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Property profile & analytics
OFF-MARKET
Small apartment buildings

1438 Hunter Ave Columbus, OH 43201

Built 1900
Property ID
US66-1271343
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1900
UPID US66-1271343
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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