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4090 Cleveland Avenue Columbus, OH $ 4,750,000
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$ 4,750,000 Get more info
4090 Cleveland Avenue
$ 4,750,000
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Share Save

4090 Cleveland Avenue

Columbus, OH, 43224
$ 4,750,000
Bedrooms140 Baths0.0

Monthly Estimate*

$ 29,634

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Multi-Family Home for sale in Columbus, OH

for $4,750,000 with 140 bedrooms. This home was built in 1974 on a lot size of 3.69.

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. .

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Multi-Family Pending

Price

$ 4,750,000

Bedrooms

140

Property Type

Multi-Family

Taxes

$ 48,724

Style

Lot Size

3.69

Year Built

1974

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

222043169
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Water Available Sewer Available Electricity Available Storm Sewer
Year Built 1974
Township None
Property Subtype Townhouse
Tax Year 2021
Gross Income 579600.0
County Franklin
Net Operating Income 324405.0
Operating Expense 255195.0
Property Type Multi-Family
Status Pending
City Columbus
High School District COLUMBUS CSD 2503 FRA CO.
Number Of Units Total 70
Lot Size Square Feet 160736.4
Land Lease Y/N N
Tax Annual Amount 48724.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Senior Community None
New Construction None
New Financing Coventional True
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Exterior
Lot Size Area 3.69
Spa N
Lot Size Acres 3.69
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Total Baths 0
Heating-Forced Air True
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Internal Only
Street Number 1 4090
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* Excluded Features
List By
Thomas J Fortin

Listing Agent

Thomas Fortin & Company Llc.

Broker

TFortin200@aol.com

Email

Affordability Calculator

$33,694
Per Month
88%
12%
0%
Monthly Principal & Interest
$29,634
Monthly Property Taxes
$4,060
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1421409 Elementary School
1421044 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/2/2025$4,750,000 -10.38% Price Down
1/23/2023$5,300,000 -1.85% Price Down
1/3/2023$5,400,000 -3.57% Price Down
11/30/2022$5,600,000 Listed Price

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4090 Cleveland Avenue, Columbus, OH, 43224 is a Multi-Family Home for sale at $4,750,000 with a lot size of 3.69. 4090 Cleveland Avenue has 140 bedrooms, 0.0 baths, and was built in 1974. The property's zip code is 43224 which is in Columbus, OH

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