1088 E 22nd Avenue, Columbus, OH 43211
$219,997
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,663
Status:
Contingent
Current Price:
$219,997
List Date:
1/13/2026
Last Modified:
1/25/2026
Description
1088 E 22nd Ave / 1942 Hamilton Rd | Columbus, OH 43211. Fully Renovated Duplex | Turn-Key Investment | Strong Cash Flow. Great opportunity to acquire a 100% renovated duplex with long-term, on-time tenants already in place. This property was completely renovated in 2021, offering peace of mind and minimal future capital expenses. It's an excellent addition to any investment portfolio. Did I mention CHEAP taxes of $2,217.12 a year?
Property Overview: Duplex: 2 bedrooms / 1 bathroom per unit. Fully renovated in 2021.
Rents: $1,050 per unit + $50/month water.
Total gross rent: $2,100/month + water reimbursement. Tenants pay AEP electric & Columbia Gas. Owner bills Columbus Water via $50/month ledger. Long-term tenants who pay on time. Lease Information: 1088 E 22nd Ave: Lease re-signed 2/1/2026 - 1/31/2027 (move in 1/16/2023.)1942 Hamilton Rd: Tenant moved in 9/1/2024 - lease through 8/31/2026. Renovation Details (2021 - Fully Updated.) New flooring throughout. Fresh interior paint. Updated kitchens with white shaker cabinets and granite countertops. Completely remodeled bathrooms, including: New toilets, vanities, tubs, faucets.
New plumbing. Tile surrounds and new bathroom flooring. All new lighting and plumbing fixtures. New outlets and switches throughout.
New interior doors, window trim, and floor trim.
Hard-wired smoke detectors. Extensive electrical and plumbing updates.
Location Highlights: Directly across the street from Hamilton STEM Academy.
Approximately 1 mile from the new Linden Community Center, featuring: State-of-the-art fitness center, Indoor walking track, Gymnasium and sports courts, Community meeting rooms,
Youth and senior programming.
Convenient access to: Downtown Columbus: I-71 and I-670: Public transportation: Shopping, schools, and neighborhood amenities.
Why This Property? Turn-key, no deferred maintenance. Strong cash flow from day one!
Professionally managed, and mgmt can stay.
Supplements: ********
More Information MLS# 226001072
Location & Property Info
List Price/SqFt: 132.13
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Occupancy Rate: 100
Built Prior to 1978: Yes
Off Street Parking Spaces: 2
Building Sqft: 1665
Lot Size (Side): 118
Number of Units: 2
Year Built: 1942
Acreage: 0.13
Tax Info
Tax Abatement: No
Taxes (Yrly): 2210
Parcel #: 010-079415
Tax Year: 2024
Remarks & Misc
Property Description: 1088 E 22nd Ave / 1942 Hamilton Rd | Columbus, OH 43211. Fully Renovated Duplex | Turn-Key Investment | Strong Cash Flow. Great opportunity to acquire a 100% renovated duplex with long-term, on-time tenants already in place. This property was completely renovated in 2021, offering peace of mind and minimal future capital expenses. It's an excellent addition to any investment portfolio. Did I mention CHEAP taxes of $2,217.12 a year?
Property Overview: Duplex: 2 bedrooms / 1 bathroom per unit. Fully renovated in 2021.
Rents: $1,050 per unit + $50/month water.
Total gross rent: $2,100/month + water reimbursement. Tenants pay AEP electric & Columbia Gas. Owner bills Columbus Water via $50/month ledger. Long-term tenants who pay on time. Lease Information: 1088 E 22nd Ave: Lease re-signed 2/1/2026 - 1/31/2027 (move in 1/16/2023.)1942 Hamilton Rd: Tenant moved in 9/1/2024 - lease through 8/31/2026. Renovation Details (2021 - Fully Updated.) New flooring throughout. Fresh interior paint. Updated kitchens with white shaker cabinets and granite countertops. Completely remodeled bathrooms, including: New toilets, vanities, tubs, faucets.
New plumbing. Tile surrounds and new bathroom flooring. All new lighting and plumbing fixtures. New outlets and switches throughout.
New interior doors, window trim, and floor trim.
Hard-wired smoke detectors. Extensive electrical and plumbing updates.
Location Highlights: Directly across the street from Hamilton STEM Academy.
Approximately 1 mile from the new Linden Community Center, featuring: State-of-the-art fitness center, Indoor walking track, Gymnasium and sports courts, Community meeting rooms,
Youth and senior programming.
Convenient access to: Downtown Columbus: I-71 and I-670: Public transportation: Shopping, schools, and neighborhood amenities.
Why This Property? Turn-key, no deferred maintenance. Strong cash flow from day one!
Professionally managed, and mgmt can stay.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Expenses
R.E. Taxes: 1012.32
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1050
Construction
Frame: 1
Heat Fuel
Gas: 1
Parking Features
2 Off Street: 1
On Street: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Miscellaneous
Basement: 1
Public Transport: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
Owner Pays
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 219997
List Price: $219,997
Property Sub Type: Duplex
Street #: 1088
Street PreDirection: E
Street Name: 22nd
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43211
Subdiv/Cmplx/Comm: Linden
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Contingent
MLS Entry Date: 2026-01-12
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street; On Street
Owner Pays: Sewer; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Construction: Frame
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; Public Transport; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Cap Rate Realty
Listing Agent:
Tristam Griffith
Last Updated: January - 25 - 2026
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