2607 E 5th Avenue, Columbus, OH 43219

$285,000

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List Price
$285,000
Status
ACTIVE
Days on Market
0
MLS#
226029433
Subtype
Multi-Family
Year Built
1920
Lot Size
4,791
Acres
0.11

Property Description

Welcome to 2607 E. 5th Avenue, Columbus, OH 43219--a rare investment opportunity just north of Bexley in one of Columbus' most desirable rental locations. This duplex features two spacious 3-bedroom, 1-bathroom units, each with a full basement, and is ideally situated on the 5th Avenue bus line with quick access to John Glenn International Airport, I-670, Downtown Columbus, Ohio Dominican University, and the VA Hospital, making it an excellent candidate for both long-term and short-term rental strategies. The property is already producing income, with one unit rented by the bedroom at $500 per bedroom, currently generating $1,000 per month with 2 of the 3 bedrooms occupied, while the second unit is fully leased at $1,399 per month, providing immediate cash flow with additional upside. Both units have recently been refreshed with new paint and drywall repairs, giving the property a clean, well-maintained appearance while still offering value-add potential for investors looking to maximize returns. Whether you're adding to your portfolio, looking to house hack, or seeking a high-demand rental in a prime Columbus location, this is an opportunity you won't want to miss.

Additional Information

School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Bisharah Ibrahim Hejazin ---- Signature Real Estate

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