4637 Hilton Avenue Columbus, OH $ 1,850,000
4637 Hilton Avenue
$ 1,850,000
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4637 Hilton Avenue

Columbus, OH, 43228
$ 1,850,000
Bedrooms26 Baths0.0

Monthly Estimate*

$ 11,542

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Multi-Family Home for sale in Columbus, OH

for $1,850,000 with 26 bedrooms. This home was built in 1969 on a lot size of 0.42.

Discover an exceptional investment opportunity with this impeccably maintained U-shaped all-brick building, thoughtfully designed and ideally situated on the west side, close to popular restaurants, shopping, and convenient freeway access. The property features 11 well-appointed units, including four 3-bedroom, 1.5-bath units and seven 2-bedroom, 1.5-bath units, offering a highly desirable mix for strong tenant appeal. An outstanding feature of this offering is the triple-net master lease with 2.5 years remaining, providing consistent and predictable revenue. The property is professionally managed by the tenant, minimizing owner involvement. The owner pays insurance and taxes upfront, with full reimbursement received over 12 months through the rent payments—an investor-friendly structure that simplifies operations and protects cash flow. Each residence comes fully furnished by the master lessee, creating a turnkey experience and added value for residents. All units include central air, off-street parking, and private basements, which house washers and dryers owned by the master lessee—a rare and attractive amenity package in the multifamily market. Major improvements have already been addressed, including a new roof installed in 2021, ensuring long-term performance and reduced future maintenance costs. With its strong income profile, minimal hands-on management, and prime west side location, this property represents a standout, worry-free addition to any investment portfolio.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

26

Property Type

Multi-Family

Taxes

$ 12,750

Style

Lot Size

0.42

Year Built

1969

Town/City

Columbus

County/Region

Franklin

MLS | Web ID

225043111

Features
General
Sewer Public Sewer
Year Built 1969
Township Prairie
Property Subtype Midrise
Tax Year 2024
Gross Income 0.0
County Franklin
Net Operating Income 0.0
Operating Expense 0.0
Property Type Multi-Family
Status Active
City Columbus
High School District SOUTH WESTERN CSD 2511 FRA CO.
Number Of Units Total 11
Lot Size Square Feet 18295.2
Land Lease Y/N N
Tax Annual Amount 12750.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Parking Features Common
Water Source Public
Lot Size Area 0.42
Spa N
Lot Size Acres 0.42
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 4637
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* Excluded Features
List By
Richard Russo

Listing Agent

Rich Russo Realty & Co.

Broker

richrusso@richrussorealty.com

Email

Affordability Calculator

$12,604
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,542
Monthly Property Taxes
$1,063
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
1421528 Elementary School
1421462 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$1,850,000 Listed Price

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4637 Hilton Avenue, Columbus, OH, 43228 is a Multi-Family Home for sale at $1,850,000 with a lot size of 0.42. 4637 Hilton Avenue has 26 bedrooms, 0.0 baths, and was built in 1969. The property's zip code is 43228 which is in Columbus, OH