Property profile

158-160 Belvidere Ave Columbus, OH 43223

OFF-MARKET
Apartment buildings
Built 1918
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Property summary

AI-generated overview

This Columbus, Ohio duplex at 158-160 Belvidere Avenue presents a fantastic investment opportunity. Built in 1918, this property boasts two renovated units, each featuring two bedrooms and one bathroom, with upstairs laundry hookups and the potential for a second bathroom. The property sits on a 5,227.2 square foot lot, conveniently located near Wrexham Park and minutes from downtown. Both units benefit from central air conditioning. A new roof was installed within the past few years. Utilities are efficiently managed with electric, gas, and water sub-metering. One unit is currently leased at $950 per month through August 2025, with potential for rent increases to $1150+ upon renewal. The other unit is vacant and ready for immediate occupancy or leasing. The asking price is $229,900, translating to $123.87 per square foot. This turnkey property offers immediate cash flow with significant upside potential for rental income. The property is currently 100% occupied.

Property profile

Verified
Property type Apartment buildings
Year built 1918

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

158-160 Belvidere Ave Columbus, OH 43223
Columbus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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