1759 Lonsdale Road, Columbus, OH 43232

$540,000
Property Type: Multi-Family Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $540,000 List Date: 9/17/2025 Last Modified: 11/19/2025

Description

1759 Lonsdale Rd isn't just another multifamily — it's a clean, dialed-in cash-flow machine in Columbus that gives investors exactly what they want: full occupancy, modern updates, and reliable rental income from day one. Each of the four townhome-style units offers 2 bedrooms, 1 bath, and a full dry basement, giving tenants valuable storage and flex space — a major advantage in this submarket. The building sits on a generous lot with dedicated parking and has been refreshed where it counts: new LVP flooring, fresh paint throughout, updated cabinetry, and all-new appliances. Financial Highlights: • $1,200/month rent per unit — strong, consistent income • 100% occupied with several leases expiring soon, offering options: renew at market, reposition, or increase performance strategically • Low-maintenance asset with recent upgrades minimizing cap-ex surprises The location is tenant-friendly and investor-smart — close to major commuter routes, employment centers, and everyday essentials, making retention easy and turnover minimal. This property checks every box: stability, upside, and simplicity. If you're looking for an asset that lets you step in, take over, and immediately collect, 1759 Lonsdale Rd delivers exactly that.

Supplements: ********

More Information MLS# 225035198

Location & Property Info

List Price/SqFt: 95.49 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

# of Buildings: 1 Occupancy Rate: 100 Built Prior to 1978: Yes Total Parking: 8 Off Street Parking Spaces: 1 Building Sqft: 5655 Number of Units: 4 Year Built: 1963 Acreage: 0.22

Tax Info

Zoning: Commercial Mult Parcels/Sch Dis: No Tax Abatement: No Taxes (Yrly): 4770 Tax Incentive: No Parcel #: 010-129498 Tax Year: 2024

Remarks & Misc

Property Description: 1759 Lonsdale Rd isn't just another multifamily — it's a clean, dialed-in cash-flow machine in Columbus that gives investors exactly what they want: full occupancy, modern updates, and reliable rental income from day one. Each of the four townhome-style units offers 2 bedrooms, 1 bath, and a full dry basement, giving tenants valuable storage and flex space — a major advantage in this submarket. The building sits on a generous lot with dedicated parking and has been refreshed where it counts: new LVP flooring, fresh paint throughout, updated cabinetry, and all-new appliances. Financial Highlights: • $1,200/month rent per unit — strong, consistent income • 100% occupied with several leases expiring soon, offering options: renew at market, reposition, or increase performance strategically • Low-maintenance asset with recent upgrades minimizing cap-ex surprises The location is tenant-friendly and investor-smart — close to major commuter routes, employment centers, and everyday essentials, making retention easy and turnover minimal. This property checks every box: stability, upside, and simplicity. If you're looking for an asset that lets you step in, take over, and immediately collect, 1759 Lonsdale Rd delivers exactly that.

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 4 2 Bedroom Month Rent Per Unit: 1200

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

Shared Driveway: 1 Common: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1 FHA: 1

Air Conditioning

Central Air: 1

Owner Pays

Sewer: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 559000 List Price: $540,000 Property Sub Type: Townhouse Street #: 1759 Street Name: Lonsdale Street Suffix: Road County: Franklin State: OH Zip Code: 43232 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Active MLS Entry Date: 2025-09-17

Property Features

Addl Acceptance Cond: None Known Parking Features: Shared Driveway; Common Owner Pays: Sewer; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Water Source: Public Sewer: Public Sewer Miscellaneous: Basement; W/D Hookups New Financing: Conventional; FHA MLS Primary PhotoSrc: Realtor Provided
Listing Office: Redfin Corporation
Listing Agent: Corey M Ludrowsky
Last Updated: November - 19 - 2025
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