2407 Summit St, Columbus, OH, 43202
About This Home
Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. All units are currently occupied, providing immediate in-place cash flow. The property also features a detached garage, offering additional tenant convenience and potential added value. Unit 2407 features 1 bedroom and 1 bathroom and is currently rented for $1,000 per month plus a $50 monthly water/sewer/trash fee on a month-to-month lease, presenting an excellent opportunity for an investor to reposition rents to market rates or for an owner-occupant seeking a house hacking opportunity. Unit 2407 1/2 features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through July 31, 2026, providing stable rental income. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1925
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Property
Details
- Parcel number: 01000607000
- Special condition: Standard
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,896 | $22,752 |
| Home Insurance * | $125 | $1,500 |
| Property Taxes | $478 | $5,736 |
| Electricity | $193 | $2,320 |
| Total | $2,692 | $32,304 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Listed for sale | $385,000 |
| 2024-09-13 | Listing removed | $1,000 |
| 2024-08-19 | Listed for rent | $1,000 |
| 2016-07-27 | Listing removed | $1,195 |
| 2016-06-21 | Listing removed | $240,000 |
| 2016-06-09 | Price change | $240,000 |
| 2016-05-24 | Listed for sale | $250,000 |
| 2016-03-07 | Listed for rent | $1,300 |
| 2016-01-29 | Listing removed | $1,400 |
| 2016-01-04 | Listed for rent | $1,400 |
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