$1,050,000
UNDER CONTRACT

Estimated payment $7,962/month

Total Views 8,042
-- Bed
-- Bath
9,702 Sq Ft
$108 Price per Sq Ft

About This Home

Located close to OSU, Short North, Downtown with good access to all major Roadways. Stately Brick Building, perched above the street, 7 units consisting of five 2 bedroom/1 bath units and two 3 bedroom/1 bath units. All units have full basements, laundry and gas heat. On-street Parking as Lane is a side street with parking. Long term renters. Roof new in 2011. Double Pane, Vinyl Replacement Windows. Glass Block Basement Windows. Income & Expenses were from 2023 Tax Return. However, current rents annualized are $93,275.

Listing Agent

Rick Rano

RE/MAX Affiliates, Inc. License #2003001121

RE/MAX Affiliates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,685

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 9,702 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-001234

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $1,830
  • Maintenance Expense $4,901
  • Supplies Expense $3,595
  • Water Sewer Expense $2,511
  • Operating Expense $36,571
  • Gross Income $78,058
  • Net Operating Income $41,487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,685

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2024
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.15
  • Total Gross Income: 78058.0
  • Supplies Expense: 3595.0
  • Co List Office Phone: 614-891-1661
  • MLS Status: Contingent
  • Subdivision Name: Indianola Summit
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 78058.0
  • Annual Expenses: 36571.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 9702.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2511.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-001234
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 7
  • Insurance Expense: 1830.0
  • Maintenance Expense: 4901.0
  • Net Operating Income: 41487.0
  • Annual Operating Expense: 36571.0

Tax Info

  • Tax Annual Amount: 25684.64

Map

Range of Values:

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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
05/03/2025 05/03/25 For Sale $1,050,000 0.0% $108 / Sq Ft
04/24/2025 04/24/25 Off Market $1,050,000 -- --
09/17/2024 09/17/24 For Sale $1,050,000 -- $108 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224032987

Columbus and Central Ohio Regional MLS