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Updated Duplex with Income Potential
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540 - 542 S Oakley Avenue, Columbus, OH 43204

Well-maintained duplex with modern updates and reliable income.

Property SizeContact for details
Days on Market183

Property Features for 540 - 542 S Oakley Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multifamily
Net Operating Income $22,371

Building Details

Year Built 1926
Year Renovated 2022
Units 2
Listing Agency: Red 1 Realty
Listed By: Hayley Baker · License #2016003790
Source: Crexi
Added: Feb 20 Changed: Aug 8 Last Checked: Aug 20 at 3:18PM

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 Red 1 Realty

Investment Insights

Based on property information with market context.

This well-maintained duplex features modern updates and reliable income. Each side includes 2 bedrooms and 1 full bath. Renovations completed in 2022 include remodeled kitchens with new cabinets, countertops, and appliances. New HVAC systems and updated windows have also been installed. Both units are currently leased at $1280 month-to-month. The property is conveniently located with easy access to public transportation, shopping, dining, schools, and everyday amenities. This duplex offers steady returns and long-term value, making it a smart addition to any investment strategy.

Key Highlights

  • Turnkey duplex with immediate income from two leased units
  • Both units currently leased at $1280 month‑to‑month
  • Renovated in 2022 with remodeled kitchens (new cabinets, countertops, appliances)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Spa & Massage Center HVAC 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.

Location Intelligence

Trade Area within ½ mile

337
Businesses Nearby

Demographics for 43204, OH

42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
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 - Well-maintained duplex with modern updates and reliable income.
Where is this duplex located?
The property is located at 540 - 542 S Oakley Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Turnkey duplex with immediate income from two leased units; Both units currently leased at $1280 month‑to‑month; Renovated in 2022 with remodeled kitchens (new cabinets, countertops, appliances)
(740) 972-8465 Call to check price and availability
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