529-531 Kelton Avenue Columbus, OH 43205

Building Details

Year Built

1900

Listing agency Red 1 Realty z***@listonre.com Show Phone

Listed by Zeke Liston · License #2019005269

Source Crexi

Added: Mar 30 Updated: Jul 21 at 3:01AM Checked: Jul 21 at 3:01AM

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Investment Insights

Based on property information with market context.

This fully tax-abated brick duplex offers two residential units, each featuring three bedrooms and one bathroom. Both units include full basements for added storage, and each has a fenced-in backyard area for tenant use. Unit 529 is currently rented on a month-to-month lease at $1,296 per month, providing flexibility for an owner-occupant or future rent management. Unit 531 is leased at $1,310 per month plus a $65 monthly water fee through May 30, 2026, with tenants responsible for gas and electric.

The property is positioned for convenient access to Nationwide Children’s Hospital, Franklin Park Conservatory and Botanical Gardens, and downtown Columbus, supported by a range of nearby amenities.

Key exterior and mechanical improvements include furnaces and central AC units replaced in 2021, a new roof installed in 2023, front concrete steps replaced in 2023, rear porches replaced in 2021, and a new fence installed in 2021. Pictures were taken prior to tenant move-in and do not reflect the newly replaced back porches.

Key Highlights

• Fully tax‑abated brick duplex with two 3‑bedroom, 1‑bath units, each with a full basement and fenced backyard space
• Unit 529 rented at $1,296/month on a month‑to‑month lease, offering flexibility for an owner‑occupant or rent optimization
• Unit 531 leased at $1,310/month plus a $65/month water fee through May 30, 2026; tenants pay gas and electric

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FAQs

What type of property is this?

Duplex - Fully tax-abated brick duplex with two three-bedroom units, each with a full basement and fenced backyard space.

Where is this duplex located?

The property is located at 529-531 Kelton Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Fully tax‑abated brick duplex with two 3‑bedroom, 1‑bath units, each with a full basement and fenced backyard space; Unit 529 rented at $1,296/month on a month‑to‑month lease, offering flexibility for an owner‑occupant or rent optimization; Unit 531 leased at $1,310/month plus a $65/month water fee through May 30, 2026; tenants pay gas and electric