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Property profile & analytics
OFF-MARKET
Apartment buildings

73-75 Markison Ave Columbus, OH 43207

Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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