$498,500
UNDER CONTRACT

Estimated payment $3,000/month

Total Views 6,856
-- Bed
-- Bath
5,760 Sq Ft
$87 Price per Sq Ft

About This Home

Turnkey 4-unit multifamily investment opportunity! This fully renovated property features a brand-new roof, gutters, HVAC systems, plumbing, and electrical—offering true peace of mind for the next owner. All four units have been thoughtfully updated with modern finishes, electric fireplaces, and brand-new kitchen appliances. The property offers 8 total bedrooms, is fully occupied, and meets the 1% rule, delivering strong and stable cash flow from day one. With major capital improvements already completed and quality renovations throughout, this asset is ideal for investors seeking a low-maintenance, income-producing property. A rare opportunity to acquire a fully updated, performing multifamily—don't miss it.

Listing Agent

Letisha Parks

EXP Realty, LLC License #2020005517 Listed on: 01/25/2026

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,275

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 5,760 Sq Ft Home

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 010-093027

Community Details

Overview

  • 4 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $12,000
  • Gross Income $72,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,275

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2024
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.17
  • Total Gross Income: 72000.0
  • Co List Office Phone: 866-212-4991
  • MLS Status: Contingent
  • Location Property Info List PriceSqFt: 86.55
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 5760.0
  • General Property Info # of Buildings: 1.0
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-093027
  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 60000.0
  • Annual Operating Expense: 12000.0

Tax Info

  • Tax Annual Amount: 5275.0

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 $9,932 $59,680 $9,030 $50,650
2024 $9,932 $59,680 $9,030 $50,650
2023 $4,661 $59,680 $9,030 $50,650
2022 $8,430 $53,550 $4,200 $49,350
2021 $4,435 $53,550 $4,200 $49,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2026 01/25/26 For Sale $498,500 0.0% $87 / Sq Ft
01/18/2026 01/18/26 Rented $1,500 0.0% --
11/29/2025 11/29/25 For Rent $1,500 0.0% --
06/19/2018 06/19/18 Sold $153,000 +2.1% $27 / Sq Ft View Prior Sale
05/22/2018 05/22/18 For Sale $149,900 -- $26 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

About the Listing Agent

Letisha Parks

EXP Realty, LLC

(380) 214-2983

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With over a decade of experience as a real estate investor and five years as a licensed agent, Letisha brings a wealth of knowledge and passion to every client interaction. In 2024, she proudly launched her own real estate team, Premiere Property Group, where she serves as the Team Lead. Letisha’s unique blend of investment insight, market expertise, and people-first philosophy has earned her a loyal base of returning clients who trust her to guide them through every stage of their real estate

Letisha's Other Listings

  • 4677 E Livingston Ave, Columbus, OH 43227

    $780,900

    • 5 Beds
    • 6 Baths
    • 4,093 Sq Ft
    • 4677 E Livingston Ave
    • Columbus, OH

    This is a rare chance to own a fully updated, high-capacity property in a desirable Columbus location offering over 6,000 sq ft of finished space, 5 bedrooms, and 6 bathrooms, all designed with flexibility and income potential in mind. Whether you're looking to operate a group home, launch a high-earning Airbnb, or lease to a large family, this property delivers exceptional value and versatility.

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  • 150 N 22nd St, Columbus, OH 43203

    $365,000

    • 5 Beds
    • 2.5 Baths
    • 1,824 Sq Ft
    • 150 N 22nd St
    • Columbus, OH

    This stunning 5-bedroom, 2.5-bath home has been thoughtfully renovated and is ready for its next chapter. You'll love the stylish upgrades, smart layout, and sun-filled spaces that make everyday living feel effortless. Step outside to a fully fenced backyard—ideal for gatherings, quiet evenings, or furry friends.Perfectly positioned near shopping, dining, parks, and everything Columbus has

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    Section Image
  • 162 Phelps Rd, Columbus, OH 43207

    $209,900

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft
    • 162 Phelps Rd
    • Columbus, OH

    Step into this beautifully updated 3 bedroom, 1 bathroom ranch-style home, perfectly located less than 15 minutes from downtown. Situated on a massive corner lot, the property features mature trees for shade, a storage shed and plenty of space for outdoor living or future additions. With its blend of fresh renovations, functional design and unbeatable location, this home is perfect for anyone

    Letisha Parks EXP Realty, LLC

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  • 2808 Dolby Dr, Columbus, OH 43207

    $215,000 Sold Feb 26, 2026

    • 3 Beds
    • 1 Bath
    • 925 Sq Ft
    • 2808 Dolby Dr
    • Columbus, OH

    Fully Renovated 3-Bedroom Ranch Home Move-In Ready! Discover this beautifully updated 3-bedroom ranch featuring rich dark flooring throughout, a bright open kitchen with new cabinets and modern lighting, and a spacious layout perfect for entertaining or relaxing. Nestled on a quiet street just minutes from Downtown Columbus, you'll enjoy easy access to shopping, restaurants, and major highways —

    Letisha Parks EXP Realty, LLC

  • 847- 849 S Ogden Ave, Columbus, OH 43204

    $52,000 Sold Nov 11, 2025

    • Land
    • 6,534 Sq Ft Lot
    • 847- 849 S Ogden Ave
    • Columbus, OH

    ****CALLING INVESTORS**** Land already has all city utilities ready to be attached to a new construction. Perfect investment opportunity to expand or start your portfolio. Property is zoned R4 and ready for a multi-family structure.

    Letisha Parks EXP Realty, LLC

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226002439

Columbus and Central Ohio Regional MLS
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