1298 James Rd Columbus, OH 43227
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1298 James Rd
- Year built
- 1956
- Property type
- Small apartment buildings
Description
This Columbus, Ohio duplex, located at 1298 S James Road, presents a compelling investment opportunity. Built in 1956, this property sits on a 7,405.2 square foot lot and features two units: one with three bedrooms and one bath, and the other with two bedrooms and one bath. Recent upgrades include fresh paint, new vinyl tile flooring, an updated electric panel, a newer hot water tank, and a gas furnace. Each unit includes washer/dryer hookups. The exterior requires minimal maintenance. Currently, the units are rented at below-market rates, offering significant potential for rental income growth. One unit has a lease expiring March 31, 2025 ($755/month), while the other is month-to-month ($795/month). Tenants are responsible for gas and electric; the owner covers water. The property is being sold in "as-is" condition with contingent curb-side offerings only. The asking price is $253,000, translating to $107.39 per square foot. This property is ideal for investors seeking a value-add opportunity in a stable Columbus market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9150901
- Latitude
- 39.9443588
