Seller's Agent in 2023
Joseph C Jackson
Keller Williams Capital Ptnrs
(614) 888-1000
4 in this area
190 Total Sales
343 E 13th Ave Columbus, OH 43201
Indianola Terrace Neighborhood
4
Beds
--
Bath
5,220
Sq Ft
6,098
Sq Ft Lot
About This Home
As of September 2023The long-term owner is selling this SIX unit Near Ohio State University. This building was constructed around 1972 and consists of four two-bedroom flats and two two-bedroom townhomes. Rents for the 2023-24 school year are $850 for the 4 flats and $875 for the 2 townhomes. These are under-market, and the new owner can increase income by adjusting rents closer to market ($950-$1,000/unit) and adding a chargeback for the water of $35/unit. They have equipped kitchens including a range and refrigerator. This site is near OSU main campus and COTA and CABS bus lines. Located on a street of well-kept properties, this building has maintained 100% occupancy for years. Income and expenses are from 2022. See Documents for 2021-22 profit and loss statements. Please do not disturb the residents
Last Agent to Sell the Property
Keller Williams Capital Ptnrs License #2014000204 Listed on: 08/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,213
Year Built
- Built in 1972
Lot Details
- 6,098 Sq Ft Lot
Home Design
- 5,220 Sq Ft Home
- Mixed Use
- Brick Exterior Construction
- Frame Construction
- Stucco
Parking
- 8 Parking Spaces
- On-Street Parking
- Off-Street Parking: 1
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 010-005285
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $4,460
- Maintenance Expense $6,388
- Manager Expense $5,990
- Professional Management Expense $5,990
- Supplies Expense $82
- Water Sewer Expense $2,428
- Operating Expense $30,737
- Gross Income $59,534
- Net Operating Income $28,797
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2023 09/07/23 | Sold | $660,000 | -2.2% | $126 / Sq Ft |
| 08/24/2023 08/24/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | For Sale | $675,000 | 0.0% | $129 / Sq Ft |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 07/24/2023 07/24/23 | For Sale | $675,000 | -- | $129 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $17,145 | $231,000 | $24,990 | $206,010 |
| 2023 | $19,968 | $273,350 | $24,990 | $248,360 |
| 2022 | $9,213 | $122,850 | $18,970 | $103,880 |
| 2021 | $9,252 | $122,850 | $18,970 | $103,880 |
| 2020 | $9,189 | $122,850 | $18,970 | $103,880 |
| 2019 | $7,784 | $94,510 | $14,600 | $79,910 |
| 2018 | $6,708 | $94,510 | $14,600 | $79,910 |
| 2017 | $7,775 | $94,510 | $14,600 | $79,910 |
| 2016 | $6,093 | $70,010 | $14,600 | $55,410 |
| 2015 | $5,657 | $70,010 | $14,600 | $55,410 |
| 2014 | $5,654 | $70,010 | $14,600 | $55,410 |
| 2013 | $2,802 | $70,000 | $14,595 | $55,405 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph C Jackson
-
Brandon Goldsmith
Buyer's Agent in 2023
Brandon Goldsmith
Reafco
(614) 963-3340
3 in this area
92 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223023317
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