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    266 Miller Ave Columbus, OH 43205

    Sponsored
    For Sale
    $525,000

    Turnkey Duplex, High Returns, Fully Furnished

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This Columbus, Ohio duplex, located at 266 Miller Avenue, presents a remarkable investment opportunity. Built in 1900 and extensively renovated in 2017, this property boasts two units, each featuring two bedrooms and one bathroom. The flexible den space in each unit allows for maximum occupancy and rental income. Currently operating as a highly successful Airbnb, this turnkey property generated a gross income of $56,000 in 2024. All furnishings, appliances, and linens are included, eliminating the need for any upfront investment in these areas. The property sits on a 3,049.2 square foot lot and is priced at $525,000, translating to $232.71 per square foot. This exceptional property offers a blend of historical charm and modern updates, making it an ideal investment for both seasoned investors and those seeking a lucrative house-hacking opportunity. The property's location in Columbus, Ohio, within the 43205 zip code, ensures easy access to the city's amenities and attractions. This is a rare opportunity to acquire a fully operational, high-yielding investment property with minimal effort required to begin generating income. The property's proven track record and turnkey nature make it an exceptionally attractive proposition.

    Property Features for 266 Miller Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built/Renovated
    1900/2017
    Units
    2

    HighLights

    • $525,000 asking price.
    • Multifamily property, specifically a duplex, in Columbus, OH.
    • Two units, each with two bedrooms and one bath.
    • 3,049.2 sq ft lot.
    • Built in 1900, renovated in 2017.
    • $232.71 price per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9602109
    Latitude
    39.9611701

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    FAQs

    What type of property is this?
    Multifamily property - Turnkey Duplex, High Returns, Fully Furnished
    Where is this multifamily property located?
    The property is located at 266 Miller Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: $525,000 asking price.; Multifamily property, specifically a duplex, in Columbus, OH.; Two units, each with two bedrooms and one bath.
    Request Owner's contact information
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    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
    266 Miller Ave Columbus, OH 43205
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