Four-Property Duplex
New
For Sale
$169,997
10401042 1040-1042 Loretta Ave, Columbus, OH 43211
Four professionally managed duplexes with tenant-paid utilities and one vacant unit available for owner occupancy or inspection.
Property SizeContact for details
Days on Market3
Property Features for 10401042 1040-1042 Loretta Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
8
Building Details
Year Built
1950
Buildings
4
Listing Agency:
Cap Rate Realty
Listed By:
Tristam Griffith · License #2017001343
(614) 506-3086
Source:
Thelorilynngroup
Added: Sep 6
Changed: Sep 8
Last Checked: Sep 7 at 10:52AM
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 at 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave in Columbus. Built in 1950, the properties share the same unit layout, and one unit is vacant while the remaining units are occupied. The vacant unit is the only one available for viewing before contract acceptance, and its condition may differ from older marketing photos.
Professional management has been in place for an extended period, with the current manager willing to continue after closing. Tenants pay all utilities, water is separately sub-metered, and trash service is provided through the City of Columbus. All tenants are current on rent, with several long-term residents. The properties are offered as-is.
Professional management has been in place for an extended period, with the current manager willing to continue after closing. Tenants pay all utilities, water is separately sub-metered, and trash service is provided through the City of Columbus. All tenants are current on rent, with several long-term residents. The properties are offered as-is.
Key Highlights
- Four duplex properties totaling 8 units
- One unit is vacant; remaining units are occupied
- Addresses include Loretta Ave and Republic Ave in Columbus, OH 43211
Property Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Four professionally managed duplexes with tenant-paid utilities and one vacant unit available for owner occupancy or inspection.
Where is this duplex located?
The property is located at 10401042 1040-1042 Loretta Ave 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 duplex properties totaling 8 units; One unit is vacant; remaining units are occupied; Addresses include Loretta Ave and Republic Ave in Columbus, OH 43211
