119 E Main St Centerburg, OH 43011
Estimated payment $1,514/month
About This Home
Great Cash Flow Opportunity in uptown Centerburg! This fully occupied 3-unit apartment building generates an impressive $3,020 in monthly rental income, making it an ideal investment for cash flow-focused buyers. Unit 1 (Front Apartment): A rare 5-bedroom, 2-bath layout--perfect for tenants needing extra space. Unit 2: Recently remodeled with 3 bedrooms, 2 baths, and access to a lower-level laundry area. Unit 3 (Downstairs): A fully renovated 2-bedroom, 1-bath unit offering modern finishes and comfort. This unit is currently vacant. Additional features include off-street parking for tenants. While some updates are still needed, the strong rental income makes this a high-potential investment property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,905
Year Built
- Built in 1900
Home Design
- 3,054 Sq Ft Home
- Mixed Use
Parking
- No Garage
- Common or Shared Parking
Additional Features
- 8,712 Sq Ft Lot
- No Cooling
- Basement
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 18-00515.000
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $300
- Gross Income $36,240
Map
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 | $2,905 | $71,040 | $11,100 | $59,940 |
| 2024 | $2,905 | $71,040 | $11,100 | $59,940 |
| 2023 | $2,906 | $71,040 | $11,100 | $59,940 |
| 2022 | $2,539 | $49,680 | $7,760 | $41,920 |
| 2021 | $2,418 | $49,680 | $7,760 | $41,920 |
| 2020 | $2,214 | $49,680 | $7,760 | $41,920 |
| 2019 | $1,802 | $37,000 | $8,380 | $28,620 |
| 2018 | $1,813 | $37,000 | $8,380 | $28,620 |
| 2017 | $1,665 | $37,000 | $8,380 | $28,620 |
| 2016 | $1,545 | $34,260 | $7,760 | $26,500 |
| 2015 | $1,480 | $34,260 | $7,760 | $26,500 |
| 2014 | $1,479 | $34,260 | $7,760 | $26,500 |
| 2013 | $1,466 | $32,620 | $7,300 | $25,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $239,999 | +23.1% | $79 / Sq Ft | |
| 12/28/2023 12/28/23 | Sold | $195,000 | -7.1% | $64 / Sq Ft | View Prior Sale |
| 09/21/2023 09/21/23 | For Sale | $210,000 | +49.7% | $69 / Sq Ft | |
| 04/04/2016 04/04/16 | Sold | $140,250 | -6.4% | $46 / Sq Ft | View Prior Sale |
| 03/05/2016 03/05/16 | Pending | -- | -- | -- | |
| 01/05/2016 01/05/16 | For Sale | $149,900 | -- | $49 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226010777
APN: 18-00515.000
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