2220 Sale Rd Columbus, OH 43224
This Columbus, Ohio investment opportunity presents a fantastic chance to acquire a well-maintained duplex located at 2220 Sale Road, in the Linden area, zip code 43224. Built in 1925, this property sits on a spacious 13,068 square foot lot and offers two units, each a single-family home. The front unit, a 3-bedroom, 1-bathroom Cape Cod style home, boasts recent renovations including a new kitchen with granite countertops and stainless steel appliances, and an updated bathroom. It is currently rented for $1,495 per month, with a lease expiring April 30, 2025. The rear unit, also a 3-bedroom, 1-bathroom home, is currently rented at $900 per month with a lease expiring July 31, 2025. While this unit requires some work, it benefits from a long-term tenant. Both units are currently generating strong rental income, with tenants responsible for all utilities. The asking price is $350,000, translating to $192.41 per square foot. The property's ample lot size presents potential for future development, such as adding a garage. This is a turnkey investment opportunity with significant upside potential.
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
Similar Nearby for Sale
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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.