$525,000
SOLD SEP 26, 2025
-- Bed
-- Bath
5,940 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

11 Days on Market

About This Home

As of September 2025

This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With recent upgrades, this investment promises steady cash flow and growth.

Last Agent to Sell the Property

Fisal Ikhmayes

Di Lusso Real Estate License #2024003271 Listed on: 08/06/2025

Di Lusso Real Estate

Co-Listed By

Rami Ikhmayes

Di Lusso Real Estate License #2023002633

Last Buyer's Agent

Kerlous Tadres

Reafco License #2022006903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 5,940 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 570-204074

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $11,195
  • Gross Income $48,600
  • Net Operating Income $37,405

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,895

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1970
  • Tax Year: 2024
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.24
  • Total Gross Income: 48600.0
  • Co List Office Mls Id: 11065
  • Co List Office Phone: 614-980-9400
  • Co List Office Phone: 614-980-9400
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 48600.0
  • Annual Expenses: 11195.06
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 5940.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Central Air: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 570-204074
  • Lot Size Sq Ft: 10454.4

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 37404.94
  • Annual Operating Expense: 11195.06

Tax Info

  • Tax Annual Amount: 4895.0

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 List to Sale Price per Sq Ft Prior Sale
09/26/2025 09/26/25 Sold $525,000 0.0% $88 / Sq Ft
07/05/2025 07/05/25 For Sale $525,000 +50.0% $88 / Sq Ft
02/16/2024 02/16/24 Sold $350,000 -6.7% $59 / Sq Ft View Prior Sale
01/05/2024 01/05/24 For Sale $375,000 -- $63 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225024681

Columbus and Central Ohio Regional MLS