For Sale
$299,900

1811 Rich St Columbus, OH 43205

Historic Charm, Updated Units, High Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
135
This charming 1900-built duplex in Columbus, Ohio, presents a fantastic investment opportunity. Located at 1811 E Rich Street, this two-unit property boasts a desirable location just blocks from Franklin Park and the vibrant East Market/Trolley Barn District. The property sits on a 5,227.2 square foot lot and offers a compelling price per square foot of $133.41. One unit is currently rented at $1125 per month (month-to-month, but the tenant is interested in renewing), while the other is vacant and ready for immediate occupancy. Both units have undergone significant renovations, including updated kitchens and bathrooms. The lower unit features new luxury vinyl tile (LVT) flooring, white appliances, and laminate countertops. The upper unit showcases refinished hardwood floors, granite countertops, and stainless steel appliances. Each unit includes attractive features such as decorative fireplaces, private porches, front and back private entries, and access to a shared basement storage space and rear yard. Both units also benefit from central air conditioning and new windows. This property is ideal for owner-occupancy or as a strong addition to an existing rental portfolio. The combination of its historic character, modern updates, and prime location makes this a truly exceptional investment opportunity.

Highlights

  • $299,900 asking price for a 2-unit apartment building.
  • Multifamily property in Columbus, OH, with two units.
  • $133.41 price per square foot.
  • Built in 1900, situated on a 5,227.2 sq ft lot.
  • Upper unit rented at $1,125/month (month-to-month, tenant interested in renewal); lower unit vacant. Both units feature updated kitchens and baths.

Property Details for 1811 Rich St

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

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9585924
Longitude
-82.9509697

FAQs

What type of property is this?
Apartment building - Historic Charm, Updated Units, High Rental Income
Where is the apartment building located?
The property is located at 1811 Rich St Columbus, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: $299,900 asking price for a 2-unit apartment building.; Multifamily property in Columbus, OH, with two units.; $133.41 price per square foot.
How can I contact the broker?
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1811 Rich St
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