637-639 Wheatland Ave Columbus, OH 43204
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 637-639 Wheatland Ave
- Year built
- 1950
- Property type
- Small apartment buildings
Description
This charming Columbus, Ohio duplex located at 637-639 S Wheatland Avenue presents a compelling investment opportunity. Built in 1950, this property boasts a spacious 7,405.2 square foot lot and offers two units, each currently occupied by tenants. The asking price is $229,800, translating to a price per square foot of $136.79. Recent upgrades include a brand new roof and all new flooring throughout both units. Each unit features two bedrooms, one full bathroom, and a generously sized kitchen. The property generates a monthly rental income of $2254, projecting a cap rate approaching 10%. This makes it an ideal addition to an existing rental portfolio or a perfect entry point for first-time investors seeking a strong return on investment. The property is situated in Franklin County, Ohio, with the zip code 43204. Serious inquiries only, with curb offers requiring a walk-through inspection within 48 hours of contract acceptance.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0604503
- Latitude
- 39.9422613
