For Sale
$350,000

1418-1422 Miller Ave Columbus, OH 43206

Two-unit apartment building, excellent return.

Overview

Added:
Dec 11, 2024
Days on market:
136
This Columbus, Ohio duplex located at 1418-1422 Miller Avenue presents a compelling investment opportunity. Built in 1950, this multifamily property sits on a 7,405.2 square foot lot and offers two units, each featuring two bedrooms and one bathroom. The asking price is $350,000, translating to a price per square foot of $195.31. The property is currently partially occupied, with one unit having an existing tenant and a lease that transfers with the sale. This provides immediate rental income potential. This versatile property offers the unique advantage of owner-occupancy, allowing for the possibility of living in one unit while generating income from the other. Alternatively, it can function solely as a rental property, providing a steady stream of passive income. The property's location in Columbus, Ohio, within the 43206 zip code, offers convenient access to local amenities and services. This duplex represents a rare blend of residential comfort and lucrative investment potential, making it an ideal acquisition for both seasoned investors and first-time buyers seeking a strong return on investment. The property's solid construction and established tenancy make it a low-risk, high-reward opportunity.

Highlights

  • $350,000 asking price.
  • Multifamily property, specifically a duplex, in Columbus, OH.
  • Two units, each with two bedrooms and one bathroom.
  • 7,405.2 sq ft lot.
  • Built in 1950.
  • $195.31 price per square foot.

Property Details for 1418-1422 Miller Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1950
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.936593
Longitude
-82.962704

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, excellent return.
Where is the apartment building located?
The property is located at 1418-1422 Miller Ave Columbus, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: $350,000 asking price.; Multifamily property, specifically a duplex, in Columbus, OH.; Two units, each with two bedrooms and one bathroom.
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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1418-1422 Miller Ave
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