683-685 Wheatland Ave Columbus, OH 43204
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 683-685 Wheatland Ave
- Year built
- 1950
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This two-unit apartment building, located at 683-685 S Wheatland Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1950, the property sits on a 7,405.2 square foot lot and is currently 100% occupied, generating a substantial monthly income. The asking price is $131,900, translating to $102.97 per square foot. One unit has undergone a recent renovation, boasting a new furnace, water heater, flooring, paint, bathroom, kitchen, shower walls, and glass block windows. The other unit, while slightly older, features updated flooring and paint applied within the last seven years. Current monthly rents are $675 (month-to-month) and $579 (leased through 7/31/25), totaling $1,254. Professional property management is currently in place, simplifying ownership and maximizing returns. This duplex is situated in the growing Hilltop neighborhood of Columbus, offering excellent potential for appreciation and consistent cash flow. The property includes newer windows throughout. This is an ideal opportunity for investors seeking a stable, income-producing asset in a thriving urban area. The property's zip code is 43204, and it is located in Franklin County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0602
- Latitude
- 39.9413