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All Brick Ranch Multi-Family Property

4714-4716 Arthur Court Columbus, OH 43220

4714-4716 Arthur Court, Columbus, OH, 43220
$445,000
For Sale
Claim this Listing
$445,000

Multi-family property in central Columbus with updated units.

Property Size1,982 SF
Price / SF$224.52
AddedMay 25
Days on Market53
Last RefreshJul 16 at 6:33 am

Property Features for 4714-4716 Arthur Court

General Information

Standard status
Active
Size
1,982 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1969

Listing office Keller Williams Consultants

Listing date May 25, 2026

Source Compass

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 Keller Williams Consultants


Investment Insights

Based on property information with market context.

This all-brick ranch multi-family property is located in a central Columbus neighborhood. Unit 4714 features 2 bedrooms and 2 full bathrooms, while unit 4716 includes 2 bedrooms and 1 1/2 baths. Both units have full basements equipped with washer and dryer hookups. A shared two-car garage is available for tenant use. Unit 4714 is currently vacant and available for showings. Unit 4716 is leased through May 31, 2027, at a rate of $1595, with tenants responsible for all utilities. Recent updates to unit 4714 include updated shower surrounds and new carpet. Unit 4716 has had several recent updates, including an electric panel replacement in 2019, a water heater replacement in September 2020, a range replacement in March 2021, a new furnace in January 2024, a new garbage disposal in March 2024, and a new tub surround in October 2024. Carbon fiber beams were installed on both sides of the property in 2019. The property size is 1982 square feet.

Key Highlights

  • Leased Unit (4716) provides immediate rental income at $1595/month through 5/31/27.
  • All‑brick multi‑family ranch in a desirable central Columbus location.
  • Each unit features 2 bedrooms and a full basement with washer/dryer hookups.

Local Financial Insights For Multifamily LT 5

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 $25.9k $13.08
− Vacancy −$1.8k −$0.92
EGI $24.1k $12.16
− OpEx −$7.2k −$3.65
NOI $16.9k $8.52
1,982 SF · lease $13.08/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$241.1K
$211.0K – $281.3K (±1% cap)
NOI $16,877 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$193.9K
$169.7K – $226.3K (±1% cap)
NOI $13,576 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$413.1K
$361.4K – $481.9K (±1% cap)
NOI $28,914 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Tech Support Center Catering Service Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Multi-family property in central Columbus with updated units.
Where is this duplex located?
The property is located at 4714-4716 Arthur Court Columbus, OH.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Leased Unit (4716) provides immediate rental income at $1595/month through 5/31/27.; All‑brick multi‑family ranch in a desirable central Columbus location.; Each unit features 2 bedrooms and a full basement with washer/dryer hookups.
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