Property profile

193 Avondale Ave Columbus, OH 43223

OFF-MARKET
Apartment buildings
Built 1900
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Property summary

AI-generated overview

This charming two-unit apartment building, located at 193 Avondale Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1900, this Franklinton duplex sits on a 4,791.6 square foot lot and is priced at $199,900, or $110.81 per square foot. Each of the two units boasts two bedrooms and one full bathroom, offering comfortable living spaces for tenants. While the kitchens currently lack appliances, this presents a chance for the new owner to customize and add value. Utilities are conveniently located in the basement. The property is being sold as-is, and the seller is not accepting assignable contracts or offers. This is an ideal opportunity for an investor looking to add a cash-flowing property to their portfolio with some light renovations. The property's location in the vibrant Franklinton neighborhood offers potential for strong rental income and future appreciation. The property is zoned for residential use and is ready for a new owner to add their personal touch and begin generating income. This is a rare opportunity to acquire a well-located, multi-family property in a growing Columbus neighborhood at an attractive price point. Serious inquiries only.

Property profile

Verified
Property type Apartment buildings
Year built 1900

Cap rate & NOI

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

Location

193 Avondale Ave Columbus, OH 43223
Columbus metro
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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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