1417 Selkirk Road, Columbus, OH 43227

$410,000

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Sold Price
$410,000
List Price
$409,900
Status
CLOSED
Days on Market
62
Closing Date
Sep 29, 2025
MLS#
225028288
Subtype
Multi-Family
Year Built
1959
Lot Size
7,840
Acres
0.18

Property Description

Attention investors! Unlock a cash-flow powerhouse at 1417 Selkirk, Columbus, OH 43227 - a fully leased 4-unit multifamily property listed at $409,900, built for immediate returns and portfolio growth. Four spacious 2-bed, 1-bath units, all tenant-occupied, generate $4,300/month in gross rents ($51,600/year), surpassing the 1% rule for exceptional cash flow in a high-demand market. Recent upgrades include a 2019 roof, new mechanicals, modern kitchen appliances, fresh flooring, and a backyard fence, ensuring low maintenance and minimal CapEx. Nestled in vibrant Berwick, just east of Bexley, this property offers proximity to downtown Columbus and benefits from the Main and Broad Street Corridor Revitalization Plan, enhancing infrastructure and community appeal. With Columbus home values up 30-40% since 2020 (per Zillow), Berwick's strong market signals robust appreciation potential. Stable tenants and turnkey condition make this a must-have asset for investors seeking reliable income and long-term value in a thriving neighborhood. Tenants pay all utilities, and individually metered for water.

Additional Information

Heating
Forced Air
Garage
Common
School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Marshall L Foster ---- RE/MAX Revealty

Selling Office: Swiss Realty LTD.

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Calculator source: Real Geeks