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    363 S Chase Ave Columbus, OH 43204

    For Sale
    $285,000

    MULTI_FAMILY - Columbus, OH

    Lot size:
    0.16 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 363 S Chase Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    010-196063
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1948
    Number of units
    2

    Consultants Realty, LLC (614) 932-2000 [email protected]

    Listing agent Oliver Chapman (614) 738-0325

    Listing date Sep 2, 2025

    MLS# 225033201 Listing URL

    Copyright © 2025 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Columbus Duplex with NNN Lease

    This two-unit property is in an excellent location adjacent to Westgate and West High School. It presents a rare opportunity with a single NNN lease extending through December 2027, offering over two years without property tax, insurance, maintenance, property management fees, or turnover expenses. The property features numerous updates, including mostly new windows, remodeled kitchens, updated bathrooms, mechanical systems, electric, and a newer roof. Each unit is leased for $1,100 per month, generating a total gross monthly rent of $2,200 without expenses. The property includes a shared basement with laundry hookups and is very well maintained. There are four off-street parking spaces available. The lot size is 0.16 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Delaware
    State
    Ohio
    Longitude
    -83.076198
    Latitude
    39.947264

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with NNN lease until December 2027.
    Where is this duplex located?
    The property is located at 363 S Chase Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Single NNN lease in place through December 2027, eliminating property tax, insurance, maintenance, property management fees, and turnover expenses for over 2 years.; - Generates $2,200 per month in gross rental income.; - Excellent location adjacent to Westgate and West High School.
    (614) 738-0325
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    Columbus, OH 43204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    363 S Chase Ave Columbus, OH 43204
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