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Hilltop Duplex with Long-Term Tenants
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189-191 S Highland Avenue, Columbus, OH 43223

Stabilized duplex in Columbus submarket with long-term tenants.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market105

Property Features for 189-191 S Highland Avenue

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Multifamily
Net Operating Income $2,000

Building Details

Year Built 1969
Units 2
Listing Agency: Chosen Real Estate Group
Listed By: Nicholas Huscroft · License #2022001015
Source: Crexi
Added: May 10 Changed: Aug 8 Last Checked: Aug 8 at 7:25AM

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 Chosen Real Estate Group

Investment Insights

Based on property information with market context.

This stabilized duplex, constructed in 1969, is located in a stable Columbus submarket. The masonry building features two 3-bedroom, 1-bathroom units with efficient floor plans. The property is fully occupied with active leases extending through April 1, 2027. Tenants are described as professional and long-term, managing minor upkeep and day-to-day maintenance, contributing to a low expense ratio. Tenants are responsible for all utilities. The property includes a 6,222 sq. ft. lot with off-street parking. Each unit has access to a large unfinished basement with high ceilings, currently used for laundry and storage. These basements offer potential for future finishing or additional utility under the 2026 Columbus building codes. The durable masonry/brick exterior walls minimize structural upkeep, making this property suitable for investors seeking consistent cash flow or buyers looking for a property with significant future finishing potential. The total monthly rent is $2,000, with each side generating $1,000.

Key Highlights

  • Fully occupied with long‑term, professional tenants and leases active through April 1, 2027, providing immediate and stable income.
  • Durable 1969 masonry/brick construction minimizes structural upkeep and ensures long‑term stability.
  • Tenants pay all utilities, resulting in a low expense ratio for the owner.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service 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.

Location Intelligence

Trade Area within ½ mile

554
Businesses Nearby

Demographics for 43223, OH

27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
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 - Stabilized duplex in Columbus submarket with long-term tenants.
Where is this duplex located?
The property is located at 189-191 S Highland Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Fully occupied with long‑term, professional tenants and leases active through April 1, 2027, providing immediate and stable income.; Durable 1969 masonry/brick construction minimizes structural upkeep and ensures long‑term stability.; Tenants pay all utilities, resulting in a low expense ratio for the owner.
(330) 249-3499 Call to check price and availability
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