$380,000
SOLD OCT 10, 2025
-- Bed
-- Bath
2,296 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

1% Above List Price

4 Days on Market

About This Home

As of October 2025

Strong cash flow with ~7.6% cap rate, reliable long-term tenants with strong payment history, and minimal turnover. Located in a high-demand rental corridor between N 4th Street and Summit Street, this fully occupied brick duplex features 2-bed/1-bath units with spacious living and dining areas plus full basements for added storage. Unit 341 is leased at $1,491.56/month and Unit 343 at $1,425/month. Owner improvements include a newer roof and completion of repairs from prior inspections, reducing near-term capital needs. This is a turnkey opportunity offering stability, reliability, and strong rental demand. Multiple offers, agents see remarks

Last Agent to Sell the Property

Elisa Lowe

Keller Williams Consultants License #2017003008 Listed on: 09/16/2025

Keller Williams Consultants

Last Buyer's Agent

Anne Donovan

Coldwell Banker Realty License #2019003682

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1916

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • 2,296 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 010-015483

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,372
  • Gross Income $34,999
  • Net Operating Income $33,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,972

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1916
  • Tax Year: 2024
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.05
  • Total Gross Income: 34998.72
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 163.28
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 34998.72
  • Annual Expenses: 6372.0
  • General Property Info Building Sq Ft: 2296.0
  • Remarks Misc Property Description3: Strong cash flow with ~7.6% cap rate, reliable long-term tenants with strong payment history, and minimal turnover. Located in a high-demand rental corridor between N 4th Street and Summit Street, this fully occupied brick duplex features 2-bed/1-bath units with spacious living and dining areas plus full basements for added storage. Unit 341 is leased at $1,491.56/month and Unit 343 at $1,425/month. Owner improvements include a newer roof and completion of repairs from prior inspections, reducing near-term capital needs. This is a turnkey opportunity offering stability, reliability, and strong rental demand. Multiple offers, agents see remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-015483
  • Lot Size Sq Ft: 2178.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 33626.0
  • Annual Operating Expense: 6372.0

Tax Info

  • Tax Annual Amount: 4972.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2025
Closed on
Oct 10, 2025
Sold by
Shieh Family Trust and Shieh Jeffrey Chao-Wen
Bought by
Ramamurthy Arun and Ramamurthy Lauren Elizabeth
Seller's Agent
Elisa Lowe
Keller Williams Consultants
Buyer's Agent
Anne Donovan
Coldwell Banker Realty
List Price
$374,900
Sold Price
$380,000
Premium/Discount to List
$5,100
1.36%
Views
2
Current Estimated Value
$374,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,672
Avg. Annual Appreciation
-4.74%
Original Mortgage
$285,000
Outstanding Balance
$285,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$89,328

Purchase Details

Closed on
Sep 20, 2023
Sold by
Sevensocks Llc
Bought by
Shieh Family Trust and Shieh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2023
Sold by
Flomo Mercy
Bought by
Sevensocks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 14, 2022
Sold by
Gesouras Chris K and Gesouras Frances
Bought by
Flomo Mercy

Purchase Details

Closed on
Mar 27, 2003
Sold by
Hansel Wendy J and Hill Bruce D
Bought by
Gesouras Chris K and Gesouras Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Brymer Thomas H
Bought by
Happy Turtle Properties Ltd

Purchase Details

Closed on
Jul 13, 1979
Bought by
Brymer Thomas H
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $380,000 Columbus Title
Warranty Deed $310,000 Northwest Advantage Title Agen
Warranty Deed $260,000 Omni Title
Warranty Deed $260,000 Transcounty Title Agency
Warranty Deed $135,000 --
Warranty Deed -- --
Warranty Deed $90,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $232,500 New Conventional
Previous Owner $208,000 Credit Line Revolving
Previous Owner $121,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Sold $380,000 +1.4% $166 / Sq Ft
09/16/2025 09/16/25 For Sale $374,900 -- $163 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225035064

Columbus and Central Ohio Regional MLS

APN: 010-015483