Active

4090 Cleveland Avenue

Columbus OH, 43224

$5,400,000


Active

Townhomes

Built in 1974

Courtesy of Thomas J Fortin - Thomas Fortin & Company LLC.

MORSE CREEK COMMONS APARTMENTS
70 - 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. .

222043169

MLS ID

January 7, 2025

Listed

February 19, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

3.69 Acres


Sewer

Public Sewer

School Information

School District

COLUMBUS CSD 2503 FRA CO.

Other Property Details

Taxes

$48,724


Tax Frequency

Annually


Days on Market

579


Garage

No


View

No


County

Franklin


Municipality

None


Pool

No


Utilities

Storm Sewer, Electric, Sanitary Sewer, Water

Listing History

Date

Event

Price

1/7/2025

Active

11/13/2024

Pending

7/26/2024

Price change

$5,400,000

-2%

6/22/2024

Active

3/21/2024

Pending

12/31/2023

Active

12/18/2023

Pending

4/21/2023

Active

 

Courtesy of Thomas J Fortin - Thomas Fortin & Company LLC. 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Engel & Völkers Winter Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2025 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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