1048 E 20th Ave Columbus, OH 43211
South Linden NeighborhoodEstimated payment $2,091/month
Highlights
- 0.22 Acre Lot
- Brick or Stone Mason
- Forced Air Heating System
About This Home
One of the few multifamily properties currently available in the Linden area, this is a rare opportunity to acquire a cash-flowing asset with significant potential for value creation. This brick 4-unit multifamily property features four 2-bedroom, 1-bath townhouse-style units, each with a private basement. Three of the four units are currently occupied, providing immediate rental income, while the vacant fourth unit offers significant value-add potential. The occupied units have been updated with replacement windows, furnaces, and kitchen improvements. Unit 1048 is leased month-to-month at $900 per month. Unit 1050 is leased through December 2026 at $800 per month. Unit 1052 is leased through May 2027 at $950 per month. Unit 1054 is currently vacant and requires a full renovation. The vacant unit presents an excellent opportunity for an owner-occupant looking to build equity through renovation or for an investor seeking to increase cash flow. Professionally managed, the property offers stable tenancy with additional upside through renovation and future rent growth. The vacant unit is easy to show. Occupied units may be viewed after an accepted contract, contingent upon inspection. BEING SOLD AS IS.
Listing Agent
Heart & HomePropertyManagement License #2017006363 Listed on: 06/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,184
Year Built
- Built in 1940
Parking
- Off-Street Parking: 4
Home Design
- 5,858 Sq Ft Home
- Brick or Stone Mason
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Washer and Dryer Hookup
- 9,583 Sq Ft Lot
- Basement
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 010-073249
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,500
- Maintenance Expense $3,004
- Manager Expense $2,862
- Operating Expense $10,550
- Gross Income $31,800
- Net Operating Income $21,250
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,151 | $42,460 | $7,600 | $34,860 |
| 2024 | $3,151 | $42,460 | $7,600 | $34,860 |
| 2023 | $3,102 | $42,460 | $7,600 | $34,860 |
| 2022 | $2,418 | $32,240 | $4,760 | $27,480 |
| 2021 | $3,094 | $32,240 | $4,760 | $27,480 |
| 2020 | $2,411 | $32,240 | $4,760 | $27,480 |
| 2019 | $2,307 | $28,010 | $4,100 | $23,910 |
| 2018 | $2,112 | $28,010 | $4,100 | $23,910 |
| 2017 | $2,304 | $28,010 | $4,100 | $23,910 |
| 2016 | $2,072 | $23,810 | $4,100 | $19,710 |
| 2015 | $1,924 | $23,810 | $4,100 | $19,710 |
| 2014 | $1,923 | $23,810 | $4,100 | $19,710 |
| 2013 | $953 | $23,800 | $4,095 | $19,705 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2026 06/29/26 | Price Changed | $340,000 | -2.9% | $58 / Sq Ft |
| 06/13/2026 06/13/26 | For Sale | $350,000 | 0.0% | $60 / Sq Ft |
| 01/17/2023 01/17/23 | Rented | $900 | 0.0% | -- |
| 01/04/2023 01/04/23 | For Rent | $900 | -- | -- |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226021702
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