375 Powell Ave Columbus, OH 43204
This charming 2-unit apartment building, located at 375 S Powell Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1948, the property sits on a sizable 6,098.4 square foot lot and boasts a desirable brick front and vinyl siding, minimizing exterior maintenance needs. Each of the two units offers comfortable living space with two bedrooms and one full bathroom. A key advantage is the inclusion of a basement in each unit, complete with washer/dryer hookups, adding to the appeal for tenants. Further enhancing the property's value is a detached two-car garage situated at the rear, providing ample parking. The asking price is $229,900, translating to a price per square foot of $137.42. This property is situated in the 43204 zip code of Franklin County, offering convenient access to local amenities and transportation. The combination of its attractive features, strong rental potential, and low-maintenance exterior makes this a compelling investment prospect for discerning buyers. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable Columbus location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.