1230 Gilbert St #2, Columbus, OH, 43206

About This Home

This duplex offers a rare opportunity for both owner-occupants and investors to step into immediate value with built-in upside. Each unit features 2 bedrooms and 1 full bath, providing flexible living options--live in one side and rent the other, or add a strong performer to your portfolio. Unit 1232 is fully rent-ready, while 1230 needs minor finishing work in the bathroom (drywall and tile repair from a prior leak), creating an opportunity to customize and build equity quickly. Once completed, the property is well-positioned to exceed its prior 2025 appraised value of $261,000. The current pricing reflects these remaining updates, offering buyers the chance to walk into equity from day one. With repairs completed, the property has strong rental potential that can meet--and likely exceed--the 1% rule, making it equally appealing as a long-term investment. Located just minutes from Nationwide Children's Hospital and near German Village shops, dining, and downtown Columbus, this location supports both strong rental demand and everyday livability. Whether you're looking to offset your mortgage with rental income or expand your portfolio with a high-potential property, this is a smart, flexible opportunity in a prime location.