438-440 15Th Ave Columbus, OH 43201

This exceptional two-unit apartment building, located at 438-440 E 15th Avenue in Columbus, Ohio's University District, presents a compelling investment opportunity. Built in 1910 and boasting a 4,791.6 square foot lot, this vinyl-sided, two-story duplex offers two units currently leased on a month-to-month basis at $900 each. Market rent is estimated at $1,100-$1,200 per unit, indicating significant potential for increased revenue. The property features a newer roof (installed in 2016) and includes all appliances. Both units have basement access with shared washer and dryer provided by the owner. Utilities are divided, with tenants responsible for electricity and gas, and the owner covering water and sewer. Its convenient location offers easy access to public transportation via COTA and CABS lines, making it attractive to Ohio State University students and staff seeking proximity to campus without being directly in the heart of the bustling student area. The asking price is $307,000, translating to $149.32 per square foot. This property is ideal for those seeking a blend of homeownership and income generation or a strong, long-term investment in a desirable Columbus neighborhood.