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    1512 Glenn Ave Columbus, OH 43212

    Sponsored
    For Sale
    $749,999

    Turnkey Columbus duplex, high cash flow.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This impressive Columbus, Ohio duplex, located at 1512 Glenn Avenue in the heart of Grandview (Northwest 5th), presents a unique investment opportunity. The property boasts a total of 2,500 square feet on a 6,534 square foot lot and features two units: a vacant three-bedroom, two-bathroom unit with a den (estimated rental income of $3,250) and a currently rented two-bedroom, one-bathroom unit generating $2,150 in monthly rent. Both units underwent extensive top-to-bottom renovations in 2023 and 2024, including new kitchens, bathrooms, flooring, fixtures, doors, millwork, and landscaping. The property includes seven parking spaces and offers exceptional outdoor living space with an oversized wrap-around porch, sprawling fenced backyard and side yards, three patios, and a fire pit. Built in 1900 and completely stripped to the studs and rebuilt in 2012, this property is a turnkey investment with high cash flow potential, ideal for an owner-occupant seeking to offset mortgage costs with rental income. The asking price is $749,999, with a price per square foot of $300. This is a rare opportunity to acquire a meticulously renovated property in a highly desirable Columbus neighborhood.

    Property Features for 1512 Glenn Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built/Renovated
    1900/2024
    Units
    2

    HighLights

    • $749,999 asking price.
    • Multifamily property with two units, located in Columbus, OH.
    • 2,500 square feet on a 6,534 square foot lot.
    • Completely renovated in 2024, with kitchens, bathrooms, flooring, and fixtures updated.
    • Features include seven parking spaces, three patios, a fire pit, and an expansive yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horton Holdings, LLC Property Management Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0539819
    Latitude
    39.9875686

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    FAQs

    What type of property is this?
    Multifamily property - Turnkey Columbus duplex, high cash flow.
    Where is this multifamily property located?
    The property is located at 1512 Glenn Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $749,999.
    What are key features of this property?
    This property features: $749,999 asking price.; Multifamily property with two units, located in Columbus, OH.; 2,500 square feet on a 6,534 square foot lot.
    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
    1512 Glenn Ave Columbus, OH 43212
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