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535 W Chapel St, Columbus, OH, 43215

3beds
4baths
2,159sqft
$725,000
$336price/sqft
$5,034/moest. monthly cost
$201,360/yrincome needed

About This Home

4 FLOORPLANS AVAILABLE STARTING AT $675K! 100% TAX ABATEMENT* + EXCLUSIVE ACCESS TO THE BENJAMIN II + ZERO EXTERIOR MAINTENANCE + NO RENTAL RESTRICTIONS + FINANCING INCENTIVES - an incredibly rare opportunity in the heart of the rapidly growing Scioto Peninsula. Just steps from the Scioto Mile, The Junto, Land-Grant Brewing Company, Downtown Columbus, and some of the city's best dining, entertainment & riverfront trails. This brand new end-unit townhome is built by Mulberry and comes with a generous, transferrable home warranty. It also offers nearly 2,200 square feet of thoughtfully designed living space with 3 bedrooms, 3 full bathrooms, and 1 half bath. As the end unit of a 4-unit building, it provides additional natural light and enhanced privacy that truly sets it apart. The open-concept main living area is designed for both everyday living and entertaining, featuring a spacious kitchen that flows seamlessly into the living & dining spaces. Upstairs, you'll find generously sized bedrooms and well-appointed bathrooms, including a beautiful primary suite with a private ensuite bath and ample closet space. An attached 2-car garage adds convenience rarely found this close to Downtown. Take full advantage of the 100% tax abatement for 15 years - a major financial benefit that makes ownership even more attractive in one of Columbus' fastest-appreciating areas. And what truly sets this opportunity apart: exclusive access to all of the luxury amenities at The Benjamin II directly across the street - including a resort-style pool, fitness center, sauna, cold plunge, clubhouse, fire pit, & more. Combined with zero exterior maintenance, this offers a lock-and-leave lifestyle that's nearly impossible to find at this price point and location. A rare blend of location, lifestyle, and long-term value - this is downtown living at its finest! *Tax abatement in process

Getting Around

65
WalkingSomewhat Walkable
56
TransitGood Transit
82
BikeVery Bikeable

Schools

4/10
3/10
Starling PK-8Grades PK-81.3 mi
2/10
West High SchoolGrades 9-123.3 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Window features: Insulated Windows
  • Flooring: Carpet,Vinyl
  • Common walls with other units/homes: End Unit,1 Common Wall

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,159
  • Total interior livable area: 2,159 sqft

Property

Details

  • Parcel number: 010345401
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Exterior features: Balcony

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$214$2,568
Property Taxes $924$11,088
Electricity $231$2,778
Total$5,034$60,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,594/yr
40% on housing$151,020/yr
45% on housing$134,240/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$336This listing

vs Other Active Listings

Avg $/sqft

ZIP 43215$245
Franklin County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 43215$272
Franklin County$191

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Listed for sale$725,000

New Construction

AgentEmily Groza Yoko
BrokerageThe Brokerage House

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