1439 Atcheson St · Columbus, OH 43203

$90,000

2 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 253 Days on market

Built 1929 6,534 sqft lot $83/sqft · 59% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

Key facts

• 6,534 sq ft lot
• Built 1929
• Listed 253 days

🏷️ Possibly a rental listed for sale. The $90,000 price doesn't fit this home's estimated sale value (~$218,662) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $433 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.1% vs local median 3.8% in Columbus — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#97 in OH, #1,491 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime F.
• Columbus City School District (urban): math 15% / reading 26% proficiency, ranked #626 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.0%/yr); 94 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
• This rent runs 36% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Franklin County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 5.0% rent growth), your $25k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 253 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $60k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $11k; list at $90k implies a 718% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $79,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 253 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.60% ✓
• Cap rate: 12.07%
• Cash-on-cash: 20.62%
• DSCR: 1.92
• GRM: 5.2

CMA / ARV

• ARV (median comp): $218,662
• List price: $90,000
• Delta: -58.84%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1495 Atcheson St	0.09mi	3/1.0 (+1)	1,071 (-1%)	11mo	$110,000	$103	80
479 Parkwood Ave	0.24mi	3/1.0 (+1)	1,054 (-2%)	8mo	$118,000	$112	74
1221 Atcheson St	0.31mi	3/1.0 (+1)	1,080 (0%)	10mo	$136,000	$126	72
156 Winner Ave	0.42mi	3/1.5 (+1)	1,083 (+0%)	4mo	$245,000	$226	70
528 Bassett Ave	0.15mi	3/1.0 (+1)	1,158 (+7%)	10mo	$160,000	$138	67
452 N Ohio Ave	0.28mi	2/1.0	1,032 (-4%)	16mo	$100,000	$97	67
463 Fairfield Ave	0.18mi	3/1.5 (+1)	1,184 (+10%)	4mo	$236,175	$199	66
1418 Phale D Hale Dr	0.28mi	3/1.0 (+1)	968 (-10%)	17mo	$115,000	$119	50
1740 Old Leonard Ave	0.69mi	3/1.5 (+1)	1,147 (+6%)	3mo	$155,000	$135	48
1718 Old Leonard Ave	0.67mi	3/1.5 (+1)	1,054 (-2%)	15mo	$105,000	$100	46
883 Mansfield Ave	0.63mi	3/1.0 (+1)	960 (-11%)	7mo	$143,000	$149	41
1907 Denbridge Way	0.70mi	3/2.0 (+1)	1,177 (+9%)	14mo	$275,000	$234	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.03% rent growth · sell at horizon

5-year hold

• IRR: 15.5%
• Equity multiple: 1.64×
• Total profit: $16,066
• Equity at exit: $13,419

10-year hold

• IRR: 25.7%
• Equity multiple: 3.48×
• Total profit: $62,609
• Equity at exit: $7,782

Cash invested: $25,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43203

• Home prices YoY: -31.9%
• Rents YoY: 5.0%
• Active inventory: 94
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,437 high
• Mortgage (P&I): −$472
• Tax from tax record: −$193 /mo · $2,315/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $433

Break-even live

Break-even rent $889

Max offer price $90,000

Occupancy floor 65%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
476 Taylor Ave Columbus, OH	1.0–2.0	1.0–2.0	699	$1,695	$2.42	3d	8	0.20mi
1308-1310 Mount Vernon Ave Unit 1308 Columbus, OH	3.0	2.0	1400	$1,695	$1.21	43d	1	0.25mi
1608 Greenway Ave Columbus, OH	2.0	2.0	900	$1,299	$1.44	16d	1	0.27mi
1608 Greenway Ave Columbus, OH	1.0	1.0	750	$1,199	$1.60	12d	1	0.27mi
1608 Greenway Ave Columbus, OH	2.0	2.0	900	$1,899	$2.11	17d	1	0.27mi
1608 Greenway Ave Columbus, OH	1.0	1.0	750	$1,199	$1.60	3d	1	0.27mi
439 Eldridge Ave Unit 439 Columbus, OH	3.0	1.0	946	$1,200	$1.27	23d	1	0.29mi
1216 Atcheson St Columbus, OH	3.0	2.0	1092	$1,550	$1.42	3d	1	0.33mi
304 Woodland Ave Columbus, OH	1.0	1.0	750	$1,199	$1.60	43d	1	0.42mi
1614 Clifton Ave Unit 1620 Columbus, OH	2.0	1.0	875	$1,349	$1.54	23d	1	0.43mi
250 N 21st St Columbus, OH	3.0	2.5	1452	$2,600	$1.79	43d	1	0.56mi
60-66 Winner Ave Columbus, OH	2.0	1.0	1500	$1,250	$0.83	17d	1	0.59mi
1544 E Broad St Unit 1544-303 Columbus, OH	2.0	1.0	875	$1,122	$1.28	7d	1	0.64mi
1544 E Broad St Unit 303 Columbus, OH	2.0	1.0	875	$1,122	$1.28	43d	1	0.64mi
1550 E Broad St Columbus, OH	2.0	1.0	875	$1,175	$1.34	43d	1	0.65mi
1001 Atcheson St Columbus, OH	1.0–2.0	1.0	821	$1,295	$1.58	2d	16	0.67mi
1620 E Broad St Columbus, OH	2.0	2.0	1214	$2,025	$1.67	3d	2	0.67mi
1620 E Broad St #408 Columbus, OH	2.0	2.0	1247	$2,150	$1.72	23d	1	0.67mi
1445 E Broad St Columbus, OH	1.0–5.0	1.0–5.0	2164	$1,504	$0.70	1d	4	0.72mi
1740 E Broad St Columbus, OH	2.0	1.0	1200	$1,500	$1.25	23d	1	0.74mi
1444 Madison Ave Unit B Columbus, OH	2.0	1.0	800	$1,165	$1.46	21d	1	0.76mi
61 N 21st St Unit J Columbus, OH	2.0	1.0	738	$995	$1.35	43d	1	0.79mi
64 N 20th St Columbus, OH	2.0	1.0	1400	$1,495	$1.07	7d	1	0.81mi
58-64 N 20th St Columbus, OH	2.0	1.0	1100	$1,495	$1.36	7d	1	0.81mi
62 N 20th St Columbus, OH	3.0	1.0	1100	$1,595	$1.45	43d	1	0.81mi
1309 Fair Ave Columbus, OH	1.0	1.0	750	$899	$1.20	23d	1	0.86mi
1309 Fair Ave Columbus, OH	2.0	1.0	850	$1,050	$1.24	7d	1	0.86mi
143 Sherman Ave Columbus, OH	2.0	1.0	919	$1,588	$1.73	23d	2	0.92mi
151 Sherman Ave Unit 101 Columbus, OH	2.0	1.0	981	$1,675	$1.71	21d	1	0.93mi
151 Sherman Ave Unit 101 Columbus, OH	2.0	1.0	981	$1,675	$1.71	23d	1	0.93mi
151 Sherman Ave #102 Columbus, OH	2.0	1.0	970	$1,675	$1.73	23d	1	0.93mi
151 Sherman Ave #001 Columbus, OH	1.0	1.0	835	$1,199	$1.44	23d	1	0.93mi
151 Sherman Ave #001 Columbus, OH	1.0	1.0	835	$1,199	$1.44	43d	1	0.93mi
196 Miller Ave Columbus, OH	2.0	2.0	1000	$1,250	$1.25	43d	1	0.94mi
973 E Broad St #3 Columbus, OH	2.0	1.0	780	$1,500	$1.92	17d	1	0.95mi
1096 Oak St Columbus, OH	2.0	2.5	1487	$2,099	$1.41	3d	1	0.98mi
866 E Starr Ave Columbus, OH	2.0	1.0	1168	$1,600	$1.37	43d	1	1.01mi
820 E Long St Columbus, OH	2.0	1.0–2.0	888	$1,810	$2.04	2d	23	1.02mi
243 Miller Ave Unit 243 Columbus, OH	2.0	1.0	980	$1,375	$1.40	43d	1	1.02mi
1599 Oak St Columbus, OH	2.0	1.0–2.0	793	$1,802	$2.27	23d	14	1.02mi

Listing history 24 events

1. 2026-06-18
   days on market $90,000 Active 253 DOM
2. 2026-06-17
   days on market $90,000 Active 252 DOM
3. 2026-06-16
   days on market $90,000 Active 251 DOM
4. 2026-06-15
   days on market $90,000 Active 250 DOM
5. 2026-06-13
   days on market $90,000 Active 248 DOM
6. 2026-06-13
   days on market $90,000 Active 247 DOM
7. 2026-06-09
   days on market $90,000 Active 244 DOM
8. 2026-06-08
   days on market $90,000 Active 243 DOM
9. 2026-06-07
   days on market $90,000 Active 242 DOM
10. 2026-06-05
    days on market $90,000 Active 239 DOM
11. 2026-06-03
    days on market $90,000 Active 238 DOM
12. 2026-06-02
    days on market $90,000 Active 237 DOM
13. 2026-06-01
    days on market $90,000 Active 236 DOM
14. 2026-05-31
    days on market $90,000 Active 235 DOM
15. 2026-05-11
    price $90,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

16. 2026-03-03
    price $100,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

17. 2026-02-06
    price $110,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

18. 2026-01-15
    price $123,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

19. 2025-12-09
    price $125,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

20. 2025-11-07
    price $140,000 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

21. 2025-10-08
    listed $150,000 Active 352-char remark

    Show marketing remark (352 chars)

    THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY COURT OF COMMON PLEAS. Great opportunity to make this property your own. This property is currently tenant occupied on a month to month lease. Do not disturb the tenants. The accepted contract is subject to court review and approval and will not be a quick close. See agent to agent remarks.

22. 2005-07-13
    soldstatus $11,000 259-char remark

    Show marketing remark (259 chars)

    SELLER REQUEST ALL BUYERS TO PROVIDE WITH OFFER A PRE-QUAL FROM COUNTRYWIDE HOME LOANS REGARDLESS IF USING ANOTHER LENDER. IF BUYER DECIDES NOT TO APPLY WITH CHL THERE WILL BE NO LOAN CONTINGENCY. DEPOSIT BECOMES NON-REFUNDABLE UPON EXPIRATION OF INSPECTIONS.

23. 2005-06-30
    historical 259-char remark

    Show marketing remark (259 chars)

    SELLER REQUEST ALL BUYERS TO PROVIDE WITH OFFER A PRE-QUAL FROM COUNTRYWIDE HOME LOANS REGARDLESS IF USING ANOTHER LENDER. IF BUYER DECIDES NOT TO APPLY WITH CHL THERE WILL BE NO LOAN CONTINGENCY. DEPOSIT BECOMES NON-REFUNDABLE UPON EXPIRATION OF INSPECTIONS.

24. 2005-05-22
    listed $16,900 259-char remark

    Show marketing remark (259 chars)

    SELLER REQUEST ALL BUYERS TO PROVIDE WITH OFFER A PRE-QUAL FROM COUNTRYWIDE HOME LOANS REGARDLESS IF USING ANOTHER LENDER. IF BUYER DECIDES NOT TO APPLY WITH CHL THERE WILL BE NO LOAN CONTINGENCY. DEPOSIT BECOMES NON-REFUNDABLE UPON EXPIRATION OF INSPECTIONS.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,315 · $193/mo
• Projected year-2 tax: $2,315 · $193/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,247
• − Mortgage interest: −$5,041
• − Property taxes: −$2,315
• − Insurance: −$450
• − Repairs & maintenance: −$1,380
• − Management: −$1,380
• − Depreciation: −$2,618
• Taxable income: $4,064
• Est. tax owed @ 24.0%: −$975
• After-tax cash flow: $4,222/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Columbus City School District
• NCES district ID: 3904380
• Math proficiency: 15% ▼ -17.00%
• Reading proficiency: 26% ▼ -12.00%
• Median HH income: $38,483
• Composite: 17.19/100
• National rank: #9105
• State rank: #626 of 656 in OH

Livability — Columbus

• Score: 81/100
• State rank: #97
• US rank: #1491

Category grades

Amenities A- Commute A+ Cost of living A+ Crime F Employment C- Housing A+ Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Columbus, OH
• County: Franklin County · 1,351,780 people
• City population: 612,189
• Metro: Columbus, OH
• Population (ZIP): 8,618
• Household income: $47,572
• Rent vs Own: 68.9% rent · 31.1% own
• Severe rent burden: 859.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 1,456,139 people
• By 2030: 1,556,890 · +6.9%
• By 2040: 1,757,349 · +20.7%
• By 2050: 1,950,539 · +34.0%
• By 2075: 2,376,171 · +63.2%
• By 2100: 2,636,796 · +81.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 59% White 29% Two or more races 8% Hispanic / Latino 2% Asian 2%
• Common ancestry: Lithuanian 1% Romanian 1% Swiss 1%
• Foreign-born: 12% · Canada
• Languages at home: 86% English-only · Other Indo-European 1% Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · Franklin

• 2024 margin: Strong D (+28.4) · D 63.7% · R 35.3% · Other 1.0%
• 2008→2024 swing: +7.7pp toward D · 2008: 20.7pp · 2024: 28.4pp
• All cycles: 2024: D+28.4 2020: D+31.4 2016: D+25.9 2012: D+21.7 2008: D+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -102.09%
• Current HPI: 217.3929
• Rent YoY: ▲ 5.03%
• Metro: Columbus, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+432.5% since first listed

10 events — show timeline

• 2026-05-11 Price Changed $90,000 CBRMLS
• 2026-03-03 Price Changed $100,000 CBRMLS
• 2026-02-06 Price Changed $110,000 CBRMLS
• 2026-01-15 Price Changed $123,000 CBRMLS
• 2025-12-09 Price Changed $125,000 CBRMLS
• 2025-11-07 Price Changed $140,000 CBRMLS
• 2025-10-08 Listed $150,000 CBRMLS
• 2005-07-13 Sold (MLS) $11,000 CBRMLS
• 2005-06-30 Listing Removed — CBRMLS
• 2005-05-22 Listed $16,900 CBRMLS

Property tax history

-4.2%/yr

Latest (2024): $2,315 · +1.3% YoY. Source: county tax records.