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$325,000
Est. payment /mo
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 226009748
Year Built 1900
Annual Tax Amount $1,751
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
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.
Location
State OH
County Franklin
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling None
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-041033-00
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Listed by Zeke Liston Red 1 Realty
Nearby Locations
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