431-433 14Th AveColumbus, OH 43201

For Sale
$479,000

High-Cash Flow Duplex Near OSU

Overview

Added:
Dec 11, 2024
Days on market:
91
This well-maintained duplex in Columbus, Ohio, presents a compelling investment opportunity. Located near The Ohio State University and Downtown Columbus, this property boasts two units: a 3-bedroom, 1-bathroom unit currently rented at $1,250 per month until August 1, 2025, and a 4-bedroom, 2-bathroom unit rented at $1,800 per month plus a $25 pet fee until May 31, 2025. Both units feature spacious basements for storage and offer off-street parking. Recent improvements include new luxury vinyl plank (LVP) flooring installed in 2021 and a new roof in 2020. Tenants are responsible for all utilities. The property sits on a 5,662.8 square foot lot and was built in 1900. The asking price is $479,000, translating to $153.23 per square foot. The current property management is prepared to continue managing the property for the new owner, making this a truly turnkey investment. This high-performing asset offers strong cash flow potential and significant appreciation upside in a desirable location. The property's address is 431-433 E 14th Avenue, Columbus, OH 43201.

Highlights

  • Well-maintained duplex in desirable Columbus, OH location near Ohio State University and Downtown.
  • Two units: a 3 bed/1 bath ($1,250/month lease until 8/1/25) and a 4 bed/2 bath ($1,800/month + $25 pet fee lease until 5/31/25).
  • Both units feature spacious basements and off-street parking.
  • Recent improvements include new LVP flooring (2021) and a new roof (2020).
  • 5,662.8 sq ft lot, built in 1900, asking price $479,000 ($153.23/sq ft).
  • Turnkey investment with current property management willing to continue.

Property Details for 431-433 14Th Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1900
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.998048
Longitude
-82.995906
431-433 14Th Ave, Columbus, Ohio
Leaflet | © OpenStreetMap contributors

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431-433 14Th Ave
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