$414,900
UNDER CONTRACT

4308 E Main St Unit 1 Columbus, OH 43213

Estimated payment $2,528/month

Total Views 3,126
-- 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!

Listing Agent

Zack Linder

Coldwell Banker Realty License #2021001068 Listed on: 04/10/2026

Coldwell Banker Realty

Co-Listing Agent

William Robbins

Coldwell Banker Realty License #2005014002

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

  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,132

Year Built

Built in 1953

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1953
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 21000.0
  • Co List Office Mls Id: 03393
  • Co List Office Phone: 614-239-0808
  • Co List Office Phone: 614-239-0808
  • MLS Status: Contingent
  • Location Property Info List PriceSqFt: 187.99
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 2207.0
  • General Property Info # of Buildings: 1.0
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Bed & Breakfast, Commercial, Office, Rooming House

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: WHITEHALL CSD 2515 FRA CO.

Lot Info

  • Parcel Number: 090-003811-00
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 2000.0
  • Number Of Units Total: 8
  • Resident Manager Expense: 2100.0
  • Net Operating Income: 10000.0
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Annual Amount: 4131.68

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
04/10/2026 04/10/26 For Sale $414,900 0.0% $188 / Sq Ft
03/11/2026 03/11/26 Off Market $414,900 -- --
03/09/2026 03/09/26 For Sale $414,900 -- $188 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226006766

Columbus and Central Ohio Regional MLS
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