For Sale
$394,900

538-540 Kelton AveColumbus, OH 43205

Renovated 2-unit building, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This fully renovated Columbus duplex, located at 538-540 Kelton Avenue, presents a compelling investment opportunity. Built in 1900 and situated on a 3,920.4 square foot lot, this property boasts two units, each featuring two bedrooms and one bathroom. The units have been completely updated, showcasing spacious kitchens with large center islands, eat-in areas, and honed granite countertops. Adding to their charm, each unit retains original decorative fireplaces. Practical features include a first-floor mudroom and laundry in each unit, enhancing convenience and livability. Residents enjoy the privacy of independently fenced backyards and the added benefit of off-street parking. One unit is currently rented at $1275 per month, generating strong rental income. The asking price is $394,900, translating to $205.68 per square foot. Financial details are available upon request. This property is ideally suited for both investors seeking a strong return and owner-occupants looking for a blend of modern amenities and historic character. Note that this property may be bundled with a separate property at 484 Seymour Avenue. This is a rare opportunity to acquire a well-maintained, high-yield duplex in a desirable Columbus location.

Highlights

  • Asking price: $394,900
  • Multifamily property, Duplex, 2 units
  • Price per square foot: $205.68
  • Built in 1900, lot size 3,920 sq ft
  • Located at 538-540 Kelton Avenue, Columbus, OH 43205

Property Details for 538-540 Kelton Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1900
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9556479
Longitude
-82.958425
538-540 Kelton Ave, Columbus, Ohio

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538-540 Kelton Ave
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