Leased Duplex Investment
117-119 N Wheatland Avenue Columbus, OH 43204
117-119 N Wheatland Avenue, Columbus, OH, 43204
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For Sale
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Pending
Duplex with both units fully leased and separately metered utilities, plus recent roof and PVC drainage improvements.
Days on Market265
Property Features for 117-119 N Wheatland Avenue
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Building Details
- Year Built
- 1927
Listing agency
Sell For One Percent
Listed by
Jaime Barlow · License #2018005230
Source
Crexi
Added: Oct 31, 2025 Updated: Jul 21 at 8:03PM Checked: Jul 22 at 7:04AM
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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.
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
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FAQs
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