For Sale
$239,800

2729 Sullivant AveColumbus, OH 43204

Cash-flowing duplex, renovated in 2020.

Overview

Added:
Dec 11, 2024
Days on market:
114
This 2-unit apartment building, located at 2729 Sullivant Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1923 and extensively renovated in 2020, the property sits on a 4,791.6 square foot lot. Currently, the occupancy rate is 50%, with one unit rented at $1,275 per month. The asking price is $239,800, translating to $113.54 per square foot. The property's location within a revitalizing area offers significant potential for future appreciation. The vacant unit provides immediate potential for increased rental income, while the occupied unit contributes to positive cash flow from day one. This duplex is ideal for both seasoned investors seeking a strong return and owner-occupants looking to build equity and generate passive income. The property's recent renovation minimizes immediate maintenance needs, allowing for a smooth transition into ownership. The address is within the 43204 zip code in Franklin County. This is a rare opportunity to acquire a well-maintained, cash-flowing property in a rapidly developing neighborhood. Don't miss out on this chance to add a valuable asset to your portfolio or begin your real estate journey.

Highlights

  • $239,800 asking price for this Columbus, OH multifamily property.
  • Two-unit apartment building, duplex/triplex/quadruplex subtype.
  • $113.54 price per square foot.
  • 50% occupancy rate; one unit currently rented at $1,275/month.
  • Built in 1923, renovated in 2020.
  • 4,791.6 sq ft lot size.

Property Details for 2729 Sullivant Ave

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1923/2020
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9437342
Longitude
-83.0715024
2729 Sullivant Ave, Columbus, Ohio

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2729 Sullivant Ave
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