4496 Reinbeau Drive, Columbus, OH 43232
$2,575,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
98,881
Status:
Active
Current Price:
$2,575,000
List Date:
8/01/2025
Last Modified:
9/25/2025
Description
Cardinal Built ...41 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries
33 - 1BR - 1 bath 576 sf Avg Rent $675
3 - 2BR - 1 bath 864 sf Avg Rent $725
4 - Studios - 1 bath 288 sf Avg Rent $575
1 - 3 BR 1 bath 1152 sf Rent $795
Also has Rental Office/Storage unit
THIS PROPERTY CAN BE PURCHASED ALSO AS 24 APARTMENTS AND/OR 17 APARTMENTS
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# 223003413
Location & Property Info
List Price/SqFt: 745.08
City (Mailing Addr): Columbus
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Mortgage Balance: 0
Exchange: No
General Property Info
# of Buildings: 7
Occupancy Rate: 95
Built Prior to 1978: Yes
Building Sqft: 3456
Number of Units: 41
Year Built: 1973
Acreage: 2.27
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 180-000792-00
180-003932-00
180-004905-00
Tax Abatement: No
Taxes (Yrly): 32936
Tax Incentive: No
Parcel #: 180-000419
Tax Year: 2021
Remarks & Misc
Property Description: Cardinal Built ...41 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries
33 - 1BR - 1 bath 576 sf Avg Rent $675
3 - 2BR - 1 bath 864 sf Avg Rent $725
4 - Studios - 1 bath 288 sf Avg Rent $575
1 - 3 BR 1 bath 1152 sf Rent $795
Also has Rental Office/Storage unit
THIS PROPERTY CAN BE PURCHASED ALSO AS 24 APARTMENTS AND/OR 17 APARTMENTS
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: 305748
Net Operating Income: 188291
Total Expenses: 117457
Addl Acceptance Cond
None Known: 1
Efficiency
Efficiency # of Units: 4
Efficiency Month Rent Per Unit: 575
Expenses
R.E. Taxes: 32936
Property Insurance: 8019
1 Bedroom
1 Bedroom # of Units: 33
1 Bedroom Month Rent Per Unit: 675
2 Bedroom
2 Bedroom # of Units: 3
2 Bedroom Month Rent Per Unit: 725
Construction
Frame: 1
3 Bedroom
3 Bedroom # of Units: 1
3 Bedroom Month Rent Per Unit: 795
Heat Fuel
Electric: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Tenant Pays
Sewer: 1
Water: 1
Electricity: 1
Alternate Uses
Residential: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Radiant: 1
New Financing
Conventional: 1
Air Conditioning
Other: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 2800000
List Price: $2,575,000
Property Sub Type: Flat
Street #: 4496
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: 2023-02-10
Property Features
Addl Acceptance Cond: None Known
Tenant Pays: Electricity; Sewer; Water
Heat Fuel: Electric
Heating: Radiant
Air Conditioning: Other
Construction: Frame
Sewer: Public Sewer
Services Available: Electricity Available; Sewer Available; Storm Sewer; Water Available
Alternate Uses: Residential
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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