855-857 Reinhard Ave Columbus, OH 43206
This exceptional investment opportunity presents a beautifully updated duplex located at 855-857 Reinhard Avenue in Columbus, Ohio. Built in 1925, this property sits on a 4,356 square foot lot and boasts two units, each featuring two bedrooms and two full bathrooms. Both units include basements and central air conditioning, enhancing tenant comfort and appeal. Each unit also offers a covered front porch, adding to the property's charm. Side 857 underwent a complete renovation six months prior to listing and currently commands a monthly rent of $1200. The unit at 855, also fully updated, rents for $1250 per month, resulting in a 100% occupancy rate. The property is conveniently sub-metered for water, with tenants responsible for all other utilities. Limited private parking is available in the rear of the building. Situated just south of Whittier, off of 22nd, this duplex offers a prime location within the Columbus market. The asking price is $477,000, translating to $202.81 per square foot. This property represents a strong cash-flowing investment with significant potential for future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.