73-75 Markison Ave Columbus, OH 43207

Property Details for 73-75 Markison Ave

Year built

1920

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-82.9937

Latitude

39.9312