42 N Westgate Avenue, Columbus, OH 43204 – ID 226015263

  • $549,900
42 N Westgate Avenue, Columbus, OH 43204
Multi-Family Active
42 N Westgate Avenue, Columbus, OH 43204 – ID 226015263
42 N Westgate Avenue, Columbus, OH 43204
  • $549,900

Overview

  • Apartment
  • Property Type
  • 0
  • Bathroom
  • 1950
  • Year Built

Description

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.

  • Address Westgate
  • City Columbus
  • State/county Franklin
  • Zip/Postal Code 43204

Details

Updated on September 18, 2026 at 5:36 am
  • Price: $549,900
  • Land Area: 0.26 Sq Ft
  • Bathroom: 0
  • Year Built: 1950
  • Property Type: Apartment
  • Property Status: Multi-Family

Additional details

  • Cooling: Central Air
  • CrossStreet: Broad Street
  • DaysOnMarket: 138
  • DocumentsChangeTimestamp: 2026-09-09T10:43:24Z
  • DocumentsCount: 0
  • GrossIncome: 0
  • Heating: Forced Air
  • HighSchoolDistrict: COLUMBUS CSD 2503 FRA CO.
  • InternetAddressDisplayYN: 1
  • InternetEntireListingDisplayYN: 1
  • ListAgentEmail: jon@limrealtygroup.com
  • ListAgentFirstName: Jonathan
  • ListAgentFullName: Jonathan Lorenz
  • ListAgentKey: 20190724180011517724000000
  • ListAgentLastName: Lorenz
  • ListAgentMlsId: 658029069
  • ListAgentPreferredPhone: 614-517-4590
  • ListOfficeKey: 20190416190010352307000000
  • ListOfficeMlsId: 10939
  • ListOfficeName: Lim Realty Group
  • ListOfficePhone: 614-456-7365
  • ListingContractDate: 2026-05-04
  • LotSizeArea: 0.26
  • LotSizeSquareFeet: 11325.6
  • MajorChangeTimestamp: 2026-09-17T10:00:42Z
  • MajorChangeType: Price Reduced
  • MlsStatus: Active
  • ModificationTimestamp: 2026-09-17T10:01:32Z
  • NetOperatingIncome: 0
  • NumberOfUnitsTotal: 4
  • OnMarketDate: 2026-05-04
  • OperatingExpense: 0
  • OriginalListPrice: 650000
  • OriginatingSystemID: M00000495
  • OriginatingSystemKey: 20260504165717852563000000
  • OriginatingSystemName: Columbus and Central Ohio Regional MLS
  • ParcelNumber: 010-065432
  • ParkingTotal: 6
  • PhotosChangeTimestamp: 2026-05-04T18:25:27Z
  • PhotosCount: 26
  • PriceChangeTimestamp: 2026-09-17T10:00:42Z
  • Sewer: Public Sewer
  • SourceSystemID: M00000495
  • SourceSystemKey: 20260504165717852563000000
  • SourceSystemName: Columbus and Central Ohio Regional MLS
  • SpecialListingConditions: Standard
  • StateOrProvince: OH
  • StatusChangeTimestamp: 2026-05-04T18:25:26Z
  • StreetDirPrefix: N
  • StreetName: Westgate
  • StreetNumber: 42
  • StreetNumberNumeric: 42
  • StreetSuffix: Avenue
  • TaxAnnualAmount: 3034
  • TaxYear: 2024
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • VideosCount: 0
  • WaterSource: Public
  • YearBuiltEffective: 2026

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