$1,680,000

Estimated payment $10,703/month

Total Views 2,933
-- 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

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 Phone: 614-348-7876
  • MLS Status: Active
  • 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
  • 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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Average Value
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List Price
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
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