NOT LISTED FOR SALE

4446 Mathews Ave Obetz, OH 43207

Far South Neighborhood
-- Bed
-- Bath
3,000 Sq Ft
3,920 Sq Ft Lot

Last Sold June 10, 2022

Last sale price $473,000 $158 Per Sq Ft

About This Home

As of June 2022

5 Unit Apartment Building! Amazing opportunity to own a turn key, cash flowing apartment building in the rapidly growing community of Obetz. Property is 100% occupied, producing $4,320 per month in rents with room to generate more! Many updates already completed including exterior paint and shutters, concrete patios, designated parking area and vinyl replacement windows. 3 of 5 units have been renovated within the last year and include LVP flooring, updated baths and kitchens featuring new cabinets, countertops, stainless steel appliances, stackable washer and dryer, interior doors and more. All units are 2 bed/1 bath. Do not disturb tenants. Currently accepting curb offers only. Once in contract, walk through and inspection can be completed. Agent is member of selling entity.

Last Agent to Sell the Property

Justin Hamilton

Plowman Properties LLC. Listed on: 05/27/2022

Co-Listed By

Courtney Hamilton

Plowman Properties LLC.

Last Buyer's Agent

Ling Hunter

Red 1 Realty License #2015002572

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1969

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 3,000 Sq Ft Home
  • Brick Exterior Construction
  • Stucco

Parking

  • 10 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 152-000171

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $2,400
  • Maintenance Expense $2,500
  • Manager Expense $5,184
  • Professional Management Expense $5,184
  • Water Sewer Expense $3,600
  • Operating Expense $16,848
  • Gross Income $51,840
  • Net Operating Income $34,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,760

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1969
  • Tax Year: 2021
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.09
  • Total Gross Income: 51840.0
  • Co List Office Mls Id: 10229
  • Co List Office Phone: 614-499-7776
  • Co List Office Phone: 614-499-7776
  • MLS Status: Closed
  • Subdivision Name: Obetz
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 51840.0
  • Annual Expenses: 16848.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3000.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 10.0
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Schools

  • Junior High Dist: HAMILTON LSD 2505 FRA CO.

Lot Info

  • Parcel Number: 152-000171
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 2400.0
  • Maintenance Expense: 2500.0
  • Resident Manager Expense: 5184.0
  • Net Operating Income: 34992.0
  • Annual Operating Expense: 16848.0

Tax Info

  • Tax Annual Amount: 2760.0

Range of Values:

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Sold Price
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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
06/10/2022 06/10/22 Sold $473,000 -0.4% $158 / Sq Ft
05/27/2022 05/27/22 For Sale $475,000 +0.4% $158 / Sq Ft
05/25/2022 05/25/22 Off Market $473,000 -- --
06/06/2021 06/06/21 Sold $340,000 -14.8% $113 / Sq Ft
03/15/2021 03/15/21 For Sale $399,000 -- $133 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Justin Hamilton

    Plowman Properties LLC.

  • C

    Seller Co-Listing Agent in 2022

    Courtney Hamilton

    Plowman Properties LLC.

  • Ling Hunter

    Buyer's Agent in 2022

    Ling Hunter

    Red 1 Realty

    (614) 886-6668

    9 in this area

    381 Total Sales

    Section Image
  • Scott E Street

    Seller's Agent in 2021

    Scott E Street

    Street Sotheby's International

    (419) 797-4400

    1 in this area

    44 Total Sales

    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222018149

Columbus and Central Ohio Regional MLS

Ohio Franklin County Obetz 43207 Obetz-Lockbourne

4446 Mathews Ave, Obetz, OH

This home is located at 4446 Mathews Ave, Obetz, OH 43207 since 27 May 2022. This property was built in 1969. 4446 Mathews Ave is a home located in Franklin County with nearby schools including Hamilton Elementary School, Hamilton Intermediate School, and Hamilton 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.

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