4308 E Main St Unit 1 Columbus, OH 43213
Estimated payment $2,503/month
Total Views
772
--
Bed
--
Bath
2,207
Sq Ft
$188
Price per Sq Ft
Highlights
- Brick or Stone Mason
- Cooling Available
- Heating Available
About This Home
*VALUE-ADD MIXED-USE INVESTMENT | 7 UNITS + COMMERCIAL FRONTAGE*
Opportunity awaits at 4308 E Main Street, offering immediate income and long-term redevelopment potential in a high-visibility corridor. The property features a ready to build front office/commercial space paired with seven recently renovated private studio units (1 bed / 1 bath each) located in the rear of the building. Originally constructed as a motel, the property has been operating as rental units and generates approximately $625 per month per unit, creating a stable income stream for investors. The office space was previously rented for $2,000 a month and includes highly visible road signage. Beyond its current use, the flexible layout opens the door for numerous value-add opportunities. The building could continue operating as rental units or be repositioned for a variety of commercial uses, such as a beauty or wellness salon, professional office suites, small business incubator, motel, or service-based business hub. Located along East Main Street, the property benefits from strong daily traffic counts and convenient access to downtown Columbus, Bexley, Whitehall and major highways, making it attractive for both tenants and business owners. Whether you're an investor seeking cash flow or an entrepreneur looking for a flexible commercial space with built-in income potential, this property presents a rare opportunity to capitalize on a unique layout and prime location. Schedule a tour and own your piece of Columbus today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,132
Year Built
- Built in 1953
Lot Details
- 6,098 Sq Ft Lot
Parking
- 8 Parking Spaces
Home Design
- 2,207 Sq Ft Home
- Mixed Use
- Brick or Stone Mason
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 090-003811-00
Community Details
Overview
- 8 Units
Building Details
- Manager Expense $2,100
- Operating Expense $11,000
- Gross Income $21,000
- Net Operating Income $10,000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $6,133 | $54,260 | $21,880 | $32,380 |
| 2024 | $6,133 | $54,260 | $21,880 | $32,380 |
| 2023 | $4,066 | $54,260 | $21,880 | $32,380 |
| 2022 | $4,448 | $54,370 | $12,570 | $41,800 |
| 2021 | $4,260 | $54,370 | $12,570 | $41,800 |
| 2020 | $4,211 | $54,370 | $12,570 | $41,800 |
| 2019 | $3,849 | $47,260 | $10,920 | $36,340 |
| 2018 | $1,947 | $47,260 | $10,920 | $36,340 |
| 2017 | $3,754 | $47,260 | $10,920 | $36,340 |
| 2016 | $3,559 | $42,990 | $10,920 | $32,070 |
| 2015 | $3,590 | $42,990 | $10,920 | $32,070 |
| 2014 | $3,591 | $42,990 | $10,920 | $32,070 |
| 2013 | $1,528 | $36,925 | $10,920 | $26,005 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | For Sale | $414,900 | -- | $188 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
About the Listing Agent
Hey there! I’m Zack, a real estate agent with Coldwell Banker Realtors in Newark, OH and founder of The Zack Pack -- We run the Fairfield & Licking County Territory. My home base is Lancaster, OH so feel free to say "Hi" and ask a Real Estate question if You see me around town. If You're looking for someone who will provide You with professional, responsive and attentive real estate services, You've come to the right place! I'll really listen to what You want in a home and guide You through the
Zack's Other Listings
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226006766
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.
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
- 963 Erickson Ave
- 798 S Yearling Rd
- 745 Pierce Ave
- 746 S Yearling Rd
- 1002 Rose Place
- 695 Erickson Ave
- 4174 Wright Park
- 1085 S Hamilton Rd
- 1116 Elaine Rd
- 706 Ross Rd
- 4623 Langley Ave
- 3955 E Fulton St
- 3990 Astor Ave
- 1301 Bernhard Rd
- 1275 Elaine Rd
- 1281 Maetzel Dr
- 4662 Jae Ave
- 1229 Simpson Dr
- 491 Westphal Ave
- 1243 Simpson Dr
- 3974 Andrus Ave
- 1250 Kelburn Rd
- 4669 E Main St
- 3855 E Mound St
- 1131 Lockwood Rd
- 1462 Elaine Rd
- 1246 Arkwood Ave
- 973 Exeter Rd
- 1537 Duffield Dr
- 4517 San Jose Ln
- 280 Barkley Place W
- 3540 E Main St
- 4728 E Livingston Ave
- 1070 Irongate Ln
- 156 Collingwood Ave
- 3451 E Livingston Ave
- 1789 Elaine Rd
- 4264 E Broad St
- 4470 E Broad St
- 65 Robinwood Ave
Your Personal Tour Guide
Ask me questions while you tour the home.