73-75 Markison Ave Columbus, OH 43207
This well-located Columbus, Ohio duplex presents a compelling investment opportunity or owner-occupant scenario. Situated at 73-75 E Markison Avenue in the desirable Merion Village neighborhood, this 1920-built property boasts two units, each featuring three bedrooms and one bathroom. The units are nicely updated, showcasing attractive features such as hardwood floors, modern white-shaker cabinetry, elegant quartz countertops, and stainless steel appliances. A full basement adds further utility and potential. One unit is currently leased at $1425 per month plus utilities through July 2025, contributing to a 50% occupancy rate. The asking price is $475,000, translating to $212.05 per square foot. The property sits on a 2,178 square foot lot. Its prime location offers convenient access to German Village, Nationwide Children's Hospital, and the vibrant Downtown Columbus area. This property is an excellent choice for investors seeking strong rental income potential or individuals looking for a blend of living space and investment return. The turnkey condition of one unit makes it immediately ready for occupancy. The property's attractive features and strategic location combine to create a promising opportunity in the Columbus real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.