NOT LISTED FOR SALE

79 E Arcadia Ave Columbus, OH 43202

Old North Columbus Neighborhood
8 Beds
-- Baths
10,836 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: December 2, 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 Agent to Sell the Property

Matthew Brown

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

Last Buyer's Agent

Jenne Ross

Rich Russo Realty & Co. License #2017001963

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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
  • 12,632 Sq Ft 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

0.29 Acres

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
  • Standard Status: Closed
  • Location Property Info List PriceSqFt: 129.2
  • Remarks Misc Hot Sheet Comments: new
  • 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
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Old North Columbus, OH

  • Jeff Ramm Real Estate Agent - Coldwell Banker Realty

    Jeff Ramm

    Coldwell Banker Realty

    (380) 201-9467

    272 Total Sales

    1 in Old North Columbus

    $329,900 Price

    Jeff Ramm
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  • Carol Koutsourais Real Estate Agent - CENTURY 21 Lakeside Realty

    Carol Koutsourais

    CENTURY 21 Lakeside Realty

    (234) 230-6657

    31 Total Sales

    2 in Old North Columbus

    $234,000 Price Range

    Carol Koutsourais
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  • Craig Howells Real Estate Agent - RE/MAX Town Center

    Craig Howells

    RE/MAX Town Center

    (833) 662-3722

    23 Total Sales

    2 in Old North Columbus

    $275K - $625K Price Range

    Craig Howells
     Section Image
  • Erik Hiss Real Estate Agent - Keller Williams Capital Ptnrs

    Erik Hiss

    Keller Williams Capital Ptnrs

    (380) 777-5758

    229 Total Sales

    6 in Old North Columbus

    $225K - $440K Price Range

    Erik Hiss
     Section Image
  • Michael Jones Real Estate Agent - Coldwell Banker Realty

    Michael Jones

    Coldwell Banker Realty

    (380) 210-3322

    99 Total Sales

    2 in Old North Columbus

    $270K - $435K Price Range

    Michael Jones
     Section Image
  • Bruce Dooley Real Estate Agent - KW Classic Properties Realty

    Bruce Dooley

    KW Classic Properties Realty

    (614) 660-5676

    118 Total Sales

    1 in Old North Columbus

    $596,000 Price

    Bruce Dooley
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

Agents Affiliated with this Home

  • Matthew Brown Real Estate Agent - Brown Multifamily Advisors,LLC

    Seller's Agent in 2022

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    2 in this area

    15 Total Sales

    Matthew Brown
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  • JR

    Buyer's Agent in 2022

    Jenne Ross

    Rich Russo Realty & Co.

    (614) 969-8859

    2 in this area

    93 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

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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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