Building Details

Year Built 1924

Units 2

Listing Agency: Red 1 Realty p***@gmail.com Show Phone

Listed By: Paige Petrevski · License #2014002723

Source: Crexi

Added: May 8 Changed: Aug 17 Last Checked: Aug 29 at 3:56AM

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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 Red 1 Realty

Investment Insights

Based on property information with market context.

This side-by-side duplex in Columbus presents an investment opportunity with a history of strong rental performance. Each of the two units features 3 bedrooms and 1 bathroom. The property is being sold AS-IS and requires some TLC to reach its full market potential. Several major updates have been completed, including vinyl siding installed in 2012, new electric panels for both units in 2020 and 2021, new furnaces in both units in 2022, a rebuilt front porch in 2022, and a new roof with all new wood sheathing in 2023. Both units are currently vacant, offering flexibility for renovations, new tenants, or owner occupancy.

Key Highlights

• New roof with all new wood sheathing (2023).
• New furnaces in both units (2022).
• New electric panels on both sides (2020/2021).

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Parking Lot & Garage

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

619

Businesses Nearby

Explore this area Business Placement

Demographics for 43204, OH

42,315

Population

19,286

Households

2.2

Avg Household Size

35

Median Age

25%

College-Educated

84%

High-School Grad

9.4 sq mi

ZIP Area

4,502

Density / Sq Mi

$59,158

Median Household Income

$38,610

Median Earnings

$1,206

Median Rent

$170,900

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 - Side-by-side duplex in Columbus with significant recent improvements.

Where is this duplex located?

The property is located at 255-257 S Eureka Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $186,500.

What are key features of this property?

This property features: New roof with all new wood sheathing (2023).; New furnaces in both units (2022).; New electric panels on both sides (2020/2021).