Columbus Duplex: Turnkey
For Sale
Contact for pricing
403-05 E Welch Avenue, Columbus, OH 43207
Fully occupied duplex with long-term leases in place.
Property SizeContact for details
Days on Market171
Property Features for 403-05 E Welch Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$21,400
Building Details
Year Built
1900
Units
2
Listing Agency:
Heart & HomePropertyManagement
(614) 581-4057
Listed By:
Cheryl Morgan · License #2017006363
Source:
Crexi
Added: Mar 14
Changed: Aug 26
Last Checked: Aug 31 at 2:03AM
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 Heart & HomePropertyManagement
Investment Insights
Based on property information with market context.
This fully occupied duplex in Columbus presents a turnkey investment opportunity. The well-maintained property consists of two units with existing long-term leases and stable tenants. Unit 403 features 3 bedrooms and 1.5 bathrooms and is currently rented for $1,300 per month through November 2026. Unit 405 includes 2 bedrooms and 1.5 bathrooms, with a lease extending through January 2027. This unit is furnished and includes a washer and dryer. The property also features a divided garage for tenant use and a fenced yard. Both units are equipped with central air, and the furnaces and hot water tanks are newer. Tenants are responsible for all utility payments. Unit 405 was previously operated as a mid-term rental, generating $2,200 per month, and could be converted back to that model when the current tenant vacates. The property is being sold AS IS and is professionally managed.
Key Highlights
- Turnkey investment property: Fully occupied duplex with stable tenants and long‑term leases in place.
- Positive Cash Flow: Unit 403 rents for $1,300/month, and Unit 405 has mid‑term rental potential of $2,200/month.
- Long‑term leases: Leases in place through 11/2026 and 1/2027.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with long-term leases in place.
Where is this duplex located?
The property is located at 403-05 E Welch Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turnkey investment property: Fully occupied duplex with stable tenants and long‑term leases in place.; Positive Cash Flow: Unit 403 rents for $1,300/month, and Unit 405 has mid‑term rental potential of $2,200/month.; Long‑term leases: Leases in place through 11/2026 and 1/2027.
