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Duplex with Hardwood Floors
For Sale
$499,900

2406-2408 Indianola Avenue, Columbus, OH 43202

Occupancy extends through July 31, 2027, with tenants responsible for utilities and water billed separately.

Property SizeContact for details
Days on Market24

Property Features for 2406-2408 Indianola Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,770

Building Details

Year Built 1910
Units 2
Listing Agency: Cutler Real Estate
Listed By: Jeffery W Ruff · License #367716
Source: Hcblandrealty
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 30 at 5:40PM

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 Cutler Real Estate

Investment Insights

Based on property information with market context.

Built in 1910, this two-unit duplex features hardwood flooring throughout. Unit 2406 includes three bedrooms and one full bath on the second floor, plus one bedroom and a full bath on the third floor. Unit 2408 offers three bedrooms and one full bath.

The property is fully leased through July 31, 2027, and tenants pay all utilities. Water is billed at $35 per person/month. Roof and gutter work was completed in 2020, while the hot water tank serving Unit 2406 was replaced in 2019.

The duplex sits between Clintonville and the OSU campus. It may also be purchased with 2513-2515 Indianola as a package.

Key Highlights

  • Fully leased through July 31, 2027
  • Tenants pay all utilities; water billed at $35 per person/month
  • Unit 2406 includes 4 bedrooms and 2 full baths across the 2nd and 3rd floors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Nail 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.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

801
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 - Occupancy extends through July 31, 2027, with tenants responsible for utilities and water billed separately.
Where is this duplex located?
The property is located at 2406-2408 Indianola Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Fully leased through July 31, 2027; Tenants pay all utilities; water billed at $35 per person/month; Unit 2406 includes 4 bedrooms and 2 full baths across the 2nd and 3rd floors
More about this property
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