415417 Morrison Avenue, Columbus, OH 43205
415417 Morrison Avenue, Columbus, OH 43205
415417 Morrison Avenue, Columbus, OH 43205
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Kami Berkey

Kami Berkey

+1(614) 801-1095
$615,000
Est. payment /mo
4,791 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Olde Towne East Area

MLS Listing ID 226009208

Year Built 1900

Annual Tax Amount $3,819

Lot Size 4,791 Sqft

Lot Dimensions 0.11

Property Sub-Type Duplex

Source Columbus and Central Ohio Regional MLS

Property Description

Discover a rare opportunity to own a fully renovated, tax-abated income-producing brick duplex in the highly sought-after Olde Towne East neighborhood of Columbus, Ohio. Ideal for owner-occupants and real estate investors alike, this substantial property spans 3,348 square feet across two generously sized units. Each unit features 4 bedrooms and 1.5 bathrooms, offering spacious and comfortable living for tenants. Both units are currently rented, generating immediate cash flow from day one, with Unit 415 renting for $1,920 per month and Unit 417 renting for $1,710 per month, for a combined gross monthly income of $3,630 and a gross annual income of $43,560. A concrete pad located at the rear of the property presents a ready-made opportunity to construct a garage, a feature that would significantly increase the overall value and rental appeal of the property. Olde Towne East is one of Columbus's most desirable and historically rich neighborhoods, known for its walkability, proximity to Downtown Columbus, and strong rental demand. Whether you are looking to house-hack, expand your rental portfolio, or secure a turnkey investment in one of Columbus's premier neighborhoods, this property offers exceptional value with strong existing income and future upside potential.

Location

State OH

County Franklin

Community Olde Towne East Area

Area 0.11

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-039222

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Listed by Brad Winter Engel & Volkers Real Estate Advisors

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Kami Berkey

Kami Berkey

+1(614) 801-1095

Agent | License ID: 2014002956

Agent License ID: 2014002956

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