486 Hanley St Columbus, OH 43203
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 486 Hanley St
- Year built
- 1957
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9618332
- Latitude
- 39.976903
