529-531 Kelton Avenue, Columbus, OH 43205
New Listing
$325,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$325,000
List Date:
3/31/2026
Last Modified:
3/31/2026
Overview
Description
Rare, fully tax-abated brick duplex with savings in place through 2036. Located in a stable rental market with consistent demand, the property offers convenient access to Nationwide Children's Hospital, Franklin Park Conservatory and Botanical Gardens, downtown Columbus, and a wide range of nearby amenities. Each unit features three bedrooms and one bathroom, along with full basements that provide ample storage and a fenced-in backyard ideal for tenant use. Unit 529 is currently rented at $1,296 per month on a month-to-month lease, creating flexibility and a strong opportunity for an owner-occupant or rent optimization. Unit 531 is leased at $1,310 per month plus a $65 monthly water fee through May 30, 2026, ensuring immediate and stable cash flow, with tenants responsible for gas and electric. Numerous major improvements have already been completed, including furnaces and central AC units replaced in 2021, a new roof installed in 2023, front concrete steps replaced in 2023, rear porches replaced in 2021, and a new fence installed in 2021, providing added peace of mind and reducing near-term capital expenditures for the next owner. Pictures were taken prior to tenant move in and do not showcase new back porches.
Listing Details MLS# 226009748
Location Property Info
- Original List Price
- 325000
- Property Sub Type
- Duplex
- Street #
- 529-531
- Street Name
- Kelton
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43205
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2026-03-31
General Property Info
- Number of Units
- 2
- # of Buildings
- Yes
- Year Built
- 1900
- Built Prior to 1978
- Yes
Tax Info
- Parcel #
- 010-041033-00
- Tax Year
- 2025
- Tax Abatement
- Yes
- Abatement End Date
- 2036-12-31
- Taxes (Yrly)
- 1751
3 Bedroom
- 3 Bedroom # of Units
- 2
- 3 Bedroom Month Rent Per Unit
- 1310
Auction Info
- Auction/Online Bidding Y/N
- No
More Information
Location & Property Info
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Rare, fully tax-abated brick duplex with savings in place through 2036. Located in a stable rental market with consistent demand, the property offers convenient access to Nationwide Children's Hospital, Franklin Park Conservatory and Botanical Gardens, downtown Columbus, and a wide range of nearby amenities. Each unit features three bedrooms and one bathroom, along with full basements that provide ample storage and a fenced-in backyard ideal for tenant use. Unit 529 is currently rented at $1,296 per month on a month-to-month lease, creating flexibility and a strong opportunity for an owner-occupant or rent optimization. Unit 531 is leased at $1,310 per month plus a $65 monthly water fee through May 30, 2026, ensuring immediate and stable cash flow, with tenants responsible for gas and electric. Numerous major improvements have already been completed, including furnaces and central AC units replaced in 2021, a new roof installed in 2023, front concrete steps replaced in 2023, rear porches replaced in 2021, and a new fence installed in 2021, providing added peace of mind and reducing near-term capital expenditures for the next owner. Pictures were taken prior to tenant move in and do not showcase new back porches.
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
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- None
- Yes
Owner Pays
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Owner Pays:
Water
Tenant Pays:
Electricity; Gas
Heat Fuel:
Gas
Heating:
Forced Air
Air Conditioning:
None
Construction:
Brick
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Zeke Liston
Last Updated: March - 31 - 2026
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