$287,500
SOLD JAN 21, 2025
-- Bed
-- Bath
2,838 Sq Ft
0.32 Acres

Recently Sold

$101 Per Sq Ft

4% Below List Price

16 Days on Market

About This Home

As of January 2025

Opportunity is knocking!
This apartment building is a well-maintained, four-unit property with each unit featuring a single bedroom and a single bathroom. All units are currently occupied, providing a steady cash flow. At the front of the property, there's a five-car parking lot, supplemented by available street parking, ensuring ample space for tenants and visitors. SEE AGENT TO AGENT REMARKS

In the back, a shed offers additional storage, and a spacious common area provides shared outdoor space for tenants. The common area is large enough to hold potential for future development, possibly even accommodating another apartment building if zoning permits. This could be an attractive option for investors looking to maximize the property's income potential.

Last Agent to Sell the Property

Kristyn Paxton

Howard Hanna Real Estate Svcs License #2016004710 Listed on: 12/13/2024

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,546

Year Built

  • Built in 1979

Home Design

  • 2,838 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking: 1
  • Assigned Parking

Additional Features

  • 0.32 Acre Lot
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-179079

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $1,800
  • Gross Income $28,200
  • Net Operating Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,546

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1979
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.32
  • Total Gross Income: 28200.0
  • Co List Office Phone: 740-403-0375
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 28200.0
  • Annual Expenses: 1800.0
  • General Property Info Building Sq Ft: 2838.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 6.0
  • Parking Features Assigned2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-179079
  • Lot Size Sq Ft: 13939.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 28200.0
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 5546.0

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Range of Values:

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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
01/21/2025 01/21/25 Sold $287,500 -4.1% $101 / Sq Ft
12/13/2024 12/13/24 Price Changed $299,900 0.0% $106 / Sq Ft
12/13/2024 12/13/24 For Sale $299,900 -7.7% $106 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $325,000 -13.3% $115 / Sq Ft
11/06/2024 11/06/24 For Sale $375,000 -- $132 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224039521

Columbus and Central Ohio Regional MLS