585-587 S Burgess Avenue, Columbus, OH 43204

$260,000
Property Type: Multi-Family Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $260,000 List Date: 4/21/2026 Last Modified: 5/04/2026

Overview

Description

Fully rented duplex offering immediate cash flow opportunity. Both sides are leased through early 2027, providing stable, reliable income from day one. Each unit has been remodeled in recent years, allowing an investor to step into a well-maintained property without the need for major updates. Strong rental demand in the area combined with long-term tenants makes this an attractive addition to any portfolio.

Listing Details MLS# 226013114

Location Property Info

Original List Price
260000
Property Sub Type
Duplex
Street #
585-587
Street PreDirection
S
Street Name
Burgess
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43204
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-04-21

General Property Info

Number of Units
2
Building Sqft
2352
Year Built
1926
Built Prior to 1978
Yes
Lot Size (Side)
144
Acreage
0.11

Tax Info

Parcel #
010-068321
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
2840

3 Bedroom

3 Bedroom # of Units
2

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

List Price/SqFt
110.54
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Fully rented duplex offering immediate cash flow opportunity. Both sides are leased through early 2027, providing stable, reliable income from day one. Each unit has been remodeled in recent years, allowing an investor to step into a well-maintained property without the need for major updates. Strong rental demand in the area combined with long-term tenants makes this an attractive addition to any portfolio.

Income/Expenses

Gross Income
28800
Net Operating Income
23800
Total Expenses
5000

Addl Acceptance Cond

None Known
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: EXP Realty, LLC
Listing Agent: Rhiannon M Ferrari
Last Updated: May - 04 - 2026
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