Fully Furnished Short-Term Rental
1672 Westwood Avenue Columbus, OH 43212
1672 Westwood Avenue, Columbus, OH, 43212
$849,000
For Sale
$849,000
Turn-key furnished property operating as a highly rated Airbnb, featuring a walkup basement to a fenced yard and laundry in lower level.
Property Size4,830 SF
Price / SF$175.78
Days on Market8
Property Features for 1672 Westwood Avenue
General Information
- Standard status
- Active
- Size
- 4,830 SF
- Property subtype
- Multi-Family / Midrise
Building Details
- Year Built
- 1938
Listing agency
RE/MAX Premier Choice
(614) 284-2085
Listed by
Lois J Miller · License #2002011065
(614) 284-2085
Source
Compass
Added: Jul 15 Updated: Jul 21 at 7:03AM Checked: Jul 21 at 7:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier Choice
Investment Insights
Based on property information with market context.
This fully furnished, turn-key short-term rental home is presented as an operating, highly rated Airbnb. The sale includes linens, kitchenware, drapes, and furniture, along with in-home laundry in the lower level. A full, enormous walkup basement provides direct access to a rear fenced yard. The property also includes a rear carport that parks 4, plus “tons of” street parking. Recent improvements noted by the seller include a 2021 renovation, new A/C, and new windows.
A new concrete patio in the rear adds an outdoor gathering space, with a hot tub, twinkle lights, and wicker furniture.
The seller states the property currently brings in about $90,000 per year. The sellers are licensed Realtors in the State of Ohio.
A new concrete patio in the rear adds an outdoor gathering space, with a hot tub, twinkle lights, and wicker furniture.
The seller states the property currently brings in about $90,000 per year. The sellers are licensed Realtors in the State of Ohio.
Key Highlights
- Operating furnished Airbnb property with included linens, kitchenware, drapes, and furniture
- Central air cooling and forced‑air gas heating
- Full, enormous walkup basement with access to a rear fenced yard
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.3k | $13.32 |
| − Vacancy | −$4.2k | −$0.87 |
| EGI | $60.2k | $12.45 |
| − OpEx | −$27.1k | −$5.60 |
| NOI | $33.1k | $6.85 |
4,830 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$472.6K
$413.6K – $551.4K
NOI $33,085 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$880.8K – $1.17M
NOI $70,462 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Turn-key furnished property operating as a highly rated Airbnb, featuring a walkup basement to a fenced yard and laundry in lower level.
Where is this short term rental property located?
The property is located at 1672 Westwood Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Operating furnished Airbnb property with included linens, kitchenware, drapes, and furniture; Central air cooling and forced‑air gas heating; Full, enormous walkup basement with access to a rear fenced yard
