$525,000
UNDER CONTRACT

3654 Arnelle Rd Columbus, OH 43228

Holly Hill Neighborhood

Estimated payment $3,269/month

Total Views 1,432
-- Bed
-- Bath
5,940 Sq Ft
$88 Price per Sq Ft

About This Home

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.

Listing Agent

Fisal Ikhmayes

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

Di Lusso Real Estate

Co-Listing Agent

Rami Ikhmayes

Di Lusso Real Estate License #2023002633

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: Contingent
  • 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: UnderContract
  • 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

Map

Range of Values:

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Average Value
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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
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
01/05/2024 01/05/24 For Sale $375,000 -- $63 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 225024681

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43228 Holly Hill

3654 Arnelle Rd, Columbus, OH

This home is located at 3654 Arnelle Rd, Columbus, OH 43228 and is currently priced at $525,000, approximately $88 per square foot. This property was built in 1970. 3654 Arnelle Rd is a home located in Franklin County with nearby schools including West Franklin Elementary School, Franklin Woods Intermediate School, and Finland Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Fisal Ikhmayes
Listing Agent
Fisal Ikhmayes
Section Image
Di Lusso Real Estate
(380) 205-0692