637 S Wheatland Avenue, 639, Columbus, OH 43204
New Listing
$215,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$215,000
List Date:
2/15/2026
Last Modified:
2/15/2026
Description
Hit the ground running with this turnkey investment opportunity featuring one unit with a quality tenant in place who wants to stay long-term, while the second unit is vacant and rent-ready for immediate income maximization. Recent improvements include a new roof installed in April 2024, new hot water heater in one unit, and new furnace in the other, significantly reducing your near-term maintenance costs. Each side offers 2 bedrooms, 1 full bathroom, and generous kitchen space, an ideal layout that appeals to a broad tenant pool and minimizes vacancy risk. This property delivers strong rental demand in the area with immediate cash flow potential, making it perfect for both owner occupants as well as investors looking to establish their rental portfolio or seasoned investors seeking a scalable addition with reduced upfront costs. Call your agent today!
Supplements: ********
More Information MLS# 226004306
Location & Property Info
List Price/SqFt: 127.98
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: 1680
Lot Size (Side): 119
Number of Units: 2
Year Built: 1950
Acreage: 0.17
Tax Info
Tax Abatement: No
Taxes (Yrly): 2429
Parcel #: 010-094529
Tax Year: 2024
Remarks & Misc
Property Description: Hit the ground running with this turnkey investment opportunity featuring one unit with a quality tenant in place who wants to stay long-term, while the second unit is vacant and rent-ready for immediate income maximization. Recent improvements include a new roof installed in April 2024, new hot water heater in one unit, and new furnace in the other, significantly reducing your near-term maintenance costs. Each side offers 2 bedrooms, 1 full bathroom, and generous kitchen space, an ideal layout that appeals to a broad tenant pool and minimizes vacancy risk. This property delivers strong rental demand in the area with immediate cash flow potential, making it perfect for both owner occupants as well as investors looking to establish their rental portfolio or seasoned investors seeking a scalable addition with reduced upfront costs. Call your agent today!
Income/Expenses
Gross Income: 13524
Net Operating Income: 5136
Total Expenses: 8388
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1127
Construction
Block: 1
Aluminum: 1
Heat Fuel
Gas: 1
Parking Features
On Street: 1
Sewer
Public Sewer: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Owner Pays
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 215000
List Price: $215,000
Property Sub Type: Duplex
Street #: 637
Street PreDirection: S
Street Name: Wheatland
Street Suffix: Avenue
Unit/Suite #: 639
County: Franklin
State: OH
Zip Code: 43204
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-02-15
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street
Owner Pays: Sewer; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Window Unit(s)
Construction: Aluminum; Block
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Sell For One Percent
Listing Agent:
Jaime Barlow
Last Updated: February - 15 - 2026
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