4468 Reinbeau Drive, Columbus, OH 43232
$1,680,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
55,757
Status:
Active
Current Price:
$1,680,000
List Date:
7/29/2025
Last Modified:
9/25/2025
Description
Cardinal Built ...24 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries
24 - 1BR - 1 bath 576 sf Avg Rent $675
The Seller also owns the 17 additional apartments across the street. The Buyer can purchase as a 24 unit apartment community or as a 41 unit apartment community. The price for the entire 41 unit community is $2,595,000.
Plenty of paved parking. Near all conveniences.
Plenty of upside potential for additional income
Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you
Supplements: ********
More Information MLS# 224023621
Location & Property Info
List Price/SqFt: 119.05
City (Mailing Addr): Columbus
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 4
Built Prior to 1978: Yes
Building Sqft: 14112
Number of Units: 24
Year Built: 1973
Acreage: 1.28
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 180-000419,180-004905
Tax Abatement: No
Taxes (Yrly): 18801.26
Tax Incentive: No
Parcel #: 180-003932
Tax Year: 2023
Remarks & Misc
Property Description: Cardinal Built ...24 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries
24 - 1BR - 1 bath 576 sf Avg Rent $675
The Seller also owns the 17 additional apartments across the street. The Buyer can purchase as a 24 unit apartment community or as a 41 unit apartment community. The price for the entire 41 unit community is $2,595,000.
Plenty of paved parking. Near all conveniences.
Plenty of upside potential for additional income
Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you
Income/Expenses
Gross Income: 194400
Net Operating Income: 126360
Total Expenses: 68040
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 24
1 Bedroom Month Rent Per Unit: 675
Construction
Brick: 1
Heat Fuel
Electric: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Tenant Pays
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Radiant: 1
Other: 1
New Financing
Conventional: 1
Air Conditioning
Other: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1680000
List Price: $1,680,000
Property Sub Type: Flat
Street #: 4468
Street Name: Reinbeau
Street Suffix: Drive
County: Franklin
State: OH
Zip Code: 43232
School District: GROVEPORT MADISON LSD 2507 FRA CO.
Township: Madison
OfficeContract Info
Status: Active
MLS Entry Date: 2024-07-10
Property Features
Addl Acceptance Cond: None Known
Tenant Pays: Electricity; Water
Heat Fuel: Electric
Heating: Forced Air; Other; Radiant
Air Conditioning: Other
Construction: Brick
Sewer: Public Sewer
Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Thomas Fortin & Company LLC.
Listing Agent: Thomas Fortin
Last Updated: September - 25 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.
