1826 Bairsford Dr Columbus, OH 43232
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 1826 Bairsford Dr
- Year built
- 1972
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This fully leased Columbus duplex presents a compelling investment opportunity. Located on Bairsford Drive in the desirable Eastside neighborhood (43232), this property boasts a 10.06% cap rate after accounting for taxes, insurance, and water. The property, built in 1972 and extensively renovated in 2024, comprises two units: a 3-bedroom, 2-bathroom unit leased at $1,750 per month and a 5-bedroom, 2.5-bathroom unit leased at $2,300 per month. Both units feature finished lower levels with recreation rooms, additional bedrooms with proper egress windows, LVP flooring throughout, and marble shower/tub surrounds. The property sits on an 11,325.6 square foot lot and generates an annual gross rental income of $48,600 and a net operating income (NOI) of $43,170. The asking price is $429,900, translating to $113.07 per square foot. Optional property management is available. This turnkey investment offers strong cash flow and significant potential for future appreciation. The property is currently 100% occupied.
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
- -82.8446
- Latitude
- 39.9407
