Back to Search

Updated Townhouse Overlooking Fairway

4883 Powderhorn Lane #3, Westerville, OH 43081

View on Map

For Sale

$197,000

Updated 3-bedroom townhouse with deck overlooking the 17th fairway.

Type:Condominium

Property size:

2,020 SF

Price / SF:

$97/SF

Listing Contact

Michael Bean

Real Estate License ID: 348660

HighLights

Backs to the 17th fairway and private wooded green space with no rear neighbors.
Updated kitchen boasts granite countertops, subway tile backsplash, stainless steel appliances, and newer cabinetry.
Enjoy over 2000 SF of living space including a full finished lower level.
Community amenities include a heated pool and parks.
Updated with barn wood LVP flooring on the entire 1st floor and newer tile in all 3 full bathrooms.
New furnace (6/2024), roofs, siding, and trim work throughout the community.

For Sale

$197,000

Updated 3-bedroom townhouse with deck overlooking the 17th fairway.

Type:Condominium

Property size:

2,020 SF

Price / SF:

$97/SF

Added:: Jul 2, 2025
Days on Market:: 345
Last Refresh:: May 19 at 8:59 pm

Property Features for 4883 Powderhorn Lane #3

General Information

Standard status: Active
Size: 2,020 SF
Property subtype: Condominium

Building Details

Year Built: 1974

We can help!

Listing Contact

Michael Bean

Listing agent Michael Bean License #348660

Listing office Windermere RE Lane County

Listing date Jul 2, 2025

Source Kw

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 Windermere RE Lane County

HighLights

Backs to the 17th fairway and private wooded green space with no rear neighbors.
Updated kitchen boasts granite countertops, subway tile backsplash, stainless steel appliances, and newer cabinetry.
Enjoy over 2000 SF of living space including a full finished lower level.
Community amenities include a heated pool and parks.
Updated with barn wood LVP flooring on the entire 1st floor and newer tile in all 3 full bathrooms.
New furnace (6/2024), roofs, siding, and trim work throughout the community.

Overview

This updated townhouse offers immediate possession and features 3 bedrooms. The property includes a multi-tier deck with privacy walls, overlooking the 17th fairway and private wooded green space with no rear neighbors. The interior features barn wood LVP flooring on the entire first floor. The kitchen is equipped with granite countertops, subway tile backsplash, stainless steel appliances, and newer cabinetry. All three full bathrooms have newer tile flooring and shower surrounds. Floor-to-ceiling glass doors and windows enhance the natural light. The vaulted owner's suite includes a private bath with a vanity area. The property provides over 2000 square feet of living space, including a full finished lower level. Community amenities include a heated pool and parks. The property is located near Blendon Woods State Park. New roofs, siding, and trim work have been completed throughout the community. A new furnace is scheduled for installation in June 2024.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$33.9k	$16.80
− Vacancy	−$4.6k	−$2.30
EGI	$29.3k	$14.50
− OpEx	−$13.2k	−$6.52
NOI	$16.1k	$7.97

2,020 SF · lease $16.80/SF/yr · vacancy 13.70% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$230.1K

$201.4K – $268.5K (±1% cap)

NOI $16,108 @ 7.0% cap · market cap 8.18%

Second Best

—

no second resolved use

Theoretical Best

Warehouse

$407.1K

$356.2K – $475.0K (±1% cap)

NOI $28,499 @ 7.0% cap · market cap 14.47%

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

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Westerville
County: Delaware
State: Ohio
Longitude: -82.8852
Latitude: 40.0859

Nearby Similar for Sale

$2,700,000

16,800 SF

Westerville Office and Warehouse Space

Office and warehouse spaces available for lease in Westerville, OH.

8692-8724 Olde Worthington, Westerville, OH

View Details
$2,473,000

9,644 SF

Westerville Office Building For Sale

Two-story office building with studio room in Westerville, Ohio.

116 County Line Road West, Westerville, OH, 43082

View Details
Contact for pricing
109,755 SF

Westerville Office and Flex Asset

Three-story office and flex asset in Westerville, Ohio.

579 Executive Campus Drive, Westerville, OH 43082

View Details
Contact for pricing
109,755 SF

Westerville Office and Flex Asset

Three-story office and flex asset in Westerville, Ohio.

579 Executive Campus Drive, Westerville, OH 43082

View Details
$699,900

2,693 SF

Westerville Office/Retail Opportunity

Prime location with high visibility and accessibility in Westerville.

17 W Schrock Road, Westerville, OH 43081

View Details
$3,400,000

5,891 SF

Freestanding Bob Evans Investment Property

Freestanding Bob Evans in Westerville, OH with long-term lease.

23 Huber Village Blvd, Westerville, OH 43081

View Details
$390,000

2,042 SF

Westerville Medical Office Condo

Medical office condo with exam rooms and ample parking.

660 Cooper Road, Westerville, OH, 43081

View Details
$16

13,122 SF

Eastwind Professional Building Office Suites

Single-story office building with suites available in Westerville, Ohio.

863-885 Eastwind Drive, Westerville, OH 43081

View Details
$18

9,600 SF

Westerville Office Building Near Hospital

9,600 SF office building with suite available near St. Ann's.

137-151 W Schrock Rd, Westerville, OH 43081

View Details
$825,000

Uptown Westerville Quad-Plex Opportunity

Well-maintained quad-plex in Westerville's Historic District with income potential.

89 E College Avenue #87, Westerville, OH 43081

View Details
$2,700,000

Westerville Office Building For Sale

Office building for sale in Westerville, Ohio.

8724 Olde Worthington Rd, Westerville, OH 43082

View Details
$13

110,919 SF

Class A Office Building

Class A office building in Westerville/Polaris sub-market.

579 Executive Campus Drive, Westerville, OH 43082

View Details

For sale
Apartment buildings
OH
Westerville
43081
4883 Powderhorn Lane #3

What type of property is this?

Apartment building - Updated 3-bedroom townhouse with deck overlooking the 17th fairway.

Where is this apartment building located?

The property is located at 4883 Powderhorn Lane #3 Westerville, OH.

What is the asking price?

The asking price for this property is $197,000.

What are key features of this property?

This property features: Backs to the 17th fairway and private wooded green space with no rear neighbors.; Updated kitchen boasts granite countertops, subway tile backsplash, stainless steel appliances, and newer cabinetry.; Enjoy over 2000 SF of living space including a full finished lower level.