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Property profile & analytics
OFF-MARKET
Apartment buildings

3731-3733 Heatherglen Dr Columbus, OH 43221

Built 1987
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-unit apartment building ideally situated in Columbus, Ohio, within the desirable Hilliard School District. Located at 3731-3733 Heatherglen Drive, this property boasts a prime location just minutes from Dexter Falls Park. Built in 1987, the property sits on a 3,920.4 square foot lot and offers two units, each featuring three bedrooms and two and a half bathrooms. Both units include spacious eat-in kitchens and a one-car garage. Adding to the appeal, the backyard is fully fenced. Currently, one unit is tenant-occupied with a lease expiring in November 2024, commanding a monthly rent of $1395. The tenant is responsible for all utilities. The second unit is currently vacant, presenting immediate potential for rental income. The asking price is $450,000, translating to a price per square foot of $334.57. This property represents a strong investment opportunity in a sought-after location with excellent rental potential. The property is in the 43221 zip code.

Property profile
Verified
Property type Apartment buildings
Year built 1987
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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