124 E Main St Plain City, OH 43064
Estimated payment $4,528/month
About This Home
This property in Plain City is an excellent investment opportunity, featuring three 3-bedroom apts, one 2-bedroom apt, and an additional 1-bedroom unit above the garage. It's conveniently located at the corner of Main & Main, within walking distance to local amenities. The property includes off-street parking and has a newer roof installed in 2012, although it does need updates throughout. All current tenants are on mo-to-mo leases at below market rents, providing potential for increased income with renovations and adjustments to rental rates. Lots of great stuff happening in Plain City. Across Main St is the new Clocktower cocktail/restaurant and coming soon is an historic train depot with community park called the Public Square. This property is in the heart of it all. Curb offers only
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,441
Year Built
- Built in 1940
Home Design
- 5,460 Sq Ft Home
Additional Features
- Washer and Dryer Hookup
- 0.32 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 04-00161.000
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $7,641
- Gross Income $24,480
- Net Operating Income $16,839
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,254 | $59,280 | $13,770 | $45,510 |
| 2023 | $3,254 | $59,280 | $13,770 | $45,510 |
| 2022 | $3,415 | $58,260 | $12,750 | $45,510 |
| 2021 | $3,561 | $58,260 | $12,750 | $45,510 |
| 2020 | $3,603 | $58,260 | $12,750 | $45,510 |
| 2019 | $2,864 | $46,930 | $10,620 | $36,310 |
| 2018 | $2,930 | $46,930 | $10,620 | $36,310 |
| 2017 | $4,679 | $46,930 | $10,620 | $36,310 |
| 2016 | $3,002 | $46,930 | $10,620 | $36,310 |
| 2015 | $3,164 | $46,930 | $10,620 | $36,310 |
| 2014 | $3,164 | $46,930 | $10,620 | $36,310 |
| 2013 | -- | $44,810 | $11,980 | $32,830 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | For Sale | $799,900 | -- | $147 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 224034807
APN: 04-00161.000
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