Westerville, OH Multifamily Properties for Sale

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Updated: Jul 2, 2025

Updated Townhouse Overlooking Fairway

4883 Powderhorn Lane #3, Westerville, OH 43081

$197,000

2,020 sqft

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.

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This listing looks promising.

Here's a quick look at some key insights for

4883 Powderhorn Lane #3, Westerville, OH 43081

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$230K
Above asking
Property Type

Condominium
Built 1974

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Updated: Jun 11

Brick Duplex with Attached Garages

530 Radcliff Drive, Westerville, OH 43082

$599,900

0.29 AC lot

Westerville duplex built in 2004 with forced air heat and central air
2 bedrooms and 2 baths per side with a floor plan that lives like separate homes
Hardwood floors and ceramic tile throughout, plus eat‑in kitchens
Full basements with large laundry rooms and attached 2‑car garages
Primary baths feature double vanities; walk‑in closets in both sides

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Two-Unit Duplex with Garages

530 Radcliff Drive, Westerville, OH 43082

$599,900

2,658 sqft

Brick and stucco duplex with 2 beds and 2 baths per side, full basements, and attached 2-car garages.

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Duplex Investment Property

699 Hillsdowne Road A-D Westerville OH 43081, Westerville, OH 43081

$799,000

For sale duplex and residential income property at 699 Hillsdowne Road with units labeled A-D.

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Uptown Westerville Quad-Plex Opportunity

89 E College Avenue #87, Westerville, OH 43081

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0.33 AC lot

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

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 Active listings in Westerville, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

North Columbus Duplex Property

2643 Blossom Avenue, Columbus, OH 43231

$399,900

0.23 AC lot

Duplex with two separate units and off-street parking in North Columbus near major highways and everyday amenities.

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Duplex Residential Income Property

2120-2122 Jewett Drive Columbus OH 43229, Columbus, OH 43229

$399,900

This duplex is offered for sale as a residential income property in Columbus, OH.

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Four-Unit Townhouse in Columbus, OH

2659-2665 Christine Boulevard, Columbus, OH 43231

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Four-unit townhouse with Westerville Schools and Columbus taxes.

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Three-Unit Residential Income Property

2365 Hampstead Drive #2365-2367, Columbus, OH 43229

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Triplex with two-bedroom, 1.5-bath units, each featuring a fenced backyard.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

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0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Versatile Charleston Property For Sale

100 Sand Hill Mobile, Charleston, WV 25312

$1,500,000

9.59 AC lot

9.59 acre property with multiple residential options and development potential.

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Eastlake Marina District Land

35783 Lake Shore Boulevard, Eastlake, OH 44095

$765,000

5.66 AC lot

5.66 acres in Eastlake's Marina District, primed for development.

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Off-Market Properties in Westerville, OH

Consider similar Off-Market properties in Westerville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

Fancher Rd, Westerville, OH 43082

Value Estimation by Request

1.33 AC lot

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CAMPGROUND, RV PARK

Miller Paul Rd, Westerville, OH 43082

Value Estimation by Request

3.74 AC lot

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Multifamily properties

1230 Central College Rd, Westerville, OH 43081

Value Estimation by Request

2,705 sqft 0.52 AC lot

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Multifamily properties

60 Park St, Westerville, OH 43081

Value Estimation by Request

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Multifamily properties

1220 Central College Rd, Westerville, OH 43081

Value Estimation by Request

1,152 sqft

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Westerville, OH Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Westerville, OH, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,678 square feet of properties for sale, with an estimated market value of $2,195,800.

Sale prices for multifamily properties in Westerville, OH start at $197,000, averaging $548,950, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 98K

Population Growth (5Y) +2.5%

Median Household Income $109,921

College Educated 56.6%

High-Yield Neighborhoods for Investment

Identify Westerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43081	$511K
43082	$599.9K

Taxes & Financing

Tax Rate (average for all types) 6.82%

Property Tax per SF $97.61 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Westerville fall within the 100,000+ square foot range.

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Westerville, OH Multifamily Properties for Sale

4883 Powderhorn Lane #3, Westerville, OH 43081

530 Radcliff Drive, Westerville, OH 43082

530 Radcliff Drive, Westerville, OH 43082

699 Hillsdowne Road A-D Westerville OH 43081, Westerville, OH 43081

89 E College Avenue #87, Westerville, OH 43081