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Property profile & analytics
OFF-MARKET
Small apartment buildings

486 Hanley St Columbus, OH 43203

Built 1957
Property ID
US66-5394355
Property summary
AI-generated overview

This four-unit apartment building, located at 486 Hanley Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1957, the property sits on a 4,356 square foot lot and boasts a desirable location between Ohio State University Hospital and a block from an Amazon in/out patient hub (half a mile away). The asking price is $425,000, translating to $205.91 per square foot. All four units are currently rented, providing immediate cash flow for the new owner. The property's strong rental history and convenient location near major medical facilities and amenities make it an attractive prospect for investors seeking a stable and profitable investment. The property's age suggests potential for future value appreciation through renovations or upgrades. This is a turnkey investment ready to generate income from day one. The property's address is 486 Hanley Street, Columbus, OH 43203. This is a rare opportunity to acquire a well-located, income-producing multifamily property in a thriving Columbus neighborhood.

Property profile
Verified
Property type Small apartment buildings
Year built 1957
UPID US66-5394355
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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