2407 Summit Street, Columbus, OH 43202
$385,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$385,000
List Date:
5/11/2026
Last Modified:
5/26/2026
Overview
Description
Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. All units are currently occupied, providing immediate in-place cash flow. The property also features a detached garage, offering additional tenant convenience and potential added value. Unit 2407 features 1 bedroom and 1 bathroom and is currently rented for $1,000 per month plus a $50 monthly water/sewer/trash fee on a month-to-month lease, presenting an excellent opportunity for an investor to reposition rents to market rates or for an owner-occupant seeking a house hacking opportunity. Unit 2407 1/2 features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through June 30, 2027, providing stable rental income. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.
Listing Details MLS# 226016370
Location Property Info
- Original List Price
- 385000
- Property Sub Type
- Duplex
- Street #
- 2407
- Street Name
- Summit
- Street Suffix
- Street
- County
- Franklin
- State
- OH
- Zip Code
- 43202
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-05-11
General Property Info
- Number of Units
- 2
- Year Built
- 1925
- Built Prior to 1978
- Yes
Tax Info
- Parcel #
- 010-006070-00
- Tax Year
- 2025
- Tax Abatement
- No
- Taxes (Yrly)
- 5509
1 Bedroom
- 1 Bedroom # of Units
- Yes
- 1 Bedroom Month Rent Per Unit
- 1000
Other
- Other # of Units
- Yes
- Other Month Rent Per Unit
- 1375
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. All units are currently occupied, providing immediate in-place cash flow. The property also features a detached garage, offering additional tenant convenience and potential added value. Unit 2407 features 1 bedroom and 1 bathroom and is currently rented for $1,000 per month plus a $50 monthly water/sewer/trash fee on a month-to-month lease, presenting an excellent opportunity for an investor to reposition rents to market rates or for an owner-occupant seeking a house hacking opportunity. Unit 2407 1/2 features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through June 30, 2027, providing stable rental income. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- 2 Car Garage
- Yes
- Detached Garage
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Heat Pump
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Car Garage; Detached Garage
Owner Pays:
Sewer; Trash; Water
Tenant Pays:
Electricity; Gas
Heat Fuel:
Gas
Heating:
Heat Pump
Air Conditioning:
Central Air
Construction:
Brick
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Zeke Liston
Last Updated: May - 26 - 2026
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.