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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Residential income homes
2061-2063 4th St Columbus, OH 43201
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-0755037
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1920
Total area
3,436 SF
Lot
0.13 ac (5,576 SF)
APN
010-002982
UPID
US66-0755037
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
AI Approach
AI
$655k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$665k
Owner & transaction history
Lianbin Guo · 2 yrs held
Lianbin Guo
since 2023
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$555,000
+15.2%
Auto repair, garage
$545,000
+12.9%
Office building
$490,000
+1.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Columbus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Columbus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$680,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$480,000
Current use
COMMERCIAL (GENERAL)
$555,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$545,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$490,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$465,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$665k
Range $658k – $671k · vs last sale $660k (Oct 26 2023)
Last sale anchor
$660k
Oct 26 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$194 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,264
Tax year 2023
Assessed value
$226,800
Assessed 2023
Previous assessed
$170,840
+32.8% YoY
Effective rate
4.53%
On assessed value
Assessed land
$37,240
Assessed improvement
$189,560
Land market value
$106,400
Improvement market value
$541,600
Total market value
$648,000
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1920
Heating
YES
Cooling
CENTRAL
Buildings
1
Stories
2
Units
2
Rooms
16
Bathrooms
4
Total area
3,436 SF
Lot
0.13 ac (5,576 SF)
APN
010-002982
UPID
US66-0755037
Jurisdiction
FRANKLIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$480,000
COMMERCIAL (GENERAL)
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING
Est. value
$490,000
MEDICAL BUILDING
Est. value
$465,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
YES
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
16
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Lianbin Guo
Individual
Mailing address
2061 N 4TH ST, COLUMBUS, OH 43201-1731
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2023
$660,000
Lianbin Guo
Jia Jia Zhang
Warranty Deed
—
Jun 20, 2023
—
Jia Jia Zhang
—
Deed
related
$121,736 · Freedom Mortgage Corp
Mar 11, 2019
—
Jia J Zhang
—
Deed
related
$523,303 · Clearpath Lndg
Jun 5, 2018
$500,000
Nfm Lndg
2061-2063 N Fourth Street LLC
Warranty Deed
—
Jun 5, 2018
—
Jia J Zhang
—
Deed
related
$510,750 · Nfm Lndg
Dec 27, 2017
—
2061-2063 N Fourth Street LLC
Korting,william F JR
Warranty Deed
$240,000 · Perpetual Fsb
—
—
Jia J Zhang
—
Deed Of Trust
related
$523,303 · Clearpath Lndg
—
—
William F Korting
—
Deed Of Trust
related
$82,936 · Cit Group Consumer Finance INC
—
—
William F Korting JR.
—
Deed Of Trust
related
$119,300 · Everbank
—
—
William F Korting
—
Deed Of Trust
related
$143,000 · United Midwest Savings Bank
—
—
Jia J Zhang
—
Deed Of Trust
related
$510,750 · Nfm Lndg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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