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Two-Unit Residential Income Duplex
For Sale
Contact for pricing
Pending

231 W Pacemont Road, Columbus, OH 43202

Duplex with two 2-bedroom units, each featuring a basement and garage, plus deferred maintenance and month-to-month tenants.

Property SizeContact for details
Days on Market189

Property Features for 231 W Pacemont Road

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily
Occupancy 100%
Net Operating Income $8,000

Additional Details

Multifamily Units 2

Building Details

Year Built 1943
Year Renovated 1995
Units 2
Tenancy Multi
Listing Agency: Take A Look RealEstate Brokers
Listed By: theresa barron · License #2010002720
Source: Crexi
Added: Mar 1 Changed: Aug 8 Last Checked: Jul 24 at 6:12PM

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 Take A Look RealEstate Brokers

Investment Insights

Based on property information with market context.

231–235 W Pacemont Road presents a two-unit residential income duplex with two 2-bedroom units, each including a basement and garage. The property has deferred maintenance, and both units are occupied by long-term tenants on a month-to-month basis who are not paying a market rate.

The property is located in Clintonville and is described as being a couple of blocks from the Olentangy Bike Trail and North High St, with minutes to the OSU campus.

From a configuration standpoint, the asset is set up as two separate units within a single duplex property, with basements and garages supporting tenant use. Prospective buyers should plan for deferred maintenance given the condition noted in the public remarks.

Key Highlights

  • Duplex at 231‑235 Pacemont with two 2‑bedroom units
  • Each unit includes a basement and a garage
  • Year built: 1943

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Hair Salon Building Supply HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 43202, OH

20,427
Population
10,055
Households
2
Avg Household Size
29
Median Age
62%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
8,171
Density / Sq Mi
$65,689
Median Household Income
$36,412
Median Earnings
$1,170
Median Rent
$317,000
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 - Duplex with two 2-bedroom units, each featuring a basement and garage, plus deferred maintenance and month-to-month tenants.
Where is this duplex located?
The property is located at 231 W Pacemont Road Columbus, OH.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Duplex at 231‑235 Pacemont with two 2‑bedroom units; Each unit includes a basement and a garage; Year built: 1943
More about this property
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