Back to Search

Columbus Duplex Rehab Opportunity

137 South Burgess Avenue Columbus, OH 43204

137 South Burgess Avenue, Columbus, OH, 43204

$140,000

For Sale

$140,000

Duplex for sale in Columbus, Ohio, with rehab potential.

Property Size1,878 SF

Price / SF$74.55

AddedApr 28

Days on Market80

Last RefreshJul 16 at 6:58 am

Property Features for 137 South Burgess Avenue

General Information

Standard status: Active
Size: 1,878 SF
Property subtype: Multi-Family / Duplex

Building Details

Year Built: 1924

Listing office Parker Realty Associates

Listing date Apr 28, 2026

Source Compass

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 Parker Realty Associates

Investment Insights

Based on property information with market context.

This property presents a rehab opportunity. It is subject to an unsafe order from the Department of Building and Zoning, which the new owner will be required to address. Please note that due to the court approval process, the closing timeline will be extended. An entry waiver is required due to the property's condition. The property size is 1878 square feet. The realtor is the receiver appointed by the Franklin County Municipal Court, Environmental Division.

Key Highlights

Opportunity to fully rehabilitate the property.
Potential to customize the property to personal preferences.
Property built in 1924.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$25.0k	$13.32
− Vacancy	−$1.6k	−$0.87
EGI	$23.4k	$12.45
− OpEx	−$10.5k	−$5.60
NOI	$12.9k	$6.85

1,878 SF · lease $13.32/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use

Multifamily LT 5

$228.4K

$199.9K – $266.5K (±1% cap)

NOI $15,991 @ 7.0% cap · market cap 11.42%

Second Best

Apartment 5plus

$183.8K

$160.8K – $214.4K (±1% cap)

NOI $12,864 @ 7.0% cap · market cap 9.19%

Theoretical Best

Office A

$391.4K

$342.5K – $456.6K (±1% cap)

NOI $27,397 @ 7.0% cap · market cap 19.57%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Similar For Sale Nearby

$150,000

4,120 SF

Retail Storefront with Basement Storage

Leased retail space built for furniture and appliance sales, featuring a basement storage area, cooking hood, and remodeled restroom.

744 Harrisburg Pike, Columbus, OH 43223

View Details
$399,000

2,144 SF

Two-Story Office Building with Separate Entrances

Two remodeled office suites on separate floors with independent entrances, plus an adjacent lot that can be used for private parking.

1689 E Main Street, Columbus, OH 43205

View Details
$2,900,000

30,746 SF

Temperature-Controlled Flex Building

Fully renovated, temperature-controlled flex building with heavy power, new sprinkler/roof, and three demised units.

1025 E 5th Avenue, Columbus, OH 43201

View Details
$2,650,000

7,500 SF

Flex Office & Multi-Bay Garage

Turnkey office suites and a 7-bay garage provide front-office and storage functionality in one package.

880 King Ave & 896 King Ave, Columbus, OH 43212

View Details
$800,000

6,194 SF

Freestanding Restaurant Building

Freestanding commercial building with a full basement and first-floor commercial kitchen area for restaurant operators.

1771 W 5th Ave, Columbus, OH 43212

View Details
$649,000

4,124 SF

Industrial Flex Building with Open Plates

A historic 1925 industrial building offering flexible open floor plates for studio, production, light fabrication, or service use.

1171 North Grant Avenue, Columbus, OH 43201

View Details
$1,750,000

40,763 SF

Masonry Office Building with Parking

A Columbus office building with 220 parking spaces, elevator service, and C-4 zoning, positioned for owner-user or conversion.

6500-6500 Busch Blvd, Columbus, OH 43229

View Details
$193,000

1,331 SF

Leased Office Building with Mixed-Use Zoning

Fully built out office property currently leased to professional tenants, with mixed-use residential zoning for future options.

17 E Kossuth Street, Columbus, OH 43206

View Details
$193,000

1,331 SF

Leased Office Space in German Village

Fully built-out office space at 15 E Kossuth Street is currently leased to professional office tenants.

15 E Kossuth Street, Columbus, OH 43206

View Details
$499,000

3,240 SF

Two-Story Office Building with Separate Entrances

Well-maintained, ADA-accessible office building with ample parking and a layout designed for privacy or dual-use flexibility.

2505 Woodley Road, Columbus, OH 43231

View Details
$5,074,634

13,806 SF

Columbus Retail Strip Center

13,806 SF retail strip center in Columbus, Ohio.

4030-4038 Morse Rd, Columbus, OH 43219

View Details
$1,575,000

13,200 SF

High Street Commercial Building

13,200 SF building on High Street with flexible layout.

1885-1895 S High St, Columbus, OH 43207

View Details

For sale
Duplexes
OH
Columbus
43204
137 South Burgess Avenue

What type of property is this?

Duplex - Duplex for sale in Columbus, Ohio, with rehab potential.

Where is this duplex located?

The property is located at 137 South Burgess Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Opportunity to fully rehabilitate the property.; Potential to customize the property to personal preferences.; Property built in 1924.