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    204 Blake Ave Columbus, OH 43202

    Sponsored
    For Sale
    $428,500

    Two-unit apartment building near OSU campus.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained duplex at 204 E Blake Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1900, this property boasts two spacious units, each featuring three bedrooms and one bathroom. The units are equipped with in-unit washer and dryers, adding to their appeal. Large living areas, sleek luxury vinyl plank (LVP) flooring, and ample storage space in full basements provide comfortable living. A neutral color palette creates a clean, contemporary aesthetic. Residents can enjoy a large front porch and a generously sized deck, offering outdoor relaxation space. Convenient street parking is available, supplemented by additional off-street parking behind the building. The property sits on a 3,920.4 square foot lot and is priced at $428,500, translating to $196.20 per square foot. Its proximity to the Ohio State University campus makes it ideally suited for investors or owner-occupants seeking a high-demand rental location. The property's features and location combine to create a strong potential for rental income and long-term appreciation. This is a rare opportunity to acquire a well-maintained duplex in a vibrant, sought-after area of Columbus.

    Property Features for 204 Blake Ave

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1900
    Units
    2

    HighLights

    • Well‑maintained duplex in Columbus, OH, built in 1900.
    • Two spacious 3‑bedroom, 1‑bathroom units with in‑unit laundry.
    • Large living areas, LVP flooring, ample basement storage, and neutral color palette.
    • Features a front porch and large deck, plus convenient street and off‑street parking.
    • Situated on a 3,920.4 sq ft lot, priced at $428,500 ($196.20/sq ft), near Ohio State University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -83.004894
    Latitude
    40.0117363

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building near OSU campus.
    Where is this multifamily property located?
    The property is located at 204 Blake Ave Columbus, OH.
    What is the asking price?
    The asking price for this property is $428,500.
    What are key features of this property?
    This property features: Well-maintained duplex in Columbus, OH, built in 1900.; Two spacious 3-bedroom, 1-bathroom units with in-unit laundry.; Large living areas, LVP flooring, ample basement storage, and neutral color palette.
    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
    204 Blake Ave Columbus, OH 43202
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