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Leased Duplex Investment Property
For Sale
Contact for pricing
Pending

117-119 N Wheatland Avenue, Columbus, OH 43204

Duplex with both units fully leased and separately metered utilities, plus recent roof and PVC drainage improvements.

Property SizeContact for details
Days on Market311

Property Features for 117-119 N Wheatland Avenue

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1927
Units 2
Listing Agency: Sell For One Percent
Listed By: Jaime Barlow · License #2018005230
Source: Crexi
Added: Oct 31, 2025 Changed: Aug 8 Last Checked: Jul 24 at 6:08PM

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 Sell For One Percent

Investment Insights

Based on property information with market context.

This solid income-producing duplex offers two fully leased units. Each unit is well maintained with updated heating equipment, and recent improvements include a new roof installed in June 2025 and newly installed PVC drainage lines on both sides for improved water management.

Tenants are responsible for all utilities. The 117 side includes a York furnace from 2015 and a HWT from 2006, while the 119 side includes a newer Goodman furnace and a HWT from 2010; both systems are described as being in excellent condition.

At closing, the buyer will receive a $4,800 credit representing tenant deposits and last month’s rent, along with prorated rents. The property is also noted as eligible for the City of Columbus sump pump program for free installation if the buyer chooses to enroll.

Key Highlights

  • Income‑producing duplex built in 1927 with both units fully leased at $1,200/month for $2,400 gross monthly rent
  • Tenants pay all utilities; units are separately metered
  • New roof installed June 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon

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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
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 - Duplex with both units fully leased and separately metered utilities, plus recent roof and PVC drainage improvements.
Where is this duplex located?
The property is located at 117-119 N Wheatland Avenue Columbus, OH.
What are key features of this property?
This property features: Income‑producing duplex built in 1927 with both units fully leased at $1,200/month for $2,400 gross monthly rent; Tenants pay all utilities; units are separately metered; New roof installed June 2025
More about this property
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