1988 1990 N 4th Street, Columbus, OH 43201
$525,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,663
Status:
Pending
Current Price:
$525,000
List Date:
11/03/2025
Last Modified:
2/02/2026
Description
Discover an excellent investment opportunity in this well-positioned four-unit rental property in the vibrant University District. This brick quadplex delivers a substantial 3,240 sq ft of rentable space on a 5,663 sq ft lot, offering strong upside in one of Columbus's most active rental zones.
Located in the Indianola Terrace neighborhood, just a few minutes from the campus of The Ohio State University, the Short North district, and the Olentangy River Trail. With countless cafes, local shops, and galleries within easy walking distance, this property has a very high rental demand!
One unit is held vacant for easy showings, but please note that this property is offered as a curb offer only. Please do not disturb the other residents; full access will be granted upon successful execution of a negotiated contract.
Property management is in place and can remain post-sale if desired.
Supplements: ********
More Information MLS# 225041677
Location & Property Info
List Price/SqFt: 162.04
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Occupancy Rate: 75
Built Prior to 1978: Yes
Building Sqft: 3240
Number of Units: 4
Year Built: 1910
Acreage: 0.13
Tax Info
Tax Abatement: No
Taxes (Yrly): 9423
Parcel #: 010-030738
Tax Year: 2024
Remarks & Misc
Property Description: Discover an excellent investment opportunity in this well-positioned four-unit rental property in the vibrant University District. This brick quadplex delivers a substantial 3,240 sq ft of rentable space on a 5,663 sq ft lot, offering strong upside in one of Columbus's most active rental zones.
Located in the Indianola Terrace neighborhood, just a few minutes from the campus of The Ohio State University, the Short North district, and the Olentangy River Trail. With countless cafes, local shops, and galleries within easy walking distance, this property has a very high rental demand!
One unit is held vacant for easy showings, but please note that this property is offered as a curb offer only. Please do not disturb the other residents; full access will be granted upon successful execution of a negotiated contract.
Property management is in place and can remain post-sale if desired.
Income/Expenses
Gross Income: 4750
Net Operating Income: 4750
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Efficiency
Efficiency # of Units: 1
Efficiency Month Rent Per Unit: 1050
1 Bedroom
1 Bedroom # of Units: 1
1 Bedroom Month Rent Per Unit: 1050
Construction
Brick: 1
3 Bedroom
3 Bedroom # of Units: 2
3 Bedroom Month Rent Per Unit: 1388
Heat Fuel
Gas: 1
Parking Features
2 Off Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Miscellaneous
Basement: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
Air Conditioning
Central Air: 1
Owner Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 525000
List Price: $525,000
Property Sub Type: Duplex
Street #: 1988 1990
Street PreDirection: N
Street Name: 4th
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Pending
MLS Entry Date: 2025-11-03
Status Change Info
Under Contract Date: 2026-01-28
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street
Owner Pays: Electric; Gas; Sewer; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
RE/MAX Connection
Listing Agent:
Joshua A Hess
Last Updated: February - 02 - 2026
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