415-417 Morrison Avenue, Columbus, OH 43205
$615,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$615,000
List Date:
3/26/2026
Last Modified:
3/26/2026
Overview
Description
Discover a rare opportunity to own a fully renovated, tax-abated income-producing brick duplex in the highly sought-after Olde Towne East neighborhood of Columbus, Ohio. Ideal for owner-occupants and real estate investors alike, this substantial property spans 3,348 square feet across two generously sized units. Each unit features 4 bedrooms and 1.5 bathrooms, offering spacious and comfortable living for tenants. Both units are currently rented, generating immediate cash flow from day one, with Unit 415 renting for $1,920 per month and Unit 417 renting for $1,710 per month, for a combined gross monthly income of $3,630 and a gross annual income of $43,560. A concrete pad located at the rear of the property presents a ready-made opportunity to construct a garage, a feature that would significantly increase the overall value and rental appeal of the property. Olde Towne East is one of Columbus's most desirable and historically rich neighborhoods, known for its walkability, proximity to Downtown Columbus, and strong rental demand. Whether you are looking to house-hack, expand your rental portfolio, or secure a turnkey investment in one of Columbus's premier neighborhoods, this property offers exceptional value with strong existing income and future upside potential.
Listing Details MLS# 226009208
Location Property Info
- Original List Price
- 615000
- Property Sub Type
- Duplex
- Street #
- 415-417
- Street Name
- Morrison
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43205
- Subdiv/Cmplx/Comm
- Olde Towne East Area
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-03-26
General Property Info
- Number of Units
- 2
- Off Street Parking Spaces
- 4
- Building Sqft
- 3348
- Year Built
- 1900
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Lot Size (Side)
- 120
- Acreage
- 0.11
Tax Info
- Parcel #
- 010-039222
- Tax Year
- 2024
- Tax Abatement
- Yes
- Abatement End Date
- 2029-12-31
- Taxes (Yrly)
- 3819
Financials
- Gross Rental Income
- 43560
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Location & Property Info
- List Price/SqFt
- 183.69
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Discover a rare opportunity to own a fully renovated, tax-abated income-producing brick duplex in the highly sought-after Olde Towne East neighborhood of Columbus, Ohio. Ideal for owner-occupants and real estate investors alike, this substantial property spans 3,348 square feet across two generously sized units. Each unit features 4 bedrooms and 1.5 bathrooms, offering spacious and comfortable living for tenants. Both units are currently rented, generating immediate cash flow from day one, with Unit 415 renting for $1,920 per month and Unit 417 renting for $1,710 per month, for a combined gross monthly income of $3,630 and a gross annual income of $43,560. A concrete pad located at the rear of the property presents a ready-made opportunity to construct a garage, a feature that would significantly increase the overall value and rental appeal of the property. Olde Towne East is one of Columbus's most desirable and historically rich neighborhoods, known for its walkability, proximity to Downtown Columbus, and strong rental demand. Whether you are looking to house-hack, expand your rental portfolio, or secure a turnkey investment in one of Columbus's premier neighborhoods, this property offers exceptional value with strong existing income and future upside potential.
Income/Expenses
- Gross Income
- 43560
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- 2 Off Street
- Yes
- No Garage
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Print Without Photo
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
2 Off Street; No Garage
Owner Pays:
Sewer; Trash; Water
Tenant Pays:
Electricity; Gas
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Brick
Water Source:
Public
Sewer:
Public Sewer
Miscellaneous:
Basement
MLS Primary PhotoSrc:
Print Without Photo
Listing Office:
Engel & Volkers Real Estate Advisors
Listing Agent:
Brad Winter
Last Updated: March - 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.