Current Use by Public Records
- Apartment buildings
Property Details for 750 Dawson Ave
- Year built
- 1930
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This fully leased, two-unit apartment building in Columbus, Ohio's desirable Bexley Heights neighborhood presents a compelling investment opportunity. Located at 750 N Dawson Avenue, this property boasts a prime location just six minutes from John Glenn Columbus International Airport and downtown Columbus, ensuring consistent tenant demand. Built in 1930 and extensively renovated in 2024, this duplex offers two spacious two-bedroom, one-bathroom units, each currently rented at market rate ($1275.00). Recent upgrades include a low-maintenance PVC exterior replacing the original wood siding, along with updated plumbing and water lines. Both units feature newer furnaces and water heaters, maximizing energy efficiency and minimizing maintenance concerns. The property sits on a 3,920.4 square foot lot and is currently operating at 100% occupancy, providing immediate cash flow. The asking price is $239,900, representing a price per square foot of $122.40. This turnkey investment offers a strong 8% cap rate and the potential for future appreciation in a thriving Columbus market. The property's excellent condition and location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a high-performing multifamily property with minimal vacancy risk.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9328
- Latitude
- 39.9856
