4090 Cleveland AvenueColumbus, OH 43224

4090 Cleveland AvenueColumbus, OH 43224

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$4,750,000 Pending
Multi Unit - Multiple MLS 222043169 Pending
0 beds Bathrooms 53,133 sqft
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Listed By

Agency Name: Thomas Fortin & Company LLC.
Agency Phone: 614-348-7876
Agent Name: Thomas J Fortin

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

MORSE CREEK COMMONS APARTMENTS70 - 2BRTH in North Columbus. All brick exteriors. Spacious interiors. High rental demand. High visibiity. Long time Owner/Manager getting ready to retire. There are long term tenant who are paying below market rentals. Average rent today is only $690. New residents will pay $795. Neighborhood average rent is $1095. This property does need cosmetic and other improvements but such remodeling will yield higher income. See Documents attached. . High demand spacious floor plans. Plenty of off street parking.. Lots of potential for smart operators. Please do not disturb residents. Contingent curb offerings only. Thank you. .

4090 Cleveland Avenue | MLS# 222043169

This multi-family property located at 4090 Cleveland Avenue, Columbus, OH 43224 is currently listed for sale with an asking price of $4,750,000. Cleveland Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 428
Heating: Forced Air
Lot Size: 3.69 Acres
Taxes: $48,724
Year Built: 1974

Feature Descriptions

Parcel #: 010-012830
Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 4090 Cleveland Avenue, Columbus, OH 43224
Fips
Fips Code 39049
Population
2020 to 2023 Change up 0.2%
2010 Count 1,163,414
2020 Count 1,323,807
2023 Estimate (V2023) 1,326,063
2020 Estimate (V2023) 1,323,810
Age Distribution (Years Old)
0 to 4 6.5%
5 to 17 22.9%
18 to 64 57.4%
65 and Older 13.2%
Gender
Male 49.2%
Female 50.8%
Place of Birth
Foreign 12.0%
US 88.0%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 41.7%
Computer and Internet use
Households with a computer 95.9%
Households with a broadband Internet subscription 92.1%
Language
English is Second Language, Age 5+ 14.9%
English is First Language, Age 5+ 85.1%
Veterans
Veterans 56,845
Income
Per Capita Income $41,148
Median Household Income $71,070
People in Poverty 15.1%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 542,366
Average Household Size 2.38
Owner-Occupied 53.5%
Multi-Family 36.6%
Owner-Occupied Median Value $243,100
Median selected monthly owner costs -with a mortgage $1,667
Median selected monthly owner costs -without a mortgage $685
Median gross rent $1,169
Building Permits
New Private Housing Issued 2023 7,303
Years at Residence
1 Year or More 82.6%
Less Than 1 Year 17.4%
Business and Employment
Private non-farm Establishments 30,187
Private non-farm Employment 642,630
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 117,491
Number of Firms 107,363
Business Production
Value of Shipments $13,796,060,000
Wholesale Trade $32,205,012,000
Retail Trade $25,665,382,000
Retail Sales Per Capita $17,887
Accommodation and Food Services $3,728,293,000
Land
Land Area 532.19 sq. miles
Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 28,621.03 per month $23,175.28 Principal & Interest $4,060.33 Property Tax $1,385.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
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