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Updated Duplex with Detached Garage
For Sale
$225,000

505-507 Catherine Street, Columbus, OH 43223

Two residential units offer separate utilities, full basements, and a practical layout across multiple levels.

Property SizeContact for details
Days on Market52

Property Features for 505-507 Catherine Street

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Buildings 1
Listing Agency: Reafco
Listed By: Remington Lyman · License #2022001862
Source: Maryhatem
Added: Jul 20 Changed: Sep 8 Last Checked: Aug 25 at 9:52AM

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 Reafco

Investment Insights

Based on property information with market context.

This 1928 duplex contains two tenant-occupied units, each arranged with a living room and kitchen on the main level, two bedrooms and a full bathroom upstairs, plus a full basement. Separate utilities serve the apartments, with tenants responsible for gas and electric while the owner pays water. A detached two-car garage provides additional on-site storage and parking capacity.

Recent work includes a furnace and ductwork replacement in Unit 505, new ductwork in Unit 507, newer water heaters, exterior painting, and landscaping improvements. Unit 505 also features fresh interior paint, luxury vinyl plank flooring, and quartz countertops. The property is located at 505-507 Catherine Street in Columbus, Ohio, and both apartments are currently occupied.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in a duplex configuration
  • Full basement included with each unit
  • Detached 2‑car garage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Electrical Service

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

418
Businesses Nearby

Demographics for 43223, OH

27,951
Population
10,662
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
77%
High-School Grad
10.0 sq mi
ZIP Area
2,795
Density / Sq Mi
$45,902
Median Household Income
$32,509
Median Earnings
$1,063
Median Rent
$113,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate utilities, full basements, and a practical layout across multiple levels.
Where is this duplex located?
The property is located at 505-507 Catherine Street Columbus, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a duplex configuration; Full basement included with each unit; Detached 2‑car garage
More about this property
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