$700,000
SOLD OCT 22, 2024

2098 Ridgeview Rd Columbus, OH 43221

-- Bed
-- Bath
3,584 Sq Ft
0.25 Acres

Recently Sold

$195 Per Sq Ft

12% Below List Price

26 Days on Market

About This Home

As of October 2024

Prime 4-Unit Brick Multifamily Property in central Upper Arlington. This solid, low-maintenance building offers four spacious units, each with great natural light. The property features two inviting bedrooms and one full bath. Ideal for investors or owner-occupants looking for steady rental income in a high-demand area. The property boasts off-street, assigned parking for each unit, ensuring convenience for each resident. Located near restaurants,shopping, and all the amenities that Upper Arlington has to offer, Don't miss this rare investment opportunity in a fantastic location!

Last Agent to Sell the Property

Matthew Long

Howard Hanna Real Estate Svcs License #2016000494

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Gerry O'Neil

C. R. O'Neil & Co. License #383300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,481

Year Built

  • Built in 1951

Lot Details

  • 0.25 Acre Lot

Home Design

  • 3,584 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • 3 Carport Spaces
  • Assigned Parking

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 070-003932

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $792
  • Maintenance Expense $9,390
  • Manager Expense $2,809
  • Professional Management Expense $2,809
  • Water Sewer Expense $3,597
  • Operating Expense $27,887
  • Gross Income $51,328
  • Net Operating Income $23,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,481

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1951
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.25
  • Total Gross Income: 51327.51
  • Co List Office Phone: 614-888-7400
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 51327.51
  • Annual Expenses: 27887.23
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3584.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Carports: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 3597.46

Schools

  • Junior High Dist: UPPER ARLINGTON CSD 2512 FRA CO.

Lot Info

  • Parcel Number: 070-003932
  • Lot Size Sq Ft: 10890.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 791.72
  • Maintenance Expense: 9390.0
  • Resident Manager Expense: 2809.44
  • Net Operating Income: 23440.28
  • Annual Operating Expense: 27887.23

Tax Info

  • Tax Annual Amount: 16481.0

Map

Range of Values:

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Average Value
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List Price
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
10/22/2024 10/22/24 Sold $700,000 -6.7% $195 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $750,000 -5.7% $209 / Sq Ft
09/06/2024 09/06/24 For Sale $795,000 -- $222 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224031629

Columbus and Central Ohio Regional MLS