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.
Pending
Price cut: $44.9K (6/28)
$275,000
221 Lincolnshire Rd, Columbus, OH 43230
5beds
1,437sqft
Single Family Residence
Built in 1961
7,840 Square Feet Lot
$-- Zestimate®
$191/sqft
$-- HOA
What's special
- 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#: 226011555
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
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Pending sale | $275,000-14%$191/sqft |
Source: | ||
| 6/2/2026 | Listed for sale | $319,900$223/sqft |
Source: | ||
| 6/1/2026 | Contingent | $319,900$223/sqft |
Source: | ||
| 4/28/2026 | Price change | $319,900-7.2%$223/sqft |
Source: | ||
| 4/11/2026 | Listed for sale | $344,900-73.5%$240/sqft |
Source: | ||
| 3/24/2026 | Listing removed | $1,300,000$905/sqft |
Source: | ||
| 11/2/2025 | Price change | $1,300,000-29.7%$905/sqft |
Source: | ||
| 10/3/2025 | Price change | $1,850,000-7.5%$1,287/sqft |
Source: | ||
| 9/12/2025 | Listed for sale | $2,000,000+534.9%$1,392/sqft |
Source: | ||
| 9/28/2023 | Listing removed | -- |
Source: | ||
| 6/9/2023 | Listed for sale | $315,000+1%$219/sqft |
Source: | ||
| 10/18/2022 | Listing removed | -- |
Source: | ||
| 5/23/2022 | Listed for sale | $312,000+68.7%$217/sqft |
Source: | ||
| 11/7/2018 | Sold | $184,900$129/sqft |
Source: | ||
| 10/15/2018 | Pending sale | $184,900$129/sqft |
Source: Immersion Realty Services #218038444 Report a problem | ||
| 10/12/2018 | Listed for sale | $184,900+70.7%$129/sqft |
Source: Immersion Realty Services #218038444 Report a problem | ||
| 8/3/2018 | Sold | $108,350-5.8%$75/sqft |
Source: | ||
| 7/16/2018 | Listed for sale | $115,000$80/sqft |
Source: Keller Williams Classic Properties Realty #218023899 Report a problem | ||
| 7/2/2018 | Pending sale | $115,000$80/sqft |
Source: Keller Williams Classic Properties Realty #218023899 Report a problem | ||
| 6/30/2018 | Listed for sale | $115,000-1.7%$80/sqft |
Source: Keller Williams Classic Properties Realty #218023899 Report a problem | ||
| 5/4/2004 | Sold | $117,000+31.6%$81/sqft |
Source: Public Record Report a problem | ||
| 4/10/2000 | Sold | $88,900$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $1,574 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 5/10Royal Manor Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Gahanna West Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Lincoln High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Ohio
- Franklin County
- Gahanna
- 43230
- 221 Lincolnshire Rd






