$2,605,000
SOLD JAN 9, 2025

1898 Baldwin Rd Reynoldsburg, OH 43068

-- Bed
-- Bath
20,800 Sq Ft
0.44 Acres

Recently Sold

$125 Per Sq Ft

13% Below List Price

173 Days on Market

About This Home

As of January 2025

PLEASE READ THE LATEST LOAN DETAILS FROM THE MARKETING BROCHURE. Opportunity to own a cash flowing stable investment of this 24 units apartment in Reynoldsburg. The property consists of 6 buildings with a unit mix of one 3 beds 1.5 baths and 23 units of 2 beds 1.5baths. The property went through a stabilized process to have a good management team, good tenants, separate water readings, all rent ready conditions and increased tenant satisfaction with a camera system for common areas, maintained cleanliness and on time landscaping. Assumable Loan at 3.78% interest. Current Property Management willing to stay. Perfect Candidate for 1031 Exchange. 100% Leased. No Showings allowed.

Last Agent to Sell the Property

Tracy Keffer

Keller Williams Greater Cols License #2014005256 Listed on: 09/04/2024

Keller Williams Greater Cols

Last Buyer's Agent

Thomas Fortin

Thomas Fortin & Company LLC. License #2007003846

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,556

Year Built

  • Built in 1967

Lot Details

  • 0.44 Acre Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 20,800 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 060-004514

Community Details

Overview

  • 24 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $86,656
  • Gross Income $301,812
  • Net Operating Income $215,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,556

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1967
  • Tax Year: 2023
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.44
  • Total Gross Income: 301812.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Subdivision Name: BLACKLICK HGHTS 2
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 301812.0
  • Annual Expenses: 86656.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 20800.0
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: REYNOLDSBURG CSD 2509 FRA CO.

Lot Info

  • Parcel Number: 060-004514
  • Lot Size Sq Ft: 19166.4

Multi Family

  • Number Of Units Total: 24
  • Net Operating Income: 215156.0
  • Annual Operating Expense: 86656.0

Tax Info

  • Tax Annual Amount: 23556.0

Range of Values:

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Sold Price
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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 Change Sq Ft Price
03/28/2025 03/28/25 Off Market $1,100 -- --
03/20/2025 03/20/25 Price Changed $1,335 +2.7% $1 / Sq Ft
03/04/2025 03/04/25 For Rent $1,300 0.0% --
01/09/2025 01/09/25 Sold $2,605,000 -3.5% $125 / Sq Ft
09/26/2024 09/26/24 Price Changed $2,700,000 -5.3% $130 / Sq Ft
05/30/2024 05/30/24 Price Changed $2,850,000 -5.0% $137 / Sq Ft
04/23/2024 04/23/24 For Sale $3,000,000 +15.2% $144 / Sq Ft
04/23/2024 04/23/24 Off Market $2,605,000 -- --
04/12/2024 04/12/24 For Sale $3,000,000 0.0% $144 / Sq Ft
09/26/2023 09/26/23 Rented $1,100 0.0% --
08/26/2023 08/26/23 For Rent $1,100 0.0% --
06/09/2022 06/09/22 Sold $1,850,000 0.0% $148 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $1,850,000 +27.3% $148 / Sq Ft
06/08/2017 06/08/17 Sold $1,453,000 -8.9% $233 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $1,595,000 +12.3% $256 / Sq Ft
09/30/2016 09/30/16 Sold $1,420,200 +9.2% $228 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $1,300,000 -- $208 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tracy Keffer

    Seller's Agent in 2025

    Tracy Keffer

    Keller Williams Greater Cols

    (614) 733-4459

    10 in this area

    279 Total Sales

    Tracy Keffer
    Section Image
  • Thomas Fortin

    Buyer's Agent in 2025

    Thomas Fortin

    Thomas Fortin & Company LLC.

    (614) 348-7876

    2 in this area

    20 Total Sales

    Thomas Fortin
    Section Image

  • N

    Seller's Agent in 2022

    NON MEMBER

    NON MEMBER OFFICE

  • Patricia Kearns-Davis

    Seller's Agent in 2017

    Patricia Kearns-Davis

    RE/MAX

    (800) 466-4728

    1 in this area

    127 Total Sales

    Patricia Kearns-Davis
    Section Image

  • P

    Buyer's Agent in 2017

    Patrick Reed

    Reed Real Estate Partners, LLC

    (614) 570-2238

    1 Total Sale

    Patrick Reed
    Section Image

  • W

    Seller's Agent in 2016

    William Koniewich

    Hadler Realty Company

    (800) 753-3051

    2 Total Sales

    William Koniewich
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224010925

Columbus and Central Ohio Regional MLS

Ohio Franklin County Reynoldsburg 43068

1898 Baldwin Rd, Reynoldsburg, OH

This home is located at 1898 Baldwin Rd, Reynoldsburg, OH 43068 and is currently priced at $2,605,000, approximately $125 per square foot. This property was built in 1967. 1898 Baldwin Rd is a home located in Franklin County with nearby schools including Slate Ridge Elementary School, Baldwin Road Junior High School, and Hannah J Ashton Middle School.

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Information is deemed reliable but not guaranteed.

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