2054 4Th StColumbus, OH 43201

For Sale
$1,050,000

Prime Location, Excellent Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
92
This stately brick apartment building, located at 2054 N 4th Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1910 and situated on a 6,534 square foot lot, this property boasts seven units, offering a mix of five two-bedroom/one-bathroom units and two three-bedroom/one-bathroom units. Each unit includes a full basement, laundry facilities, and gas heat. The building benefits from recent upgrades, including a new roof installed in 2011, double-pane vinyl replacement windows, and glass block basement windows. The property's prime location offers convenient access to Ohio State University, the Short North Arts District, and downtown Columbus, with easy access to major roadways. On-street parking is available on the adjacent side street. The building enjoys a history of long-term tenants, contributing to its strong financial performance. Current annualized rental income is $93,275, based on 2023 data. The asking price is $1,050,000, representing a price per square foot of $108.23. This well-maintained multifamily property offers a solid return on investment and significant potential for future growth. Financial details from the 2023 tax return are available upon request.

Highlights

  • Stately brick apartment building at 2054 N 4th Street, Columbus, OH.
  • Seven units: five 2BR/1BA, two 3BR/1BA; each with full basement, laundry, and gas heat.
  • 6,534 sq ft lot; built in 1910; recent upgrades include new roof (2011), double-pane windows, and glass block basement windows.
  • Prime location near Ohio State University, Short North, and downtown Columbus; on-street parking.
  • $93,275 annualized rental income (2023); $1,050,000 asking price ($108.23/sq ft).

Property Details for 2054 4Th St

Property type
Multifamily properties, Apartment buildings
Year Built
1910
Units
7

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.0053486
Longitude
-82.9979478
2054 4Th St, Columbus, Ohio

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2054 4Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message