505-507 Catherine Street, Columbus, OH 43223
$235,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$235,000
List Date:
12/01/2025
Last Modified:
1/22/2026
Description
Well-maintained duplex offering two 2-bedroom, 1-bath units, each with a full basement. Both units were renovated in 2020 with updated flooring, kitchen cabinets, and appliances. Unit 505 has since been further upgraded with all-new LVP flooring throughout, fresh paint, quartz kitchen countertops, and updated light fixtures. Unit 507 is under a corporate lease generating $1,162/month through November 2026, and Unit 505 is month-to-month at $1,000/month, offering immediate flexibility for an investor. Tenants pay electric and gas; the owner covers water. Strong in-place income with near-term upside potential makes this an ideal addition to an investor portfolio.
Supplements: ********
More Information MLS# 225044396
Location & Property Info
List Price/SqFt: 122.97
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1911
Lot Size (Side): 114
Number of Units: 2
Year Built: 1928
Acreage: 0.08
Tax Info
Tax Abatement: No
Taxes (Yrly): 3199
Parcel #: 010-067590
Tax Year: 2024
Remarks & Misc
Property Description: Well-maintained duplex offering two 2-bedroom, 1-bath units, each with a full basement. Both units were renovated in 2020 with updated flooring, kitchen cabinets, and appliances. Unit 505 has since been further upgraded with all-new LVP flooring throughout, fresh paint, quartz kitchen countertops, and updated light fixtures. Unit 507 is under a corporate lease generating $1,162/month through November 2026, and Unit 505 is month-to-month at $1,000/month, offering immediate flexibility for an investor. Tenants pay electric and gas; the owner covers water. Strong in-place income with near-term upside potential makes this an ideal addition to an investor portfolio.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 2
Parking Features
2 Off Street: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Owner Pays
Water: 1
MLS Primary PhotoSrc
Print Without Photo: 1
Location Property Info
Original List Price: 250000
List Price: $235,000
Property Sub Type: Duplex
Street #: 505-507
Street Name: Catherine
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43223
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-12-01
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Off Street
Owner Pays: Water
Tenant Pays: Electricity; Gas
MLS Primary PhotoSrc: Print Without Photo
Listing Office:
Reafco
Listing Agent:
Remington Lyman
Last Updated: January - 22 - 2026
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