NOT LISTED FOR SALE

79 E Arcadia Ave Columbus, OH 43202

Old North Columbus Neighborhood
8 Beds
-- Bath
10,836 Sq Ft
0.29 Acres

Last Sold December 02, 2022

Last sale price $1,400,000 $129 Per Sq Ft

24 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Portal Park

About This Home

As of December 2022

The completely renovated property is located just a block from High Street in the desirable south Clintonville area. The all-brick, two-story building contains eight 2BD/1BA townhouse units each with front and rear patios, full basements with washer/dryer hook-ups and ample off-street parking. All but one unit (which is currently being renovated) have received new high-end kitchens and baths with LVT floors. Other recent improvements include new HVACs (all units), roof, iron patio railings, windows, doors and more. Tenants pay all utilities. The property is completely occupied with the exception of the unit being renovated. Rents are $1,200 (4), $1,185 (1), $1,175 (1) and $1,095 (1). The current owner has not pushed rents, therefore an opportunity exists for immediate rental upside.

Last Listed By

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 09/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,996

Year Built

  • Built in 1920

Lot Details

  • 0.29

Parking

  • Off-Street Parking: 1

Home Design

  • 10,836 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 0.29 Acre Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-041402

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $35,377
  • Gross Income $115,809
  • Net Operating Income $80,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,996

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.29
  • Total Gross Income: 115809.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 115809.0
  • Annual Expenses: 35377.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 10836.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-041402
  • Lot Size Sq Ft: 12632.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 80432.0
  • Annual Operating Expense: 35377.0

Tax Info

  • Tax Annual Amount: 28996.0

Range of Values:

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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
12/02/2022 12/02/22 Sold $1,400,000 0.0% $129 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $1,400,000 0.0% $129 / Sq Ft
09/26/2022 09/26/22 Off Market $1,400,000 -- --
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown

    Seller's Agent in 2022

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    2 in this area

    20 Total Sales

    Matthew Brown
    Section Image

  • J

    Buyer's Agent in 2022

    Jenne Ross

    Rich Russo Realty & Co.

    (614) 969-8859

    1 in this area

    88 Total Sales

    Jenne Ross
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222036139

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43202 Old North Columbus

79 E Arcadia Ave, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 79 E Arcadia Ave, Columbus, OH 43202 since 28 September 2022. This property was built in 1920. 79 E Arcadia Ave is a home located in Franklin County with nearby schools including Clinton Elementary School, Dominion Middle School, and Whetstone High 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.

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Information is deemed reliable but not guaranteed.

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