while dedicated off-street parking provides added convenience for both residential and retail occupants. The apartment units have been previously updated with newer flooring, stainless steel appliances, quartz countertops, upgraded cabinetry, tiled backsplashes, and renovated tiled bathrooms. The combination of updated residential spaces and ground-floor retail creates a flexible mixed-use asset with diversified income potential, making it suitable for investors or owner-users seeking a property near a major medical and employment center.
Transit data provided by Google. Times and distances are estimates.