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42 North Westgate Avenue

Columbus OH 43204

6
11325.6 sq. ft.
Apartment
Currently for sale - view listing

Overview

Fully leased turn-key 4-unit brick multifamily generating $4,875/mo in gross rent ($58,500 annually) on an oversized double lot (1/4+ acre), with current real estate taxes of just $3,065 per year and a 15-YEAR 100% TAX ABATEMENT PENDING -- a major value driver for investors and owner-occupants alike. All four units are large 1BD/1BA layouts at approximately 900 sq ft each. Three of the four units have been renovated and finished with white shaker-style cabinetry, granite counters, subway-tile backsplashes, stainless-steel appliances, recessed lighting, fresh paint, and wide-plank LVP flooring, while the original solid-wood trim and doors have been preserved to blend classic character with a clean, modern aesthetic. All four units are leased with staggered expirations through September 2027: three updated units at $1,325/mo, $1,250/mo, and $1,275/mo, plus a legacy unit at $1,025/mo. Tenants pay their own gas, electric, and internet and reimburse water, and the legacy unit offers a clear path to additional upside on turnover. New roof (2026), new garage doors and openers (2026), newer windows throughout, and central air in every unit. Each unit includes its own 1-car garage plus 2-3 additional off-street parking spots for the building, along with a dedicated basement storage room and private washer/dryer. The double lot offers generous green space for occupants to enjoy.

Features

6 carspaces
11325.6 sq. ft. lot size
Apartment

Happy sellers in Columbus

92%
92% of sellers in Columbus reported that their sale price either exceeded or met their price expectations.

Columbus stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Columbus over the last 12 months.

Local market activity for apartments in Columbus

In the last 12 months, 3 apartments similar to 42 North Westgate Avenue, have been sold.

This represents a 63% increase in apartments sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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