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Property profile & analytics
OFF-MARKET
Apartment buildings

2729 Sullivant Ave Columbus, OH 43204

Built 1923
Property ID
Property summary
AI-generated overview

This 2-unit apartment building, located at 2729 Sullivant Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1923 and extensively renovated in 2020, the property sits on a 4,791.6 square foot lot. Currently, the occupancy rate is 50%, with one unit rented at $1,275 per month. The asking price is $239,800, translating to $113.54 per square foot. The property's location within a revitalizing area offers significant potential for future appreciation. The vacant unit provides immediate potential for increased rental income, while the occupied unit contributes to positive cash flow from day one. This duplex is ideal for both seasoned investors seeking a strong return and owner-occupants looking to build equity and generate passive income. The property's recent renovation minimizes immediate maintenance needs, allowing for a smooth transition into ownership. The address is within the 43204 zip code in Franklin County. This is a rare opportunity to acquire a well-maintained, cash-flowing property in a rapidly developing neighborhood. Don't miss out on this chance to add a valuable asset to your portfolio or begin your real estate journey.

Property profile
Verified
Property type Apartment buildings
Year built 1923
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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