1438 Hunter Ave Columbus, OH 43201
This turnkey duplex located at 1438 Hunter Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1900, this property boasts a substantial lot size of 4,791.6 square feet and comprises two units, each a 5-bedroom, 2.5-bathroom apartment. Currently fully leased until July 2025 at $3,300 per unit, with leases renewed for 2024-2025, this property offers immediate and consistent cash flow. Comparable units in the neighborhood command rental rates of $3,650 per side, suggesting significant potential for future rental income growth. Situated in the desirable Southwest Campus Area near Ohio State University, this property benefits from a strong rental market. Each unit features attractive amenities including off-street parking, central air conditioning, hardwood floors, dishwashers, front porches, and full basements. The asking price is $849,900, translating to $245.21 per square foot. This property is an excellent choice for investors seeking a stable, high-yielding investment in a prime Columbus location. The property is located in Franklin County, Ohio, with a zip code of 43201.
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.