538-540 Kelton Ave Columbus, OH 43205
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 538-540 Kelton Ave
- Year built
- 1900
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This fully renovated Columbus duplex, located at 538-540 Kelton Avenue, presents a compelling investment opportunity. Built in 1900 and situated on a 3,920.4 square foot lot, this property boasts two units, each featuring two bedrooms and one bathroom. The units have been completely updated, showcasing spacious kitchens with large center islands, eat-in areas, and honed granite countertops. Adding to their charm, each unit retains original decorative fireplaces. Practical features include a first-floor mudroom and laundry in each unit, enhancing convenience and livability. Residents enjoy the privacy of independently fenced backyards and the added benefit of off-street parking. One unit is currently rented at $1275 per month, generating strong rental income. The asking price is $394,900, translating to $205.68 per square foot. Financial details are available upon request. This property is ideally suited for both investors seeking a strong return and owner-occupants looking for a blend of modern amenities and historic character. Note that this property may be bundled with a separate property at 484 Seymour Avenue. This is a rare opportunity to acquire a well-maintained, high-yield duplex in a desirable Columbus location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9584
- Latitude
- 39.9556
