Ohio
Columbus
3654 Arnelle Road

$525,000

3654 Arnelle Road, Columbus, OH 43228

Town Home
Built in 1970
10,454sqft lot
—— car garage
$——/sqft
Listed 17 days ago

Property Description

This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With recent upgrades, this investment promises steady cash flow and growth.

Listing Status:: Active
Date Added:: July 5, 2025 at 05:00AM
Listing Office:: Di Lusso Real Estate : 614-980-9400
Listing Agent:: Fisal Ikhmayes : 614-900-1000
MLS ID:: 225024681

A/C: Central Air
Heating: Forced Air

This listing courtesy of Fisal Ikhmayes, Di Lusso Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

West Franklin Elementary School

3501 Briggs Rd, Columbus, OH, 43204

Grades KG-4

0.32 miles away

Norton Middle School

215 Norton Rd, Columbus, OH, 43228

Grades 7-8

2.85 miles away

Franklin Heights High School

1001 Demorest Rd, Columbus, OH, 43204

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.