1871 N 4th Street, Columbus, OH 43201 (MLS# 222042300)

1871 N 4th Street, Columbus, OH 43201

$1,550,000

Property Type: Multi-Family Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $1,550,000 List Date: 2/10/2023 Last Modified: 2/26/2025

Description

This OSU off-campus student housing property offers 10 units/30 beds with an outstanding mix of two-, three- and four-bedroom flats. The two-story building was constructed in 1973 on two parcels, located on the corner of N. Fourth St. & E. 17th Avenue. In 2014 the property received many updates including new kitchens with stainless steel appliances, renovated bathrooms, new flooring throughout, new light fixtures and new hot water tanks and furnaces. Exterior improvements include new vinyl windows, new modern metal stairs, railings, wood decking and updated landscaping. Amenities include in-unit laundry, central A/C, plus 8 covered and 8 off-street parking spots. Tenants pay electric and gas directly and reimburse landlord for water.

Supplements: ********

More Information MLS# 222042300

Location & Property Info

List Price/SqFt: 157.98 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

Active on MLS: 2022-11-21 For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 10128 Use Code: 401 - APARTMENT:4-19 UNITS Number of Units: 10 Year Built: 1973 Acreage: 0.16

Tax Info

Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 010-055225-00 Tax Abatement: No Taxes (Yrly): 19623 Parcel #: 010-033345 Tax Year: 2021

Remarks & Misc

Property Description: This OSU off-campus student housing property offers 10 units/30 beds with an outstanding mix of two-, three- and four-bedroom flats. The two-story building was constructed in 1973 on two parcels, located on the corner of N. Fourth St. & E. 17th Avenue. In 2014 the property received many updates including new kitchens with stainless steel appliances, renovated bathrooms, new flooring throughout, new light fixtures and new hot water tanks and furnaces. Exterior improvements include new vinyl windows, new modern metal stairs, railings, wood decking and updated landscaping. Amenities include in-unit laundry, central A/C, plus 8 covered and 8 off-street parking spots. Tenants pay electric and gas directly and reimburse landlord for water.

Status Change Info

Sold Price/SqFt: 153.04 Under Contract Date: 2023-03-08 Sold Date: 2023-03-14 Sold Price: $1,550,000

Income/Expenses

Gross Income: 162440 Net Operating Income: 104288 Total Expenses: 58152

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 4

Construction

Frame: 1 Stucco: 1

3 Bedroom

3 Bedroom # of Units: 2

Heat Fuel

Gas: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Other

Other # of Units: 4

Miscellaneous

Carports: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Sewer: 1 Water: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

Air Conditioning

Central Air: 1

Owner Pays

Trash: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1600000 Sold Price: $1,550,000 Property Sub Type: Flat Street #: 1871 Street PreDirection: N Street Name: 4th Street Suffix: Street County: Franklin State: OH Zip Code: 43201 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2022-11-14

Property Features

Addl Acceptance Cond: None Known Owner Pays: Trash Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Frame; Stucco Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Carports; W/D Hookups MLS Primary PhotoSrc: Realtor Provided

Documents

Lead Based Paint Disclosure ›

Listing Office: Brown Multifamily Advisors,LLC

Listing Agent: Matthew R Brown

Last Updated: February - 26 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.