1461-1467 Chesapeake Ave, Columbus, OH, 43212
About This Home
Prime 43212 investment opportunity in one of Columbus' most consistently desirable rental corridors. Brick, stucco and wood, single-story four-unit building featuring four one-bedroom apartments with dedicated entrances and off-street parking. Property is fully occupied with established tenants, providing immediate income from day one. Strong rental history and significant upside potential through rent optimization and value-add improvements over time. Simple, durable construction with low-maintenance exterior. Ample off-street parking and green space enhance tenant appeal. Central location offers quick access to Grandview, OSU, downtown Columbus, major employers, dining, retail, and entertainment -- a proven high-demand rental submarket. Financials, rent roll, and supporting documentation are located in the MLS documents tab. Curb offers only. Do not disturb tenants. Excellent opportunity for investors seeking stabilized cash flow with long-term appreciation in a prime location. Back on the market, see ATA remarks
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1978
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Heating
- Heating features: Forced Air
Property
Details
- Parcel number: 130001386
- Zoning description: Commercial
Lot
- Lot size: 6,534 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,028 | $36,336 |
| Home Insurance * | $136 | $1,632 |
| Property Taxes | $763 | $9,156 |
| Electricity | $193 | $2,320 |
| Total | $4,120 | $49,440 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $625,000 |
| 2026-03-31 | Pending sale | $625,000 |
| 2026-03-04 | Contingent | $625,000 |
| 2026-02-23 | Listed for sale | $625,000 |
View on Zillow