217 W Hubbard Ave, Columbus, OH, 43215
About This Home
Victorian Village 4-Unit | $79K Income | 8% Cap | ADU / 5th Unit Potential Rare opportunity to acquire a brick four-unit located just one block from Goodale Park and approximately 5 blocks to the Short North Arts District. The property produces approximately $79,080 in current rental income with upside potential to over $92,000, offering an estimated 8% cap rate with pro-forma potential near 10% through rental optimization, supported by three units utilizing CMHA vouchers and one-bedroom payment standards in this ZIP code of approximately $1,969, the highest in Franklin County. Features four off-street parking spaces and on-site coin-operated laundry providing additional income. Current rents are $1,800, $1,645, $1,500, and one unit available for immediate lease-up, conservatively projected around $1,645 with additional upside potential. Rear parking offers additional value-add potential, as similar properties have added garage structures with residential units above, creating a potential fifth unit and additional income, subject to zoning and city approvals. Also ideal for an owner-occupant or first-time investor to leverage low down payment financing and strong rental income to offset housing costs while beginning a real estate portfolio.
Getting Around
Very Walkable
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Condominium
Interior
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Property
Details
- Parcel number: 010023595
- Special condition: Standard
Lot
- Lot size: 4,791 sqft
Parking
- Total spaces: 4
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
- Inland Flooding
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 | $3,716 | $44,592 |
| Home Insurance * | $217 | $2,604 |
| Property Taxes | $936 | $11,232 |
| Electricity | $193 | $2,320 |
| Total | $5,062 | $60,744 |
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 |
|---|---|---|
| 2026-05-10 | Listed for sale | $734,900 |
| 2026-04-30 | Listing removed | $749,900 |
| 2026-04-27 | Contingent | $749,900 |
| 2026-03-16 | Listed for sale | $749,900 |
| 2024-02-05 | Sold | $665,000 |
| 2023-12-19 | Contingent | $665,000 |
| 2023-12-12 | Price change | $665,000 |
| 2023-12-04 | Price change | $670,000 |
| 2023-11-28 | Listed for sale | $675,000 |
| 2023-09-19 | Listing removed | -- |
| 2023-09-15 | Listed for rent | $1,050 |
| 2021-03-01 | Listing removed | -- |
| 2020-04-11 | Listing removed | $900 |
| 2020-03-11 | Listed for rent | $900 |
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