2054 N 4th Street, Columbus, OH 43201 (MLS# 226023679)

2054 N 4th Street, Columbus, OH 43201

$995,000

Property Type: Multi-Family Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $995,000 List Date: 6/26/2026 Last Modified: 7/06/2026

Overview

Description

2054 N Fourth Street presents a rare opportunity to acquire a fully leased, income-producing multifamily asset in the heart of Columbus. The ± 6,468 Sq Ft property consists of seven residential unit brick town-homes, and is offered for sale at $995,000. With 100% occupancy and an established tenant base, the property provides immediate cash flow and investment stability. Located along the North Fourth Street corridor, the asset benefits from convenient access to Downtown Columbus, The Ohio State University, major employment centers,public transportation, dining, retail, and neighborhood amenities. The building includes 2 and 3-Bedroom Town-home units with basements for extra storage. Many units have natural hardwood flooring.The very well maintained building includes: all furnaces and hot water tanks (which have been updated), all units include a range, refrigerator, washer, and dryer. The property's attractive urban location appeals to a broad tenant pool, while it's ... (Read more)

Listing Details MLS# 226023679

Location Property Info

Original List Price: 995000
Property Sub Type: Townhouse
Street #: 2054
Street PreDirection: N
Street Name: 4th
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43201
Subdiv/Cmplx/Comm: Indianola Summit
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2026-06-26

General Property Info

Number of Units: 7
# of Buildings: Yes
Building Sqft: 9702
Year Built: 1910
Built Prior to 1978: Yes
Lot Size (Side): 140
Acreage: 0.14

Tax Info

Parcel #: 010-001234
Tax Year: 2024
Tax Abatement: No
Taxes (Yrly): 25685
Tax Incentive: No

2 Bedroom

2 Bedroom # of Units: 5

3 Bedroom

3 Bedroom # of Units: 2

More Information

Expenses

R.E. Taxes: 25278.28
Property Insurance: 1830
Repairs&Maintenance: 4901
Misc Expense: 5140
Water Expense: 2511
Supplies: 3595

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 102.56
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Dist To Intersxn: 0

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: 2054 N Fourth Street presents a rare opportunity to acquire a fully leased, income-producing multifamily asset in the heart of Columbus. The ± 6,468 Sq Ft property consists of seven residential unit brick town-homes, and is offered for sale at $995,000. With 100% occupancy and an established tenant base, the property provides immediate cash flow and investment stability. Located along the North Fourth Street corridor, the asset benefits from convenient access to Downtown Columbus, The Ohio State University, major employment centers,public transportation, dining, retail, and neighborhood amenities. The building includes 2 and 3-Bedroom Town-home units with basements for extra storage. Many units have natural hardwood flooring.The very well maintained building includes: all furnaces and hot water tanks (which have been updated), all units include a range, refrigerator, washer, and dryer. The property's attractive urban location appeals to a broad tenant pool, while it's proximity to key Columbus destinations supports long-term residential demand. The property's size and configuration offers investors a well-positioned multifamily holding in one of Central Ohio's strongest rental markets. An excellent opportunity for investors seeking a stabilized multifamily asset with current income and long-term appreciation potential in the Columbus market. Curb offers only, see A2A.

Income/Expenses

Gross Income: 78058
Net Operating Income: 41487
Total Expenses: 36571

Addl Acceptance Cond

None Known: Yes

Construction

Brick: Yes

Heat Fuel

Gas: Yes

Parking Features

On Street: Yes

Sewer

Public Sewer: Yes

Miscellaneous

Basement: Yes

Tenant Pays

Gas: Yes
Electricity: Yes

Alternate Uses

Residential: Yes

Heating

Forced Air: Yes

Owner Pays

Sewer: Yes
Trash: Yes
Water: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Construction: Brick Sewer: Public Sewer Miscellaneous: Basement Alternate Uses: Residential MLS Primary PhotoSrc: Realtor Provided

Listing Office: Best Corporate Real Estate

Listing Agent: Rebecca S Withrow

Last Updated: July - 06 - 2026

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