Estimated payment $2,311/month
About This Home
Excellent investment opportunity in a centrally located neighborhood! This well-maintained apartment building features five spacious 2-bedroom, 1-bath units, offering consistent rental income and strong tenant appeal. Total gross rental income comes to $32,000 annually, and tenants pay their own utilities (owner pays only for garbage service). One unit includes in-unit washer & dryer, while four other units can use the newly built coin-operated laundry room located in the basement for supplemental income. This property also includes a 4-car garage, with 2 bays currently rented at $600/year for extra income. This income-producing property is ideal for investors seeking low-maintenance cash flow with upside potential. With separately metered utilities and additional income streams, this property is a smart buy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,124
Year Built
- Built in 1900
Parking
- 4 Car Detached Garage
Home Design
- Frame Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Utilities
- Separate Meters
- Gas Available
Additional Features
- Multi-Level Property
- Lot Dimensions are 100x150
- Basement
Community Details
- Electric Expense $2,200
- Fuel Expense $1,200
Listing and Financial Details
- Assessor Parcel Number 0004124.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,124 | $284,955 | $30,000 | $254,955 |
| 2024 | $3,124 | $245,385 | $30,000 | $215,385 |
| 2023 | $3,642 | $214,120 | $30,000 | $184,120 |
| 2022 | $3,229 | $185,090 | $15,000 | $170,090 |
| 2021 | $3,375 | $185,090 | $15,000 | $170,090 |
| 2020 | $3,157 | $176,495 | $15,000 | $161,495 |
| 2019 | $3,114 | $176,495 | $15,000 | $161,495 |
| 2018 | $2,734 | $152,505 | $15,000 | $137,505 |
| 2017 | $2,703 | $152,505 | $15,000 | $137,505 |
| 2016 | $2,617 | $0 | $0 | $0 |
| 2015 | $2,557 | $139,590 | $15,000 | $124,590 |
| 2014 | -- | $139,590 | $15,000 | $124,590 |
| 2013 | -- | $128,955 | $13,000 | $115,955 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $385,000 | -6.1% | -- |
| 06/12/2025 06/12/25 | Price Changed | $410,000 | -4.7% | -- |
| 04/29/2025 04/29/25 | For Sale | $430,000 | -- | -- |
Source: Columbus Board of REALTORS® (NE)
MLS Number: 20250248
APN: 0004124.00
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