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Property profile & analytics
OFF-MARKET
Small apartment buildings

637-639 Wheatland Ave Columbus, OH 43204

Built 1950
Property ID
US66-0964731
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Year built 1950
UPID US66-0964731
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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