538-540 Kelton Ave Columbus, OH 43205
- Small apartment buildings
- 0.09 lot acres
Current Use by Public Records
- Small apartment buildings
Property Details for 538-540 Kelton Ave
- Year built
- 1900
- Lot size
- 0.09 lot acres
- Property type
- Small apartment buildings
Description
This charming duplex located at 538-540 Kelton Ave, Columbus, OH 43205, presents a fantastic investment opportunity. The property, situated on a 0.09-acre lot (APN 010-030592-00), boasts a total of 1,920 square feet of net rentable space, divided into two units. Each unit features two bedrooms and one bathroom, offering comfortable living spaces for tenants. Built in 1900, this property underwent a complete renovation in 2022, ensuring modern amenities and updated features throughout. The duplex is zoned for residential use and comprises a single, two-story building. With an asking price of $364,900, this translates to a price per unit of $182,450, making it an attractive proposition for investors seeking a strong return. The separate yards provide added privacy and appeal for tenants. This property is an ideal addition to any investment portfolio, offering both immediate income potential and long-term growth prospects in the desirable Columbus, Ohio market. The property's recent renovation minimizes the need for immediate capital expenditures, allowing for a smooth transition into ownership. This turnkey investment is ready for immediate occupancy.
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
- -82.9582
- Latitude
- 39.9557
