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403-05 E Welch Avenue Columbus, OH 43207

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For Sale
$350,000

Fully occupied duplex with long-term leases in place.

Type:Multifamily
Added:
Mar 14, 2026
Days on Market:
19
Last Refresh:
Mar 19 at 11:37 pm

Property Features for 403-05 E Welch Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1900

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Listing Contact
Cheryl Morgan

Listing agent Cheryl Morgan License #2017006363

Listing office Heart & HomePropertyManagement

Listing date Mar 14, 2026

Source Crexi

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


Overview

Columbus Duplex: Turnkey Investment

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.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Columbus
County
Delaware
State
Ohio
Longitude
-82.9848366
Latitude
39.9297512

FAQs

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.
More about this property
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