42 N Westgate Avenue, Columbus, OH 43204
- 0.26 acres
- Built 1950
About this home
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.
Key facts
- Status
- Pending
- Type
- Apartment
- Days on market
- 152
- Property taxes
- about $3,034/yr
- County
- Franklin
- MLS #
- 226015263
- Listing brokerage
- Lim Realty Group
- Listing agent
- Jonathan Lorenz
- Listing brokerage contact
- 614-456-7365
Price reduced 15% from $650,000 on September 17.
Lot and parking
- Lot size
- 0.26 acres
- Lot square feet
- 11,325
- Total parking
- 6
Systems and utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Utilities
- Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
- Sewer
- Public Sewer
- Water
- Public
Taxes and HOA
- Property taxes
- about $3,034 a year
- Tax year
- 2024
- Parcel number
- 010-065432
Schools
- District
- Columbus CSD
Around it
School district: COLUMBUS CSD 2503 FRA CO. schools, every home for sale. ZIP 43204: 173 homes for sale · sold prices. Franklin County: 3193 homes for sale · county sold data. Town: everything for sale in Columbus · Columbus sold prices and days on market.
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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by the Columbus and Central Ohio Regional MLS through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 20, 2026, 6:27 PM.