1157-59 E Atcheson, Columbus, OH 43203

$400,775
Property Type: Multi-Family Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $400,775 List Date: 12/15/2025 Last Modified: 1/02/2026

Overview

Description

Discover a wonderful investment opportunity in the Hildreth subdivision on Columbus' Near East Side. 1157-1159 E Atcheson Street offers a solid, well-maintained brick duplex with long-term potential and the advantage of qualifying for a 15-Year Tax Abatement—a valuable benefit in a growing area. This location places you minutes from Downtown, the East Market/Trolley District, Franklin Park, Olde Towne East, and Bexley, making it highly appealing for future tenants and long-term rental stability. Each side of this duplex features a comfortable and practical layout with 2 bedrooms, 1 full bath upstairs, and a half bath on the main level. The units include bright living spaces, dining areas, and user-friendly kitchens that make daily living feel open and functional. Updates throughout the property provide a fresh interior while keeping maintenance manageable for investors. One unit is currently tenant-occupied, allowing you to step into immediate income, while the other unit offers flexibility—ideal for leasing, refreshing for increased rental value, or setting up a long-term portfolio strategy. The exterior presents well, and the surrounding neighborhood continues to experience steady revitalization, improving both demand and future appreciation potential. Whether you're expanding your rental portfolio or looking for a property with dependable returns and long-term upside, this duplex stands out for its location, functionality, and incentive eligibility. Showings: Please do not disturb tenants. One side is vacant and available to view. Access to the occupied unit will be scheduled after an accepted offer. See A2A for instructions. A straightforward, income-generating property with room to grow—right where Columbus continues to evolve.

Listing Details MLS# 225045583

Location Property Info

Original List Price
450775
Property Sub Type
Duplex
Street #
1157-59
Street PreDirection
E
Street Name
Atcheson
County
Franklin
State
OH
Zip Code
43203
Subdiv/Cmplx/Comm
Hildreth
School District
COLUMBUS CSD 2503 FRA CO.

OfficeContract Info

MLS Entry Date
2025-12-14

General Property Info

Number of Units
2
Total Parking
2
Off Street Parking Spaces
2
Building Sqft
2865
Year Built
1900
Built Prior to 1978
Yes
Occupancy Rate
50
Lot Size (Side)
123
Acreage
0.09
# of Buildings
0
Carport Spaces
0

Tax Info

Parcel #
010-034666
Zoning
Residential
Mult Parcels/Sch Dis
No
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
4250

2 Bedroom

2 Bedroom # of Units
2

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/SqFt
139.89
City (Mailing Addr)
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Discover a wonderful investment opportunity in the Hildreth subdivision on Columbus' Near East Side. 1157-1159 E Atcheson Street offers a solid, well-maintained brick duplex with long-term potential and the advantage of qualifying for a 15-Year Tax Abatement—a valuable benefit in a growing area. This location places you minutes from Downtown, the East Market/Trolley District, Franklin Park, Olde Towne East, and Bexley, making it highly appealing for future tenants and long-term rental stability. Each side of this duplex features a comfortable and practical layout with 2 bedrooms, 1 full bath upstairs, and a half bath on the main level. The units include bright living spaces, dining areas, and user-friendly kitchens that make daily living feel open and functional. Updates throughout the property provide a fresh interior while keeping maintenance manageable for investors. One unit is currently tenant-occupied, allowing you to step into immediate income, while the other unit offers flexibility—ideal for leasing, refreshing for increased rental value, or setting up a long-term portfolio strategy. The exterior presents well, and the surrounding neighborhood continues to experience steady revitalization, improving both demand and future appreciation potential. Whether you're expanding your rental portfolio or looking for a property with dependable returns and long-term upside, this duplex stands out for its location, functionality, and incentive eligibility. Showings: Please do not disturb tenants. One side is vacant and available to view. Access to the occupied unit will be scheduled after an accepted offer. See A2A for instructions. A straightforward, income-generating property with room to grow—right where Columbus continues to evolve.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Parking Features

1 Off Street
Yes
2 Off Street
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Miscellaneous

Basement
Yes

Heating

Forced Air
Yes
Hot Water
Yes

New Financing

Conventional
Yes
FHA
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: 1 Off Street; 2 Off Street Heating: Forced Air; Hot Water Water Source: Public Sewer: Public Sewer Miscellaneous: Basement New Financing: Conventional; FHA MLS Primary PhotoSrc: Realtor Provided
Listing Office: e-Merge Real Estate
Listing Agent: Fredrika P Kagai
Last Updated: January - 02 - 2026
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