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516-518 Champion Ave Columbus, OH 43205

OFF-MARKET Apartment buildings Google Maps
Built 1913
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This beautifully renovated Columbus duplex presents a compelling investment opportunity. Built in 1913 and completely updated in 2020, this property boasts two spacious units, each offering three bedrooms, two and a half bathrooms, and three levels of living space. Each unit includes convenient first-floor laundry and a half bath. The property sits on a 5,662.8 square foot lot and offers a large front porch, a rear mudroom entrance, and a generously sized backyard enclosed by privacy fencing. Ample off-street parking is available. Benefit from a tax abatement extending until 2035, significantly reducing your tax burden. The property's prime location near major highways provides easy access to Nationwide Children's Hospital, Franklin Park, Short North, Olde Town East, Bexley, and Downtown Columbus. This duplex is ideal for owner-occupants seeking a comfortable home or investors looking to capitalize on short-term rental potential. The asking price is $545,000, with a price per square foot of $212.14. This property offers a unique blend of historical charm and modern updates, making it a truly exceptional investment.

Property profile

Verified
Property type Apartment buildings
Year built 1913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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