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Updated Duplex in Merion Village
For Sale
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366-368 Morrill Avenue, Columbus, OH 43207

Fully updated duplex with immediate income and upside potential.

Property SizeContact for details
Days on Market173

Property Features for 366-368 Morrill Avenue

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $24,483

Building Details

Year Built 1910
Year Renovated 2018
Units 2
Listing Agency: OwnerLand Realty, Inc.
Listed By: Brandon Alfriend · License #2017005814
Source: Crexi
Added: Mar 17 Changed: Aug 28 Last Checked: Sep 4 at 3:49PM

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 OwnerLand Realty, Inc.

Investment Insights

Based on property information with market context.

This fully updated duplex in Merion Village offers immediate income and real upside. Each unit features 3 bedrooms and 1 full bath. The units have modern kitchens, updated bathrooms, newer flooring, windows, HVAC, water heaters, and fixtures throughout. Unit 366 is currently leased at $1,275 per month through April 2026, providing instant cash flow, with market rent estimated around $1,400 per month. Unit 368 has been owner occupied for the past two years and will be delivered vacant at closing, perfect for an owner occupant looking to offset their payment or an investor ready to place a new tenant at market rates. Tenants pay their own utilities, helping keep expenses manageable. The property is in a convenient location close to downtown Columbus, major highways, parks, dining, and shopping with strong rental demand.

Key Highlights

  • Immediate income from a leased unit ($1,275/month) with a long‑term lease (through April 2026).
  • One unit delivered vacant, ideal for owner‑occupancy or immediate tenant placement at market rent.
  • Fully updated duplex with modern kitchens and bathrooms, newer flooring, windows, HVAC, water heaters, and fixtures.**

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic 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.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 43207, OH

46,853
Population
21,242
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
85%
High-School Grad
23.1 sq mi
ZIP Area
2,028
Density / Sq Mi
$61,307
Median Household Income
$40,037
Median Earnings
$1,115
Median Rent
$156,200
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 - Fully updated duplex with immediate income and upside potential.
Where is this duplex located?
The property is located at 366-368 Morrill Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Immediate income from a leased unit ($1,275/month) with a long‑term lease (through April 2026).; One unit delivered vacant, ideal for owner‑occupancy or immediate tenant placement at market rent.; Fully updated duplex with modern kitchens and bathrooms, newer flooring, windows, HVAC, water heaters, and fixtures.**
(614) 706-1115 Call to check price and availability
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