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Property profile & analytics
OFF-MARKET
Residential income homes

2087-2093 4Th St Columbus, OH 43201

Built 1905
Property ID
Property summary
AI-generated overview

This exceptional four-unit townhouse investment property, located at 2087-2093 N 4th Street in Columbus, Ohio, presents a compelling opportunity. Built in 1905 and situated on a 5,662.8 square foot lot, this property boasts a desirable location near Ohio State University's campus and the vibrant Old North neighborhood. Each of the four units features three spacious bedrooms, with one bedroom located in the attic and including a walk-in closet. All units include updated kitchens, hardwood floors, and basements offering valuable storage space. A significant advantage is the inclusion of a washer/dryer in each unit. Currently operating at 100% occupancy, this property demonstrates strong rental income potential. Two units have recently renewed leases, and two additional units are pre-leased for August with increased rental rates. The asking price is $784,900, translating to $95.82 per square foot. This property is offered for sale as-is, with curb offers only. The property may be purchased in conjunction with 1510-1512 Summit St (separate transaction). This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a prime Columbus location.

Property profile
Verified
Property type Residential income homes
Year built 1905
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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