Turnkey Duplex Investment
1445-1447 Jefferson Avenue, Columbus, OH 43211
Fully rented duplex with tax abatement and income upside.
Type:Multifamily
- Added:
- Mar 5, 2026
- Days on Market:
- 86
- Last Refresh:
- Mar 21 at 8:35 pm
Property Features for 1445-1447 Jefferson Avenue
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1923
Listing agent Jeremy Melloul License #2023005866
Listing office Reafco
Listing date Mar 5, 2026
Source Crexi
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 Reafco
HighLights
- Tax abatement through 2035 resulting in extremely low annual property taxes of just $592.10.
- Fully rented duplex generating $2,450/month ($29,400/year) in gross income through Section 8, with potential to increase to $2,570/month ($30,840/year) with CMHA rent increase.
- Major capital improvements completed: new HVAC and water heaters (2018), new windows and siding (2022), new sewer line, and new roof (2025).
- Potential to increase gross rents to $3,462/month by leasing each unit as its true 3 bed / 1 bath layout.
- Turnkey investment property providing immediate rental income.
- Located in a strong Section 8 rental corridor in Linden.
Overview
This is a fully rented duplex located at 1445-1447 Jefferson Ave, Columbus, OH 43211, offering immediate rental income. According to the Franklin County Auditor, the property is recorded as a 6 bed / 2 bath (3 bed / 1 bath per unit). The current owner rents the property as a 4 bed / 2 bath (2 bed / 1 bath per unit) by preference, creating additional revenue potential by leasing each unit as its true 3 bed / 1 bath layout. Both units are currently leased through Section 8, producing $2,450/month ($29,400/year) in gross income. Both units are eligible for a CMHA rent increase, bringing potential gross income to $2,570/month ($30,840/year). The property benefits from a tax abatement through 2035, resulting in annual property taxes of $592.10. Major capital improvements have been completed, including new HVAC and water heaters in 2018, new windows and siding in 2022, a new sewer line, and a new roof installed in 2025. CMHA currently allows up to $1,731/month for 3 bed / 1 bath units, meaning gross rents could potentially reach $3,462/month if rented as true 3-bedroom units as already reflected in county records. Located in a strong Section 8 rental corridor in Linden, this property offers a combination of stable income, low taxes, updated systems, and rent growth potential.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -82.9836859
- Latitude
- 39.9944793
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully rented duplex with tax abatement and income upside.
Where is this duplex located?
The property is located at 1445-1447 Jefferson Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Tax abatement through 2035 resulting in extremely low annual property taxes of just $592.10.; Fully rented duplex generating $2,450/month ($29,400/year) in gross income through Section 8, with potential to increase to $2,570/month ($30,840/year) with CMHA rent increase.; Major capital improvements completed: new HVAC and water heaters (2018), new windows and siding (2022), new sewer line, and new roof (2025).
