Tax Abated Duplex through 2038!! This property features two spacious 3bed/2 full bath units with functional layouts that continue to attract and retain long-term tenants.The property is currently generating strong income with Unit 113 rented at $1,540 + $65 water fee + $30 pet fee (lease through June 30, 2026) and Unit 115 rented at $1,375 + $65 water fee + $30 pet fee (lease through April 30, 2026), providing immediate and stable cash flow. Monthly income is $3,105!! Unit 115 will be renewing at $1,400.Major mechanical updates have been completed, with both furnaces and A/C units replaced in 2023, helping minimize near-term capital expenses. Kitchen appliances have since been installed and will transfer to the new owners.Tenants also enjoy access to a fenced-in backyard, adding privacy and outdoor space that enhances tenant appeal and retention.With solid rents, lease security in place, and strong ongoing demand, this duplex is a reliable, income-producing asset with continued upside potential.
Listed By
Agency Name: Red 1 Realty
Agency Phone: 614-585-9020
Agent Name: David Spurlock
Shown By
Agent Name: Malia K. Hughes, Realtor ® - The Malia Group
Agent Phone: Cell: (937) 935-8008
Agency Title: Key Realty
Estimated Payment
$ 2,203.98 per month $1,762.02 Principal & Interest $350.08 Property Tax $91.88 Homeowner's Insurance
113-115 W Park Avenue | MLS# 226007957
This multi-family property located at 113-115 W Park Avenue, Columbus, OH 43222 is currently listed for sale with an asking price of $315,000. 113-115 W Park Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.maliahughesrealtor.com today.