Westerville, OH Residential Income Properties for Sale

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Columbus, OH Lewis Center, OH New Albany, OH Galena, OH Worthington, OH Delaware, OH Johnstown, OH Sunbury, OH

Updated: Jul 2, 2025

Updated Townhouse Overlooking Fairway

4883 Powderhorn Lane #3, Westerville, OH 43081

$197,000

2,020 sqft

Backs to the 17th fairway and private wooded green space with no rear neighbors.
Updated kitchen boasts granite countertops, subway tile backsplash, stainless steel appliances, and newer cabinetry.
Enjoy over 2000 SF of living space including a full finished lower level.
Community amenities include a heated pool and parks.
Updated with barn wood LVP flooring on the entire 1st floor and newer tile in all 3 full bathrooms.

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This listing looks promising.

Here's a quick look at some key insights for

4883 Powderhorn Lane #3, Westerville, OH 43081

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$230K
Above asking
Property Type

Condominium
Built 1974

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Updated: Jun 11

Duplex With Attached Garages

530 Radcliff Drive, Westerville, OH 43082

$599,900

0.29 AC lot

Two‑bedroom, two‑bath layout on each side
Built in 2004 on 0.29 acres
Attached 2‑car garages and concrete driveways
Full basements, large laundry rooms, and walk‑in closets
Covered front porches, decks, and private rear yard space

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Corner Commercial Redevelopment Site

860 S Sunbury Rd, Westerville, OH 43081

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0.51 AC lot

0.51+/- acre corner property with two curb cuts on Central College Rd and existing church, house, and duplex on site.

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Uptown Westerville Quad-Plex Opportunity

89 E College Avenue #87, Westerville, OH 43081

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0.33 AC lot

Well-maintained quad-plex in Westerville's Historic District with income potential.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 4 Active listings in Westerville, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ranch Duplex with Updated Roof

5845-5847 Forest Hills Boulevard, Columbus, OH 43231

$350,000

0.21 AC lot

Two-unit property with central air, public utilities, and long-term month-to-month occupancy.

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Two-Unit Duplex with Off-Street Parking

2643 Blossom Avenue, Columbus, OH 43231

$399,900

0.23 AC lot

North Columbus duplex with separate living spaces, central air, forced-air heat, and access to public utilities.

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Ranch Duplex with Basement Space

5845-5847 Forest Hills Boulevard, Columbus, OH 43231

$350,000

Two residential units feature separate layouts, updated components, and month-to-month tenancy.

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Four-Unit Townhouse in Columbus, OH

2659-2665 Christine Boulevard, Columbus, OH 43231

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Four-unit townhouse with Westerville Schools and Columbus taxes.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Westerville, OH

348 Myrtle Drive lot: 10, Westerville, OH 43081

$220,000

0.30 AC lot

Residential lot near Uptown Westerville, build your dream home.

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Residential Lot in Westerville, OH

344 Myrtle Drive lot: 9, Westerville, OH 43081

$215,000

0.23 AC lot

Residential lot near Uptown Westerville, build your dream home.

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Residential Lot in Westerville, OH

342 Myrtle Drive lot: 8, Westerville, OH 43081

$220,000

0.23 AC lot

Residential lot near Uptown Westerville, build your dream home.

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Residential Lot in Westerville, OH

334 Myrtle Drive lot: 7, Westerville, OH 43081

$225,000

0.23 AC lot

Residential lot near Uptown Westerville, build your dream home!

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Off-Market Properties in Westerville, OH

Consider similar Off-Market properties in Westerville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MOBILE HOME PARK, TRAILER PARK

Fancher Rd, Westerville, OH 43082

$220,000

Estimated value

1.33 AC lot

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CAMPGROUND, RV PARK

Miller Paul Rd, Westerville, OH 43082

$200,000

Estimated value

3.74 AC lot

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Land

5955 Harlem Rd, Westerville, OH 43082

Value Estimation by Request

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Multifamily properties

1230 Central College Rd, Westerville, OH 43081

Value Estimation by Request

2,705 sqft 0.52 AC lot

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Land

0 Cooper Rd, Westerville, OH 43081

Value Estimation by Request

7.50 AC lot

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Multifamily properties

60 Park St, Westerville, OH 43081

Value Estimation by Request

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Land

0 State St, Westerville, OH 43082

Value Estimation by Request

0.41 AC lot

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Multifamily properties

1220 Central College Rd, Westerville, OH 43081

Value Estimation by Request

1,152 sqft

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Westerville, OH Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Westerville, OH, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,020 square feet of properties for sale, with an estimated market value of $796,900.

Sale prices for residential income properties in Westerville, OH start at $197,000, averaging $398,450, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 98K

Population Growth (5Y) +2.5%

Median Household Income $109,921

College Educated 56.6%

High-Yield Neighborhoods for Investment

Identify Westerville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
43081	$498K
43082	$599.9K

Taxes & Financing

Tax Rate (average for all types) 6.82%

Property Tax per SF $97.61 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Westerville fall within the 100,000+ square foot range.

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