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Four-Duplex Multifamily Portfolio
For Sale
$169,997

1040-1042 Loretta Avenue, Columbus, OH 43211

Four duplex properties offer consistent layouts, professional management, and tenant-paid utilities across the portfolio.

Property SizeContact for details
Days on Market100

Property Features for 1040-1042 Loretta Avenue

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $1,792

Building Details

Year Built 1950
Buildings 4
Listing Agency: Cap Rate Realty
Listed By: Tristam Griffith · License #2017001343
Source: Camtaylor
Added: May 15 Changed: Aug 15 Last Checked: Aug 22 at 10:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Realty

Investment Insights

Based on property information with market context.

This offering includes four duplex properties comprising 8 total units, with each unit featuring the same layout. One unit is vacant, while the remaining units are occupied by tenants who are current on rent. The properties are being sold as-is, and the available vacant unit provides the opportunity to view the layout before contract acceptance. The buildings were constructed in 1950.

The portfolio includes 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave in Columbus, Ohio. Tenants pay all utilities, and water service is separately sub-metered. Trash service is provided through the City of Columbus. The properties have been professionally managed over the long term, and the current management team is willing to continue after a sale. A rent roll is available in the listing documents.

Key Highlights

  • Four duplexes included in the offering
  • 8 total units with 1 unit currently vacant
  • Properties located on Loretta Ave and Republic Ave in Columbus, Ohio

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

Demographics for 43211, OH

23,160
Population
9,956
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
77%
High-School Grad
4.7 sq mi
ZIP Area
4,928
Density / Sq Mi
$38,715
Median Household Income
$28,601
Median Earnings
$1,057
Median Rent
$91,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Four duplex properties offer consistent layouts, professional management, and tenant-paid utilities across the portfolio.
Where is this duplex located?
The property is located at 1040-1042 Loretta Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $169,997.
What are key features of this property?
This property features: Four duplexes included in the offering; 8 total units with 1 unit currently vacant; Properties located on Loretta Ave and Republic Ave in Columbus, Ohio
More about this property
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