Location & Property Info

List Price/SqFt

145.46

City (Mailing Addr)

Columbus

Corp LimitPerAuditor

Columbus

Office/Contract Info

Active on MLS

2026-04-15

For Sale

Yes

Exchange

Yes

Remarks & Misc

Property Description

Fully renovated and positioned for multiple exit strategies, this duplex offers a rare combination of quality, flexibility, and long-term upside. Taken down to the studs in 2023, both units feature all-new electrical, plumbing, HVAC, roof, siding, windows and basement waterproofing system. This is a true rebuild, not a surface-level renovation, giving investors confidence in lower maintenance and more predictable operating costs. Each unit offers 2 bedrooms and 2 full bathrooms with a functional layout that attracts strong tenant demand. Full unfinished basements on both sides provide additional storage and potential for future value-add. Tenants also enjoy private outdoor spaces with a privacy fence, along with a detached two-car garage, a major advantage for rentability. Located just off 5th Avenue with immediate access to I-71, the property sits in a high-demand rental corridor with easy access to downtown Columbus and key employment centers. The property is fully occupied, delivering immediate cash flow from day one. What sets this opportunity apart is its built-in flexibility. The property has already been rezoned as condominiums, with an HOA in place. This gives a future owner the ability to sell the units individually, creating a clear exit strategy beyond traditional hold scenarios. In addition, the sale includes an adjacent vacant lot that is potentially buildable, opening the door for further development or expansion. Whether you're looking for a stabilized long-term rental, a short-term rental play, a condo conversion exit, or future development potential, this property checks every box. Opportunities of this level of optionality and execution are hard to come by in Columbus. Seller is a Realtor in Ohio.

Income/Expenses

Gross Income

3000

Net Operating Income

3000

Total Expenses

6051

Addl Acceptance Cond

None Known

Yes

Construction

Block

Yes

Heat Fuel

Gas

Yes

Parking Features

2 Car Garage

Yes

Garage Door Opener

Yes

Water Source

Public

Yes

Sewer

Public Sewer

Yes

Services Available

Electricity Available

Yes

Natural Gas Available

Yes

Sewer Available

Yes

Storm Sewer

Yes

Water Available

Yes

Miscellaneous

Basement

Yes

Garages

Yes

W/D Hookups

Yes

Tenant Pays

Gas

Yes

Sewer

Yes

Trash Collection

Yes

Water

Yes

Electricity

Yes

Alternate Uses

Residential

Yes

Heating

Forced Air

Yes

New Financing

Conventional

Yes

FHA

Yes

Air Conditioning

Central Air

Yes

MLS Primary PhotoSrc

Realtor Provided

Yes

Property Features