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Pending
  • Price cut: $44.9K (6/28)
    $275,000

    221 Lincolnshire Rd, Columbus, OH 43230

    5beds
    1,437sqft
    : 
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    Single Family Residence
    Built in 1961
    7,840 Square Feet Lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    Seller is seeking cash offer, as-is with no contingencies to close 7-10 days. Welcome to a truly unique opportunity at 221 Lincolnshire Road in the highly sought-after Royal Manor community of Gahanna! This rare, income-producing property is currently operating as a successful Airbnb with 5 separate units, offering immediate cash flow and a proven track record of consistent demand. Perfectly positioned near major Columbus employers, top commuter routes, and local attractions, this property attracts a steady stream of short-term guests--making it an ideal addition to any investor's portfolio. Whether you're looking to continue the thriving Airbnb model, convert to long-term rentals, or explore corporate housing opportunities, the flexibility here is unmatched. Beyond its investment potential, this property also presents a compelling opportunity for owner-occupants. With the ability to be converted back into a spacious single-family residence, you can create a stunning home tailored to your lifestyle--all within the highly desirable Gahanna School District. Located in an established neighborhood known for its charm and convenience, you're just minutes from shopping, dining, parks, and everything that makes Gahanna one of Central Ohio's most in-demand areas. Opportunities like this are incredibly rare--whether you're seeking strong cash flow, long-term upside, or a place to call home, this property delivers on every level.
    86 days
    |
    1,316
    |
    82
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mandy Harless-Reeves 614-506-2930,

    AO Real Estate,

    Felicia Ronk 740-815-1235,

    Red 1 Realty

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 226011555MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Refrigerator
      Features
      • Flooring: Wood, Laminate, Carpet
      • Windows: Insulated Windows
      • Basement: Full
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning Stove
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,437
      • Total interior livable area: 1,437 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached
      • Has garage: Yes
      • Carport spaces: 2
      Features
      • Levels: Bi-Level
      • Patio & porch: Porch, Deck
      • Fencing: Fenced
      Lot
      • Size: 7,840 Square Feet
      Details
      • Additional structures: Outbuilding
      • Parcel number: 025001623

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Royal Manor
      HOA
      • Has HOA: No
      • Amenities included: Sidewalk
      Location
      • Region: Columbus

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $245,300
      • Annual tax amount: $5,396
      • Date on market: 6/2/2026
      • Listing terms: Other,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,144/mo

        Price history

        DateEventPrice
        6/28/2026Pending sale$275,000-14%$191/sqft
        Source: Columbus and Central Ohio Regional MLS #226011555 Report a problem
        6/2/2026Listed for sale$319,900$223/sqft
        Source: Columbus and Central Ohio Regional MLS #226011555 Report a problem
        6/1/2026Contingent$319,900$223/sqft
        Source: Columbus and Central Ohio Regional MLS #226011555 Report a problem
        4/28/2026Price change$319,900-7.2%$223/sqft
        Source: Columbus and Central Ohio Regional MLS #226011555 Report a problem
        4/11/2026Listed for sale$344,900-73.5%$240/sqft
        Source: Columbus and Central Ohio Regional MLS #226011555 Report a problem
        3/24/2026Listing removed$1,300,000$905/sqft
        Source: Columbus and Central Ohio Regional MLS #225033047 Report a problem
        11/2/2025Price change$1,300,000-29.7%$905/sqft
        Source: Columbus and Central Ohio Regional MLS #225033047 Report a problem
        10/3/2025Price change$1,850,000-7.5%$1,287/sqft
        Source: Columbus and Central Ohio Regional MLS #225033047 Report a problem
        9/12/2025Listed for sale$2,000,000+534.9%$1,392/sqft
        Source: Columbus and Central Ohio Regional MLS #225033047 Report a problem
        9/28/2023Listing removed--
        Source: Columbus and Central Ohio Regional MLS #223017440 Report a problem
        6/9/2023Listed for sale$315,000+1%$219/sqft
        Source: Columbus and Central Ohio Regional MLS #223017440 Report a problem
        10/18/2022Listing removed--
        Source: Columbus and Central Ohio Regional MLS #222017891 Report a problem
        5/23/2022Listed for sale$312,000+68.7%$217/sqft
        Source: Columbus and Central Ohio Regional MLS #222017891 Report a problem
        11/7/2018Sold$184,900$129/sqft
        Source: Columbus and Central Ohio Regional MLS #218038444 Report a problem
        10/15/2018Pending sale$184,900$129/sqft
        Source: Immersion Realty Services #218038444 Report a problem
        10/12/2018Listed for sale$184,900+70.7%$129/sqft
        Source: Immersion Realty Services #218038444 Report a problem
        8/3/2018Sold$108,350-5.8%$75/sqft
        Source: Columbus and Central Ohio Regional MLS #218023899 Report a problem
        7/16/2018Listed for sale$115,000$80/sqft
        Source: Keller Williams Classic Properties Realty #218023899 Report a problem
        7/2/2018Pending sale$115,000$80/sqft
        Source: Keller Williams Classic Properties Realty #218023899 Report a problem
        6/30/2018Listed for sale$115,000-1.7%$80/sqft
        Source: Keller Williams Classic Properties Realty #218023899 Report a problem
        5/4/2004Sold$117,000+31.6%$81/sqft
        Source: Public Record Report a problem
        4/10/2000Sold$88,900$62/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,160 +1.2%$85,860
        2023$5,097 +5.4%$85,860 +35.3%
        2022$4,836 +5.5%$63,460
        2021$4,583 +0.8%$63,460
        2020$4,545 +19.3%$63,460 +19.5%
        2019$3,811 +29.8%$53,100 +28.9%
        2018$2,936 $41,200
        2017$2,936 0%$41,200 +1.5%
        2016$2,937 -0.1%$40,600
        2015$2,939 $40,600
        2014$2,939 +102.9%$40,600
        2013$1,448 -49.3%$40,600
        2011$2,854 +14.7%$40,600 -2.4%
        2010$2,488 +5.7%$41,580
        2008$2,355 +4.9%$41,580
        2007$2,246 -1.6%--
        2006$2,281 +15.7%--
        2005$1,971 +12.7%--
        2004$1,750 +3.7%--
        2003$1,688 +0.2%--
        2002$1,685 +7.9%--
        2001$1,562 -0.7%--
        2000$1,574 --

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 43230

        Getting around

        20 / 100
        Car-Dependent
        39 / 100
        Some Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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