$965,000
SOLD SEP 15, 2025
-- Bed
-- Bath
9,072 Sq Ft
0.26 Acres

Recently Sold

$106 Per Sq Ft

2% Above List Price

About This Home

As of September 2025

Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot.

In-place gross rents: $8,563 for the apartments and $500 for the garage.

4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.

Last Agent to Sell the Property

Matt Von Bargen

Koon Property Group License #2020001797 Listed on: 08/12/2025

Last Buyer's Agent

Heather Minor

Core Realty Collection License #2005016608

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot

Home Design

  • 9,072 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-047364

Community Details

Overview

  • 9 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $26,000
  • Gross Income $110,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,796

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2024
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.26
  • Total Gross Income: 110000.0
  • Co List Office Phone: 614-461-5610
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 104.72
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 110000.0
  • Annual Expenses: 26000.0
  • General Property Info Building Sq Ft: 9072.0
  • Remarks Misc Property Description3: Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot. In-place gross rents: $8,563 for the apartments and $500 for the garage. 4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047364
  • Lot Size Sq Ft: 11325.6

Multi Family

  • Number Of Units Total: 9
  • Net Operating Income: 84000.0
  • Annual Operating Expense: 26000.0

Tax Info

  • Tax Annual Amount: 5796.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $965,000 +1.6% $106 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $950,000 +413.5% $105 / Sq Ft
09/09/2016 09/09/16 Sold $185,000 -5.1% $20 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $194,900 -- $21 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

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 $5,796 $78,090 $5,040 $73,050
2024 $5,796 $78,090 $5,040 $73,050
2023 $5,704 $78,090 $5,040 $73,050
2022 $8,753 $77,700 $5,040 $72,660
2021 $5,852 $77,700 $5,040 $72,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225027913

Columbus and Central Ohio Regional MLS