2872 Howey RoadColumbus, OH 43224

2872 Howey RoadColumbus, OH 43224

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$385,000 Contingent
Multi Unit - Multiple MLS 226006664 Contingent

Listed By

Agency Name: Dream Living LLC
Agent Name: Amalea Harding
Agency Phone: 917-554-8225

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Unlock the potential of this income-producing 4-unit property in Columbus--perfect for both savvy investors and house hackers looking to build wealth through real estate.Each unit offers a functional and comfortable layout with 2 spacious bedrooms, 1 full bath, and abundant natural light throughout the solid brick building. With light renovations completed in recent years, including updated flooring and fresh paint, the property presents a strong foundation with minimal upfront work needed.Whether you choose to live in one unit while offsetting your mortgage with rental income or fully lease the property for maximum returns, the numbers make sense. With one unit currently rented at $800/month and market rents at $900 per unit, this property offers up to $42,000 in annual gross rental potential.Investor Highlights:All utilities separately metered (water billed back to tenants)Low-maintenance brick exteriorStrong rental demand areaProfessionally managedIdeally located near the 25M Linden Community Center, parks, and convenient highway access, this property offers both accessibility and long-term rental appeal.Opportunities like this--combining cash flow, flexibility, and upside--don't come around often. Schedule your showing today and secure your next smart investment.Property is being sold as-is.

2872 Howey Road | MLS# 226006664

This multi-family property located at 2872 Howey Road, Columbus, OH 43224 is currently listed for sale with an asking price of $385,000. Howey Road is located within the COLUMBUS CITY school district. Search Columbus real estate on 1325peregrineway.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Days on Market: 76
Lot Size: 0.11 Acres
Year Built: 1969

Feature Descriptions

Parcel #: 010-075740-00

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 2872 Howey Road, Columbus, OH 43224
Fips
Fips Code 39049
Population
2020 to 2025 Change up 2.9%
2010 Count 1,163,414
2020 Count 1,323,807
2025 Estimate (V2025) 1,361,536
2020 Estimate (V2025) 1,323,810
Age Distribution (Years Old)
0 to 4 6.3%
5 to 17 23.0%
18 to 64 57.0%
65 and Older 13.7%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 13.0%
US 87.0%
Education
High School Graduate, Age 25+ 91.2%
Bachelor's Degree or Higher, Age 25+ 42.1%
Computer and Internet use
Households with a computer 97.1%
Households with a broadband Internet subscription 94.1%
Language
English is Second Language, Age 5+ 16.7%
English is First Language, Age 5+ 83.3%
Veterans
Veterans 52,088
Income
Per Capita Income $43,731
Median Household Income $75,176
People in Poverty 13.9%
Commute
Average Work Commute Time 22 minutes
Housing
Total Housing Units 594,813
Households 553,099
Average Household Size 2.36
Owner-Occupied 52.8%
Multi-Family 36.6%
Owner-Occupied Median Value $288,400
Median selected monthly owner costs -with a mortgage $1,781
Median selected monthly owner costs -without a mortgage $748
Median gross rent $1,302
Building Permits
New Private Housing Issued 2024 8,122
Years at Residence
1 Year or More 83.1%
Less Than 1 Year 16.9%
Business and Employment
Private non-farm Establishments 30,700
Private non-farm Employment 695,387
Private non-farm Employment Growth up 0.4%
Nonemployer Establishments 125,504
Number of Firms 21,489
Business Production
Value of Shipments $13,796,060,000
Wholesale Trade $32,205,012,000
Retail Trade $25,665,382,000
Retail Sales Per Capita $17,887
Accommodation and Food Services $3,728,293,000
Land
Land Area 532.19 sq. miles
Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,089.54 per month $1,977.25 Principal & Interest $0.00 Property Tax (data not provided by mls) $112.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage