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Property profile & analytics
OFF-MARKET
Small apartment buildings

2220 Sale Rd Columbus, OH 43224

Built 1925
Property ID
US66-5679623
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1925
UPID US66-5679623
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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