629-631 Wheatland Ave Columbus, OH 43204

Property Details for 629-631 Wheatland Ave

Year built

1950

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This Columbus, Ohio duplex located at 629-631 S Wheatland Avenue presents a compelling investment opportunity. Priced at $85,000, this 1950-built property boasts two one-bedroom units situated on a 6,098.4 square foot lot. The asking price equates to $66.10 per square foot. The property features a recently updated roof and siding, along with refreshed mortar work. While the interior requires some work, it offers significant potential for a savvy investor. The cleaned-out interior provides a blank canvas for renovations, allowing for customization to maximize rental income. This duplex is ideal for both first-time investors seeking a manageable entry point into the real estate market and seasoned investors looking to expand their portfolio. Its location in an up-and-coming area of Columbus (zip code 43204, Franklin County) suggests strong potential for future appreciation. The property's existing structure and recent exterior improvements provide a solid foundation for a profitable venture. The two units offer immediate income potential once renovated and rented. This is a chance to acquire a multifamily property in a growing market at an attractive price point.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-83.0605

Latitude

39.9424