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Columbus Duplex with Long-Term Tenants
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1298 S James Road, Columbus, OH 43227

Duplex with long-term tenants, below market rents, as-is condition.

Property SizeContact for details
Days on Market751

Property Features for 1298 S James Road

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $12,960

Building Details

Year Built 1956
Units 2
Listing Agency: Thomas Fortin & Company LLC.
Listed By: Thomas Fortin · License #2007003846
Source: Crexi
Added: Aug 12, 2024 Changed: Aug 26 Last Checked: Aug 31 at 2:49AM

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 Thomas Fortin & Company LLC.

Investment Insights

Based on property information with market context.

This duplex features two units. One unit has 3 bedrooms and 1 bathroom, while the other has 2 bedrooms and 1 bathroom. The property has been recently painted and includes new vinyl tile. Upgrades include an electric panel and a newer hot water tank. Each unit is equipped with gas furnace and washer/dryer hookups. The exterior is designed for low maintenance. The property is being sold in as-is condition. The current rents are below market value. One unit, located at 1298 S James Road, is rented for $755 with the lease ending on March 31, 2025. The other unit, located at 1300 S James Road, is rented for $795 on a month-to-month basis. Tenants are responsible for gas and electric, while the owner pays for water. Contingent curb side offerings only.

Key Highlights

  • Duplex property with two separate rental units
  • Long‑term rental history with existing tenants
  • Separate washer/dryer hookups for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Gym & Fitness Center Building Supply Parking Lot & Garage

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

305
Businesses Nearby

Demographics for 43227, OH

25,041
Population
10,874
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
6,108
Density / Sq Mi
$45,314
Median Household Income
$32,338
Median Earnings
$1,105
Median Rent
$134,300
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 - Duplex with long-term tenants, below market rents, as-is condition.
Where is this duplex located?
The property is located at 1298 S James Road Columbus, OH.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Duplex property with two separate rental units; Long‑term rental history with existing tenants; Separate washer/dryer hookups for each unit
(614) 348-7876 Call to check price and availability
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