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$299,900
Est. payment /mo
3,920 Sqft Lot
New
2579 Dayton Avenue Columbus, OH 43202
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226020694
Year Built 1900
Annual Tax Amount $4,262
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
ATTENTION PORTFOLIO INVESTORS
High-Yield Duplex in Olde North / OSU Corridor
$299,900 | $28,848 Gross Annual Income
This is a strategic, cash-flowing addition to any Columbus portfolio. Located in one of the most resilient rental submarkets, this duplex sits in the heart of the Ohio State University demand engine and offers strong built-in tenant demand.
Why This Asset Stands Out:
• Strong Tenant Stability: 2-bedroom, 1-bath units per side
• Recent Upgrades for Investment Security (2024):
• New roof
• New electrical panels in both units
• 90% efficient furnaces and water heaters
• Full remodels including new kitchen appliances, flooring, and paint
• New R-38 insulation in walls and attic to bring to code
• Handrails on stairs for safety and code compliance
• Utility Setup: Electric is separately metered (tenant-paid). Water is prorated to tenants.
• Premium Parking: Rare 4-car off-street parking behind the building drives higher rental rates in this dense corridor.
Priced at $299,900 to reflect current condition while delivering strong immediate yield potential and long-term security. Whether you buy cash for maximum monthly cash flow or use sharp financing, the underlying math works. This is an offensive play in a location with built-in rental demand.
Property offered strictly ''As-Is/Where-Is.'' Serious investors only -- bring your contractor and run the numbers. Curb Offers Only, as both units are occupied. Generating a Rent Gross of $28,848 per year.
High-Yield Duplex in Olde North / OSU Corridor
$299,900 | $28,848 Gross Annual Income
This is a strategic, cash-flowing addition to any Columbus portfolio. Located in one of the most resilient rental submarkets, this duplex sits in the heart of the Ohio State University demand engine and offers strong built-in tenant demand.
Why This Asset Stands Out:
• Strong Tenant Stability: 2-bedroom, 1-bath units per side
• Recent Upgrades for Investment Security (2024):
• New roof
• New electrical panels in both units
• 90% efficient furnaces and water heaters
• Full remodels including new kitchen appliances, flooring, and paint
• New R-38 insulation in walls and attic to bring to code
• Handrails on stairs for safety and code compliance
• Utility Setup: Electric is separately metered (tenant-paid). Water is prorated to tenants.
• Premium Parking: Rare 4-car off-street parking behind the building drives higher rental rates in this dense corridor.
Priced at $299,900 to reflect current condition while delivering strong immediate yield potential and long-term security. Whether you buy cash for maximum monthly cash flow or use sharp financing, the underlying math works. This is an offensive play in a location with built-in rental demand.
Property offered strictly ''As-Is/Where-Is.'' Serious investors only -- bring your contractor and run the numbers. Curb Offers Only, as both units are occupied. Generating a Rent Gross of $28,848 per year.
Location
State OH
County Franklin
Area 0.09
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-017246
Listed by Marshall L Foster RE/MAX Revealty
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