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483-485 Champion Ave Columbus, OH 43205

OFF-MARKET Apartment buildings Google Maps
Built 1910
Estimated value
No estimation on file for this property yet.
Property ID US66-3981065

Property summary

AI-generated overview

This beautifully renovated duplex at 483-485 S Champion Avenue in Columbus, Ohio presents a fantastic investment opportunity. Built in 1910 and completely renovated in 2022, this property boasts two units, each featuring three bedrooms and one and a half bathrooms. The property sits on a 5,227.2 square foot lot and offers ample parking with space for four vehicles in the rear. One unit is currently operating as a successful Airbnb, generating immediate income, while the other unit is occupied by a long-term tenant, providing stable rental revenue. This combination makes it ideal for house hacking or owner occupancy. The asking price is $459,000, translating to a price per square foot of $197.67. Located in the desirable Olde Towne East neighborhood, this property enjoys a prime location, just one mile from Children's Hospital and three miles from Nationwide Arena and the vibrant downtown Columbus area. The property's recent renovation ensures minimal maintenance needs, maximizing potential return on investment. Both units are in excellent condition, as evidenced by the provided photos which showcase 485 S Champion Avenue

Property profile

Verified
Property type Apartment buildings
Year built 1910
UPID US66-3981065

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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