609-611 Fairwood Ave Columbus, OH 43205
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 609-611 Fairwood Ave
- Year built
- 1925
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This well-maintained brick duplex, located at 609-611 Fairwood Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1925 and extensively renovated in 2021, this property boasts two 3-bedroom, 1-bathroom units, each featuring a front porch, unfinished attic with potential for expansion, a full basement, and off-street parking. One unit commands a monthly rent of $1550 (plus utilities) with a lease extending through the end of 2024, while the other, fully furnished unit, is leased for $3100 per month until March 2025. Recent updates include new exterior siding, exterior and interior doors, LVT flooring, shaker-style cabinetry, updated appliances, countertops, LED lighting, tile, and upgraded mechanical systems. The property sits on a 6,534 square foot lot and is currently 50% occupied. A 15-year tax abatement is pending. Its prime location offers excellent proximity to Nationwide Children's Hospital, Bexley, and downtown Columbus. The asking price is $382,500, translating to $157.02 per square foot. This duplex is ideal for owner-occupants or investors seeking a turnkey rental property with strong rental income potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9535
- Latitude
- 39.9547
