1281 23Rd Ave Columbus, OH 43211
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1281 23Rd Ave
- Year built
- 1924
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9741866
- Latitude
- 40.0054402
