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    1437 High St Columbus, OH 43207

    For Sale
    $420,000

    Columbus duplex, two units, strong cash flow.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a well-maintained duplex located at 1437 S High Street in Columbus, Ohio, 43207. Built in 1900, this property sits on a 5,662.8 square foot lot and offers two spacious units, each boasting 3 bedrooms and 1 bathroom. Each unit provides 1,380 square feet of living space, complemented by a private, fenced yard and a full basement offering ample storage or potential for future development. Currently generating a combined monthly rental income of $2,610 ($1,285 and $1,325 per unit), this property demonstrates a strong and consistent cash flow. The asking price is $420,000, translating to $152.17 per square foot. The property's prime location provides convenient access to local amenities, including shops, parks, and public transportation. Fully leased with reliable tenants, this turnkey investment is ideal for both seasoned investors seeking steady returns and first-time buyers looking to enter the real estate market. This duplex represents a rare opportunity to acquire a well-performing asset in a desirable Columbus neighborhood.

    Property Features for 1437 High St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900
    Units
    2

    HighLights

    • $420,000 asking price.
    • Multifamily property, Duplex/Triplex/Quadruplex, 2 units.
    • $152.17 price per square foot.
    • Built in 1900, 5,662.8 sq ft lot.
    • Located at 1437 S High Street, Columbus, OH 43207.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9962682
    Latitude
    39.932658

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    FAQs

    What type of property is this?
    Multifamily property - Columbus duplex, two units, strong cash flow.
    Where is this multifamily property located?
    The property is located at 1437 High St Columbus, OH.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: $420,000 asking price.; Multifamily property, Duplex/Triplex/Quadruplex, 2 units.; $152.17 price per square foot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1437 High St Columbus, OH 43207
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