1445-1447 Jefferson Avenue, Columbus, OH 43211

$265,000
Property Type: Multi-Family Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $265,000 List Date: 3/19/2026 Last Modified: 3/21/2026

Overview

Description

Turnkey Duplex Investment | Tax Abatement Through 2035 | Section 8 Income + Upside Fully rented duplex located at 1445-1447 Jefferson Ave, Columbus, OH 43211, offering immediate rental income with strong upside. Per the Franklin County Auditor, the property is recorded as a 6 bed / 2 bath (3 bed / 1 bath per unit). However, the current layout functions as 2 bed / 1 bath units and is currently rented as such. While the existing floorplan is more conducive to 2-bedroom use, a new owner with a creative approach may find a way to add a third bedroom, presenting a clear opportunity to further increase cash flow. Both units are currently leased, generating a gross monthly rent of $2,450. Both units are eligible for rent increases with CMHA, and the CMHA re-inspection has already been completed. The property also benefits from a tax abatement through 2035, resulting in extremely low annual property taxes of just $592.10, allowing investors to enjoy stronger cash flow for years to come. Major capital improvements have already been completed, including new furnaces and water heaters in 2018, new windows and siding in 2022, and a brand new roof installed in 2025, reducing near-term maintenance concerns. There is also significant long-term upside. CMHA currently allows up to $1,731/month for 3 bed / 1 bath units, meaning gross rents could potentially reach $3,462/month if configured and rented as 3-bedroom units as reflected in county records. Located in a strong Section 8 rental corridor in Linden, this property offers a combination of stable income, extremely low taxes, updated systems, and clear rent growth potential. Please do not disturb tenants. CURB OFFERS ONLY. Buyers will gain access to the property once an offer is accepted.

Listing Details MLS# 226006587

Location Property Info

Original List Price
265000
Property Sub Type
Duplex
Street #
1445-1447
Street Name
Jefferson
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43211
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-03-06

General Property Info

Number of Units
2
# of Buildings
Yes
Total Parking
2
Off Street Parking Spaces
2
Building Sqft
1914
Year Built
1923
Built Prior to 1978
Yes
Lot Size (Side)
115
Acreage
0.08
Use Code
520 - 2-FAM DWELL:PLATTED LOT

Tax Info

Parcel #
010-026934-00
Tax Year
2025
Tax Abatement
Yes
Abatement End Date
2035-09-10
Taxes (Yrly)
592.1
Tax Incentive
Yes

2 Bedroom

2 Bedroom Month Rent Per Unit
1225

3 Bedroom

3 Bedroom # of Units
2

More Information

Expenses

R.E. Taxes
592.1

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
138.45
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

Active on MLS
2026-03-06
For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Turnkey Duplex Investment | Tax Abatement Through 2035 | Section 8 Income + Upside Fully rented duplex located at 1445-1447 Jefferson Ave, Columbus, OH 43211, offering immediate rental income with strong upside. Per the Franklin County Auditor, the property is recorded as a 6 bed / 2 bath (3 bed / 1 bath per unit). However, the current layout functions as 2 bed / 1 bath units and is currently rented as such. While the existing floorplan is more conducive to 2-bedroom use, a new owner with a creative approach may find a way to add a third bedroom, presenting a clear opportunity to further increase cash flow. Both units are currently leased, generating a gross monthly rent of $2,450. Both units are eligible for rent increases with CMHA, and the CMHA re-inspection has already been completed. The property also benefits from a tax abatement through 2035, resulting in extremely low annual property taxes of just $592.10, allowing investors to enjoy stronger cash flow for years to come. Major capital improvements have already been completed, including new furnaces and water heaters in 2018, new windows and siding in 2022, and a brand new roof installed in 2025, reducing near-term maintenance concerns. There is also significant long-term upside. CMHA currently allows up to $1,731/month for 3 bed / 1 bath units, meaning gross rents could potentially reach $3,462/month if configured and rented as 3-bedroom units as reflected in county records. Located in a strong Section 8 rental corridor in Linden, this property offers a combination of stable income, extremely low taxes, updated systems, and clear rent growth potential. Please do not disturb tenants. CURB OFFERS ONLY. Buyers will gain access to the property once an offer is accepted.

Income/Expenses

Gross Income
2450
Net Operating Income
0
Total Expenses
1

Addl Acceptance Cond

None Known
Yes

Construction

Vinyl Siding
Yes

Heat Fuel

Gas
Yes

Parking Features

On Street
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Miscellaneous

Basement
Yes

Tenant Pays

Gas
Yes
Sewer
Yes
Water
Yes
Electricity
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes
Other
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Vinyl Siding Water Source: Public Sewer: Public Sewer Miscellaneous: Basement New Financing: Conventional; Other MLS Primary PhotoSrc: Realtor Provided
Listing Office: Reafco
Listing Agent: Jeremy Melloul
Last Updated: March - 21 - 2026
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