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Property profile & analytics
OFF-MARKET
Small apartment buildings

1281 23Rd Ave Columbus, OH 43211

Built 1924
Property ID
US66-0803470
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, fully renovated duplex located at 1281 E 23rd Avenue in Columbus, Ohio. Built in 1924, this property boasts two units and sits on a generous 4,791.6 square foot lot. The asking price is $248,000, translating to a price per square foot of $105.44. The property has undergone extensive renovations in recent years, including a new roof, siding, windows, flooring, drywall, kitchen upgrades, fresh paint, and updated gutters and downspouts. Currently, both units are occupied by long-term tenants, many of whom are Section 8 tenants providing stable and predictable income. The property is easily shown with 24-hour notice to ensure tenant privacy and respect their legal rights. This duplex represents a strong cash-flow generating asset in a desirable Columbus location, making it an ideal addition to any investment portfolio. The property's recent renovations minimize future maintenance needs, promising a low-risk, high-return investment. The location in Franklin County, Ohio, zip code 43211, offers convenient access to local amenities and transportation. This is a turnkey investment ready for immediate income generation.

Property profile
Verified
Property type Small apartment buildings
Year built 1924
UPID US66-0803470
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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