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Remodeled Duplex Investment
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585-587 S Burgess Avenue, Columbus, OH 43204

Fully rented duplex with both sides leased through early 2027 and recent remodels on each unit.

Property SizeContact for details
Days on Market143

Property Features for 585-587 S Burgess Avenue

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $23,800

Building Details

Year Built 1926
Units 2
Listing Agency: KW Classic Properties Realty
Listed By: Rhiannon Ferrari · License #2009003178
Source: Crexi
Added: Apr 20 Changed: Sep 7 Last Checked: Sep 8 at 7:14AM

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 KW Classic Properties Realty

Investment Insights

Based on property information with market context.

This offering is a fully rented duplex with two separate sides, each leased through early 2027. Both units have been remodeled in recent years, presenting a turn-key residential income property without the need for major updates.

The property is located at 585-587 S Burgess Avenue in Columbus, Ohio 43204. Public remarks indicate strong rental demand in the area and long-term tenants.

With both sides occupied and lease coverage extending through early 2027, the duplex is positioned to provide immediate, ongoing rental income for an investor seeking a stabilized residential income asset.

Key Highlights

  • Fully rented duplex with both sides leased through early 2027
  • Year built: 1926
  • Both units have been remodeled in recent years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Nail Salon

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

328
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 - Fully rented duplex with both sides leased through early 2027 and recent remodels on each unit.
Where is this duplex located?
The property is located at 585-587 S Burgess Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Fully rented duplex with both sides leased through early 2027; Year built: 1926; Both units have been remodeled in recent years
(614) 226-1039 Call to check price and availability
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