Turnkey Duplex Investment
For Sale
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1445-1447 Jefferson Avenue, Columbus, OH 43211
Fully rented duplex with tax abatement and income upside.
Property SizeContact for details
Days on Market161
Property Features for 1445-1447 Jefferson Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R3-H-35
Building Details
Year Built
1923
Listing Agency:
Reafco
Listed By:
Jeremy Melloul · License #2023005866
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:39AM
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
Investment Insights
Based on property information with market context.
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.
Key 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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 43211, OH
23,160
Population
9,956
Households
2.3
Avg Household Size
32
Median Age
11%
College-Educated
77%
High-School Grad
4.7 sq mi
ZIP Area
4,928
Density / Sq Mi
$38,715
Median Household Income
$28,601
Median Earnings
$1,057
Median Rent
$91,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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).
