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Property profile & analytics
OFF-MARKET
Small apartment buildings

1229 Leonard Ave Columbus, OH 43203

Built 1910
Property ID
US66-5906421
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1910
UPID US66-5906421
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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