Building Details

Year Built 1920

Units 2

Listing Agency: Red 1 Realty

Listed By: Justin Hazley · License #2011000514 Show Phone

Source: Crexi

Added: Sep 9, 2024 Changed: Aug 16 Last Checked: Sep 5 at 7:55PM

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Investment Insights

Based on property information with market context.

This tenant-occupied duplex presents an opportunity for landlords and investors to generate income. Each side of the duplex features three bedrooms and one bathroom. Unit 62 is leased until February 2025, while unit 64 is leased until September 2025. The property is currently rented below market value for the area. Upon lease expiration, there is potential to increase rents and/or implement cosmetic updates to achieve market rates of $2,600 to $3,000 per month. A recent home inspection report is available.

Key Highlights

• Turnkey tenant‑occupied rental property generating $2,110/month income.
• Potential to increase rent to $2,600-$3,000/month per unit upon lease expiration.
• Two units are currently leased, providing immediate income.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office 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

563

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Tenant-occupied duplex, generating $2,110 monthly income, with potential for growth.

Where is this duplex located?

The property is located at 62 S Eureka Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $219,900.

What are key features of this property?

This property features: Turnkey tenant‑occupied rental property generating $2,110/month income.; Potential to increase rent to $2,600-$3,000/month per unit upon lease expiration.; Two units are currently leased, providing immediate income.