866-868 Sheridan Avenue, Columbus, OH 43209
$435,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
8,712
Status:
Pending
Current Price:
$435,000
List Date:
9/29/2025
Last Modified:
1/23/2026
Description
Discover this prime location, income generating multi-unit investment in Bexley, seconds from Capital University. These properties offer both convenience and appeal perfect for investors seeking stable rental income and long-term potential. This property offers excellent access to higher education, shopping & dining, making it highly attractive for students, faculty, and professionals.
Both units are currently leased, ensuring immediate occupancy & consistent rental revenue. Featuring comfortable & functional floor plans that resonate with renters. Proximity to university campuses, including Capital University, Franklin University, and the Columbus College of Art & Design, increases tenant pool and turnover ease.
Supplements: ********
More Information MLS# 225030311
Location & Property Info
List Price/SqFt: 190.79
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Bexley
Office/Contract Info
Active on MLS: 2025-08-14
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 2280
Lot Size (Side): 181
Number of Units: 2
Year Built: 1927
Acreage: 0.2
Tax Info
Tax Abatement: No
Taxes (Yrly): 5920
Parcel #: 020-003522
Tax Year: 2024
Remarks & Misc
Property Description: Discover this prime location, income generating multi-unit investment in Bexley, seconds from Capital University. These properties offer both convenience and appeal perfect for investors seeking stable rental income and long-term potential. This property offers excellent access to higher education, shopping & dining, making it highly attractive for students, faculty, and professionals.
Both units are currently leased, ensuring immediate occupancy & consistent rental revenue. Featuring comfortable & functional floor plans that resonate with renters. Proximity to university campuses, including Capital University, Franklin University, and the Columbus College of Art & Design, increases tenant pool and turnover ease.
Income/Expenses
Gross Income: 37320
Net Operating Income: 28920
Total Expenses: 8400
Addl Acceptance Cond
None Known: 1
Construction
Frame: 1
Vinyl Siding: 1
3 Bedroom
3 Bedroom # of Units: 2
Parking Features
On Street: 1
Assigned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 450000
List Price: $435,000
Property Sub Type: Duplex
Street #: 866-868
Street Name: Sheridan
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43209
Subdiv/Cmplx/Comm: Bexley/Capital University Area
School District: BEXLEY CSD 2501 FRA CO.
Township: None
OfficeContract Info
Status: Pending
MLS Entry Date: 2025-08-12
Status Change Info
Under Contract Date: 2026-01-23
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street; Assigned
Heating: Forced Air
Air Conditioning: Central Air
Construction: Frame; Vinyl Siding
Water Source: Public
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
EXP Realty, LLC
Listing Agent:
Rhiannon M Ferrari
Last Updated: January - 23 - 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 2025 Columbus Board of Realtors. All rights reserved.