361 20Th Ave Columbus, OH 43201
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 361 20Th Ave
- Year built
- 1910
- Property type
- Small apartment buildings
Description
This well-maintained duplex in Columbus, Ohio, presents a compelling investment opportunity. Located near Ohio State University's north campus, between Summit and N 4th Street, this property benefits from its walkable location for students and proximity to the OSU bus line and Iuka Ravine. The property features two spacious 2-bedroom, 1-bathroom units, each boasting modern updates including updated kitchens and bathrooms, newer flooring, and central air conditioning. The lower unit includes an enclosed front porch and a large basement for storage. Both units offer on-site laundry and ample outdoor space. Exterior improvements include newer vinyl siding, railings, and porch steps. Tenants are responsible for all utilities. Currently 100% occupied, with leases at $1100 (Unit A) and $1050 (Unit B), ensuring a strong cash flow. Built in 1910, the property sits on a 1,742.4 square foot lot and is listed at $423,000 ($197.20/sq ft). This is an exceptional opportunity for investors seeking a stable, high-demand rental property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9990336
- Latitude
- 40.0041331
