For Sale
$749,900

887-891 22Nd St Columbus, OH 43206

Turnkey Duplex, 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
135
Exceptional investment opportunity awaits with this fully renovated, two-unit brick duplex located at 887-891 S 22nd Street, Columbus, Ohio. Built in 1915 and extensively renovated in 2023, this property boasts a desirable location in the Southern Orchards neighborhood, less than half a mile from Nationwide Children's Hospital. The complete renovation included new mechanical, electrical, plumbing, and HVAC systems, a new roof, and new windows. Each unit offers four bedrooms and three bathrooms, featuring condo-level finishes and exposed brick. Additional amenities include first-floor laundry, a full basement, and off-street parking. Currently, both units are 100% occupied, with leases in place: Unit 887 is leased at $2475 per month through March 31, 2026, and Unit 891 is leased at $2750 per month through July 31, 2025. This property benefits from a 15-year, 100% tax abatement, currently valued at $3,827.28 annually, representing significant cost savings. The 6,534 square foot lot houses this turnkey investment, ideally situated near German Village, Bexley, Olde Towne East, and downtown Columbus. The asking price is $749,900, with a price per square foot of $229.75.

Property Details for 887-891 22Nd St

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1915/2023
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.94666
Longitude
-82.973388

FAQs

What type of property is this?
Apartment building - Turnkey Duplex, 100% Occupancy
Where is the apartment building located?
The property is located at 887-891 22Nd St Columbus, OH.
What is the asking price?
The asking price for this property is $749,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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887-891 22Nd St
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