431-433 14Th Ave Columbus, OH 43201
This well-maintained duplex in Columbus, Ohio, presents a compelling investment opportunity. Located near The Ohio State University and Downtown Columbus, this property boasts two units: a 3-bedroom, 1-bathroom unit currently rented at $1,250 per month until August 1, 2025, and a 4-bedroom, 2-bathroom unit rented at $1,800 per month plus a $25 pet fee until May 31, 2025. Both units feature spacious basements for storage and offer off-street parking. Recent improvements include new luxury vinyl plank (LVP) flooring installed in 2021 and a new roof in 2020. Tenants are responsible for all utilities. The property sits on a 5,662.8 square foot lot and was built in 1900. The asking price is $479,000, translating to $153.23 per square foot. The current property management is prepared to continue managing the property for the new owner, making this a truly turnkey investment. This high-performing asset offers strong cash flow potential and significant appreciation upside in a desirable location. The property's address is 431-433 E 14th Avenue, Columbus, OH 43201.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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