2294 Teakwood Drive, Columbus, OH 43229 (MLS# 224004695)

2294 Teakwood Drive, Columbus, OH 43229

$1,250,000

Property Type: Multi-Family Lot Size (sq. ft.): 42,689 Status: Active

Current Price: $1,250,000 List Date: 4/25/2026 Last Modified: 4/25/2026

Overview

Description

Teakwood Square Apartments 12- One Bedroom ranch style apartments @ 576sf 4- Studio Apartments @ 288 sf See pro forma in Documents attached. Floor plans attached in documents Range, Refrigerator, Hotel style HVAC. All electric. Tenants pay electric. Owner pays water. Built in book shelving. Carpet plus Vinyl flooring. Private patios. Plenty of off street parking. Ranch style. Private entries. Very efficient floor plan and site plan. High rental demand. Cardinal Industries Modular built in 1976. No Seller Financing. Curb offering only. Please do not disturb residents. Thanks!

Listing Details MLS# 224004695

Location Property Info

Original List Price: 1275000
Property Sub Type: Flat
Street #: 2294
Street Name: Teakwood
Street Suffix: Drive
County: Franklin
State: OH
Zip Code: 43229
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2024-02-20

General Property Info

Number of Units: 16
Building Sqft: 7750
Year Built: 1978
Built Prior to 1978: Yes
Acreage: 0.98

Tax Info

Parcel #: 010-158237
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 10017

Efficiency

Efficiency # of Units: 4
Efficiency Month Rent Per Unit: 605

1 Bedroom

1 Bedroom # of Units: 12
1 Bedroom Month Rent Per Unit: 755

More Information

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 161.29
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: Teakwood Square Apartments 12- One Bedroom ranch style apartments @ 576sf 4- Studio Apartments @ 288 sf See pro forma in Documents attached. Floor plans attached in documents Range, Refrigerator, Hotel style HVAC. All electric. Tenants pay electric. Owner pays water. Built in book shelving. Carpet plus Vinyl flooring. Private patios. Plenty of off street parking. Ranch style. Private entries. Very efficient floor plan and site plan. High rental demand. Cardinal Industries Modular built in 1976. No Seller Financing. Curb offering only. Please do not disturb residents. Thanks!

Income/Expenses

Gross Income: 130872
Net Operating Income: 85111
Total Expenses: 45761

Addl Acceptance Cond

None Known: Yes

Construction

Frame: Yes

Heat Fuel

Electric: Yes

Sewer

Public Sewer: Yes

Services Available

Electricity Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Tenant Pays

Electricity: Yes

Alternate Uses

Residential: Yes

Heating

Radiant: Yes

New Financing

Conventional: Yes

Air Conditioning

Other: Yes

Owner Pays

Sewer: Yes
Water: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Water Tenant Pays: Electricity Heat Fuel: Electric Heating: Radiant Air Conditioning: Other Construction: Frame Sewer: Public Sewer Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available Alternate Uses: Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Thomas Fortin & Company LLC.

Listing Agent: Thomas J Fortin

Last Updated: April - 25 - 2026

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