Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1025-1027 E 21st Ave, Columbus, OH, 43211

--beds
0baths
--sqft
$199,000
--price/sqft
$1,646/moest. monthly cost
$65,840/yrincome needed

About This Home

Income-producing duplex with strong cash-flow potential! This well-maintained multifamily property features two units, each offering 2 bedrooms, 1 full bathroom, a full basement, and washer/dryer hookups. Whether you're an investor looking to add a cash-flowing rental property to your portfolio or an owner-occupant interested in house hacking by living in one unit while renting the other, this property presents an excellent opportunity. Previously approved to meet Section 8 requirements and most recently rented for $1,300 per side, generating $31,200 in annual gross rental income. Full basements provide additional storage and utility space for tenants. With attractive income potential, an estimated double-digit cap rate, and a convenient location, this investment property is well-positioned for both long-term rental income and portfolio growth.

Getting Around

48
WalkingCar-Dependent
41
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1958

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Property

Details

  • Parcel number: 010073297
  • Zoning description: Residential

Lot

  • Lot size: 4,791 sqft