$1,680,000

4468 Reinbeau Dr Columbus, OH 43232

East Columbus-White Ash Neighborhood

Estimated payment $10,378/month

Total Views 6,219
-- Bed
-- Bath
14,112 Sq Ft
$119 Price per Sq Ft

Highlights

  • 1.28 Acre Lot
  • Cooling Available
  • Forced Air Heating System

About This Home

Cardinal Built ...24 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries

24 - 1BR - 1 bath 576 sf Avg Rent $675

The Seller also owns the 17 additional apartments across the street. The Buyer can purchase as a 24 unit apartment community or as a 41 unit apartment community. The price for the entire 41 unit community is $2,595,000.

Plenty of paved parking. Near all conveniences.
Plenty of upside potential for additional income
Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you

Listing Agent

Thomas Fortin

Thomas Fortin & Company LLC. License #2007003846 Listed on: 07/29/2025

Co-Listing Agent

Robert Baskent

Thomas Fortin & Company LLC. License #2017005307

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,801

Year Built

  • Built in 1973

Lot Details

  • 1.28 Acre Lot
  • Additional Parcels

Home Design

  • 14,112 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 180-003932

Community Details

Overview

  • 4 Buildings
  • 24 Units

Building Details

  • Operating Expense $68,040
  • Gross Income $194,400
  • Net Operating Income $126,360

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,801

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1973
  • Tax Year: 2023
  • Property Sub-Type: Apartment
  • Lot Size Acres: 1.28
  • Total Gross Income: 194400.0
  • Co List Office Mls Id: 10432
  • Co List Office Phone: 614-348-7876
  • Co List Office Phone: 614-348-7876
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 119.05
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 194400.0
  • Annual Expenses: 68040.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 14112.0
  • General Property Info # of Buildings: 4.0
  • Heat Fuel Electric4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Remarks Misc Property Description3: Cardinal Built ...24 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries 24 - 1BR - 1 bath 576 sf Avg Rent $675 The Seller also owns the 17 additional apartments across the street. The Buyer can purchase as a 24 unit apartment community or as a 41 unit apartment community. The price for the entire 41 unit community is $2,595,000. Plenty of paved parking. Near all conveniences. Plenty of upside potential for additional income Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Oil
  • Cooling: Other
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: GROVEPORT MADISON LSD 2507 FRA CO.

Lot Info

  • Parcel Number: 180-003932
  • Lot Size Sq Ft: 55756.8
  • Additional Parcels Description: 180-000419,180-004905
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 24
  • Net Operating Income: 126360.0
  • Annual Operating Expense: 68040.0

Tax Info

  • Tax Annual Amount: 18801.26

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/29/2025 07/29/25 For Sale $1,680,000 0.0% $119 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,680,000 -- $119 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224023621

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43232 East Columbus-White Ash

4468 Reinbeau Dr, Columbus, OH

For Sale

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Information is deemed reliable but not guaranteed.

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Thomas Fortin
Listing Agent
Thomas Fortin
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Thomas Fortin & Company LLC.
(380) 230-4224