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238 S Richardson Ave, Columbus, OH, 43204

--beds
0baths
--sqft
$1,675,000
--price/sqft
$11,893/moest. monthly cost
$475,720/yrincome needed

About This Home

Here's your opportunity to purchase a seasoned real estate portfolio consisting of 15 single family homes in various locations throughout the Columbus Metro area. All homes are currently professionally managed and management may be retained by the new owner. Most homes are currently rented through CMHA. Properties are in average condition, so there is upside potential there as well.

Getting Around

55
WalkingSomewhat Walkable
37
TransitSome Transit
61
BikeBikeable

Schools

4/10
4/10
Hilltonia Middle SchoolGrades 6-80.9 mi
2/10
Briggs High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Property

Details

  • Parcel number: 010004655

Lot

  • Lot size: 4,356 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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

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

MonthlyAnnual
Mortgage $8,469$101,628
Home Insurance *$1,096$13,152
Property Taxes $2,135$25,620
Electricity $193$2,320
Total$11,893$142,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$407,760/yr
40% on housing$356,790/yr
45% on housing$317,146/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 43204$113
Franklin County$188

vs Homes Sold Last Month

Median $/sqft

ZIP 43204$155
Franklin County$191

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)

No zestimate history available

Price History

DateEventPrice
2025-12-14Price change$1,675,000
2025-07-08Listed for sale$1,725,000
2005-01-27Sold$37,500
2004-10-05Sold$42,000
2002-10-16Sold$57,000
2001-08-13Sold$45,105
2001-02-05Sold$30,600

For Sale by Agent

AgentRichard Russo
BrokerageRich Russo Realty & Co.

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