Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Roof replacement 2018
  • Slab foundation
  • Easy to lease

Executive Summary

Prime Investment Opportunity! Well-maintained 4-unit multifamily property, with each unit offering 2 bedrooms, 1 full bath, and off-street parking. Currently 100% occupied, generating $4,250 per month in gross rental income, with tenants responsible for all utilities. The property benefits from a Low-Income Housing Tax Credit (LIHTC) tax abatement through December 31, 2028, with the potential to re-syndicate the tax credits for an additional 30 years. Property may also be utilized for Section 8 housing, subject to applicable program requirements and restrictions. Curb offers only. Please do not disturb tenants. Seller is a licensed real estate agent in the State of Ohio.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $70,342 $20.92
Other Income - -
Vacancy Loss $3,517 $1.05
Effective Gross Income $66,825 $19.88
Taxes $6,342 $1.89
Operating Expenses $11,544 $3.43
Total Expenses $17,886 $5.32
Net Operating Income $48,939 $14.56

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $70,342
Annual Per SF $20.92
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $3,517
Annual Per SF $1.05
Effective Gross Income (CAD)
Annual $66,825
Annual Per SF $19.88
Taxes (CAD)
Annual $6,342
Annual Per SF $1.89
Operating Expenses (CAD)
Annual $11,544
Annual Per SF $3.43
Total Expenses (CAD)
Annual $17,886
Annual Per SF $5.32
Net Operating Income (CAD)
Annual $48,939
Annual Per SF $14.56

Property Facts

Price $827,418 CAD
Price Per Unit $206,855 CAD
Sale Type Investment
Cap Rate 5.91%
Sale Condition 1031 Exchange
Gross Rent Multiplier 11.75
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,362 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 1.25/1,000 SF
Zoning R - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
010-103056
Land Assessment
$8,874 CAD (2025)
Improvements Assessment
$34,298 CAD (2025)
Total Assessment
$43,173 CAD (2025)
Annual Taxes
$6,342 CAD ($1.89 CAD/SF)
Tax Year
2026
  • Listing ID: 41838573

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 2030 Jane Ave, Columbus, OH 43219

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}