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
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