Seller's Agent in 2026
Oliver Chapman
Keller Williams Consultants
(614) 738-0325
1 in this area
95 Total Sales
261 S Chase Ave Columbus, OH 43204
Westgate Neighborhood
--
Bed
--
Bath
2,080
Sq Ft
5,663
Sq Ft Lot Lot
Highlights
- Detached Garage
- Brick or Stone Mason
- Window Unit Cooling System
About This Home
As of March 2026Excellent location adjacent to Westgate and West High School. Rare and exceptional opportunity to own 12 unit portfolio on single NNN lease through December of 2027. That's over 2 years of no property tax, insurance, maintenance, property management fees, or turnover expenses. UPDATES GALORE. Mostly all new windows, remodeled kitchens, updated bathrooms, mechanicals, electric, and newer roofs since in the past 4 years. Each unit is leased for $1,100/mo which means $13,200 a month in gross rents without expenses. Shared basements with laundry hookups. Very well maintained. All units have wide concrete parking pads from lot line to lot line and/or two car detached garages. Curb offers only, please do not disturb tenants.
Last Agent to Sell the Property
Keller Williams Consultants License #2013004396 Listed on: 08/18/2025
Last Buyer's Agent
Keller Williams Consultants License #2013004396 Listed on: 08/18/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,243
Year Built
- Built in 1948
Lot Details
- 5,663 Sq Ft Lot
- Additional Parcels
Home Design
- 2,080 Sq Ft Home
- Duplex
- Brick or Stone Mason
Parking
- Detached Garage
- Common or Shared Parking
Utilities
- Window Unit Cooling System
- Central Air
Listing and Financial Details
- Assessor Parcel Number 010-040008
Community Details
Overview
- 12 Units
Building Details
- Gross Income $158,400
- Net Operating Income $158,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 18, 2025
Closed on
Mar 11, 2026
Sold by
Chase Ave Holdings Llc
Bought by
Chase Columbus Homes Llc
Seller's Agent
Oliver Chapman
Keller Williams Consultants
Buyer's Agent
Oliver Chapman
Keller Williams Consultants
List Price
$1,710,000
Sold Price
$1,450,000
Premium/Discount to List
-$260,000
-15.2%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.98%
Original Mortgage
$1,050,000
Outstanding Balance
$1,050,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$432,042
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 1, 2022
Sold by
Amazing Living Properties Inc
Bought by
Chase Ave Holdings Llc
Seller's Agent
Jae Billiter
Coldwell Banker Realty
Buyer's Agent
Rich Russo
Rich Russo Realty & Co.
List Price
$290,000
Sold Price
$225,000
Premium/Discount to List
-$65,000
-22.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.77%
Purchase Details
Listed on
Jun 24, 2020
Closed on
Aug 5, 2020
Sold by
Interstate Realty Holdings Llc
Bought by
Amazing Living Properties Inc
Seller's Agent
Jonathan Styer
ROOST Real Estate Co.
Buyer's Agent
Jae Billiter
Coldwell Banker Realty
List Price
$130,000
Sold Price
$121,000
Premium/Discount to List
-$9,000
-6.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.95%
Purchase Details
Listed on
Dec 13, 2017
Closed on
Dec 29, 2017
Sold by
Chase Avenue Holding Llc
Bought by
Interstate Rcalty Holdings Llc
Seller's Agent
Trisha Nelson
Coldwell Banker Realty
Buyer's Agent
Trisha Nelson
Coldwell Banker Realty
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.91%
Purchase Details
Closed on
Feb 28, 2015
Sold by
Russo August L and Russo Susan M
Bought by
Chase Avenue Holdings Llc
Purchase Details
Closed on
Jul 30, 2009
Sold by
Hartgrove Raleigh and Case #08Cve 08 011991
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jun 19, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Russo August I and Russo Susan M
Purchase Details
Closed on
Feb 7, 2006
Sold by
Morris Eric
Bought by
Hartgrove Raleigh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.34%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 21, 2003
Sold by
Gossman Robert
Bought by
Morris Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 26, 1993
Bought by
Gossman Robert
Purchase Details
Closed on
Aug 1, 1984
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,450,000 | Midland Title | |
| Warranty Deed | -- | Landsel Title Agency | |
| Warranty Deed | $966,000 | Crown Trident Title Agcy Inc | |
| Warranty Deed | $72,000 | None Available | |
| Limited Warranty Deed | $60,400 | None Available | |
| Sheriffs Deed | $48,000 | None Available | |
| Special Warranty Deed | $23,200 | Accutitle Agency Inc | |
| Warranty Deed | $75,000 | Vta Title A | |
| Warranty Deed | $65,000 | Mcs Title Llc | |
| Deed | $40,200 | -- | |
| Deed | $73,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | Credit Line Revolving | |
| Previous Owner | $75,000 | Seller Take Back | |
| Previous Owner | $65,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | Sold | $1,450,000 | -12.1% | $697 / Sq Ft | |
| 10/06/2025 10/06/25 | Price Changed | $1,650,000 | -3.5% | $793 / Sq Ft | |
| 08/18/2025 08/18/25 | For Sale | $1,710,000 | +660.0% | $822 / Sq Ft | |
| 08/19/2022 08/19/22 | Sold | $225,000 | -22.4% | $108 / Sq Ft | View Prior Sale |
| 07/27/2022 07/27/22 | Pending | -- | -- | -- | |
| 07/15/2022 07/15/22 | For Sale | $290,000 | +139.7% | $139 / Sq Ft | |
| 08/10/2020 08/10/20 | Sold | $121,000 | -6.9% | $58 / Sq Ft | View Prior Sale |
| 06/24/2020 06/24/20 | For Sale | $130,000 | +80.6% | $63 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $72,000 | -19.9% | $35 / Sq Ft | View Prior Sale |
| 12/13/2017 12/13/17 | For Sale | $89,900 | -- | $43 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
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 | $4,150 | $90,550 | $22,610 | $67,940 |
| 2024 | $4,150 | $90,550 | $22,610 | $67,940 |
| 2023 | $4,098 | $90,545 | $22,610 | $67,935 |
| 2022 | $1,916 | $36,060 | $11,660 | $24,400 |
| 2021 | $1,429 | $26,850 | $11,660 | $15,190 |
| 2020 | $1,419 | $26,610 | $11,660 | $14,950 |
| 2019 | $1,378 | $22,160 | $9,700 | $12,460 |
| 2018 | $1,469 | $22,160 | $9,700 | $12,460 |
| 2017 | $1,451 | $22,160 | $9,700 | $12,460 |
| 2016 | $2,356 | $21,140 | $6,300 | $14,840 |
| 2015 | $1,563 | $21,140 | $6,300 | $14,840 |
| 2014 | $1,311 | $21,140 | $6,300 | $14,840 |
| 2013 | -- | $23,485 | $7,000 | $16,485 |
Source: Public Records
Agents Affiliated with this Home
-
Oliver Chapman
-
Jae Billiter
J
Seller's Agent in 2022
Jae Billiter
Coldwell Banker Realty
(614) 890-5000
6 in this area
33 Total Sales
-
Rich Russo
Buyer's Agent in 2022
Rich Russo
Rich Russo Realty & Co.
(614) 937-8699
7 in this area
297 Total Sales
-
J
Seller's Agent in 2020
Jonathan Styer
ROOST Real Estate Co.
-
H
Seller Co-Listing Agent in 2020
Helen Nilsson
ROOST Real Estate Co.
-
T
Seller's Agent in 2017
Trisha Nelson
Coldwell Banker Realty
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225031239
APN: 010-040008
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Information is deemed reliable but not guaranteed.
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