1229 Leonard Ave Columbus, OH 43203
This Columbus, Ohio duplex presents a unique investment opportunity, ideally suited for both seasoned investors and first-time buyers. Located at 1229 Leonard Avenue, this property boasts two completely separate, fully furnished homes on a single 4,791.6 sq ft lot, offering the potential for high rental income exceeding $3,300-$5,000 monthly. Each unit provides a single-family home experience, complete with private fenced yards, decks, and two off-street parking spaces. The front unit comprises 960 square feet with two bedrooms and 1.5 bathrooms, while the rear unit offers 1174 square feet, two bedrooms, and two full bathrooms. Built in 1910, this property has undergone significant renovations, including brand new HVAC systems, windows, roofing, siding, and appliances, ensuring peace of mind for the buyer. Its convenient location, just seven minutes from The Ohio State University campus and Nationwide Children's Hospital, further enhances its appeal and rental prospects. The asking price is $384,900, with a price per square foot of $180.37. This property offers a compelling blend of comfort, convenience, and strong investment potential.
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.
Costs & Benchmarks
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.