Estimated payment $812/month
About This Home
*Property sold as is. Fire damage to one unit and water damage to two others. Two other units have smoke damage. All other information is pre fire statistics, property currently is vacant. 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
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | Price Changed | $105,000 | 0.0% | -- |
| 12/15/2025 12/15/25 | For Sale | $105,000 | -72.7% | -- |
| 11/21/2025 11/21/25 | Off Market | $385,000 | -- | -- |
| 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
