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    1786 Rich St Columbus, OH 43205

    Sponsored
    For Sale
    $419,000

    Renovated Duplex, 2 Units, Huge Lot

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    348
    This exceptional Columbus duplex presents a fantastic investment opportunity. Located at 1786 E Rich Street, this property boasts two units, each featuring two bedrooms and 1.5 bathrooms. A complete renovation was undertaken five years ago, resulting in updated kitchens and bathrooms throughout. The units also include the convenience of second-floor laundry. Situated on a substantial 6,534 square foot lot, the property offers a fenced backyard and valuable off-street parking—a rare find in this desirable area. The building, constructed in 1909, is ideally positioned a quarter-mile from Franklin Park and approximately half a mile from Bexley and Capital University, providing residents with easy access to green spaces, higher education, and local amenities. The asking price is $419,000, translating to $165.09 per square foot. This turnkey duplex is ready for immediate occupancy and offers strong potential for rental income and long-term appreciation. The property's prime location and recent renovations make it an attractive investment for both seasoned and first-time investors seeking a profitable and well-maintained multifamily property in the heart of Columbus, Ohio. The address is 1786 E Rich Street, Columbus, OH 43205.

    Property Features for 1786 Rich St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1909
    Units
    2

    HighLights

    • $419,000 asking price for this Columbus, OH multifamily property.
    • Two‑unit apartment building, a duplex.
    • $165.09 price per square foot.
    • Built in 1909, situated on a 6,534 sq ft lot.
    • Fully renovated five years ago, offering turnkey investment opportunity.
    • Each unit features two bedrooms and 1.5 bathrooms, with second‑floor laundry, updated kitchens and bathrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9517312
    Latitude
    39.9589399

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    FAQs

    What type of property is this?
    Multifamily property - Renovated Duplex, 2 Units, Huge Lot
    Where is this multifamily property located?
    The property is located at 1786 Rich St Columbus, OH.
    What is the asking price?
    The asking price for this property is $419,000.
    What are key features of this property?
    This property features: $419,000 asking price for this Columbus, OH multifamily property.; Two-unit apartment building, a duplex.; $165.09 price per square foot.
    Request Owner's contact information
    1786 Rich St Columbus, OH 43205
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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
    1786 Rich St Columbus, OH 43205
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