For Sale
$459,000

483-485 Champion Ave Columbus, OH 43205

Renovated Duplex, 2 Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
134
This beautifully renovated duplex at 483-485 S Champion Avenue in Columbus, Ohio presents a fantastic investment opportunity. Built in 1910 and completely renovated in 2022, this property boasts two units, each featuring three bedrooms and one and a half bathrooms. The property sits on a 5,227.2 square foot lot and offers ample parking with space for four vehicles in the rear. One unit is currently operating as a successful Airbnb, generating immediate income, while the other unit is occupied by a long-term tenant, providing stable rental revenue. This combination makes it ideal for house hacking or owner occupancy. The asking price is $459,000, translating to a price per square foot of $197.67. Located in the desirable Olde Towne East neighborhood, this property enjoys a prime location, just one mile from Children's Hospital and three miles from Nationwide Arena and the vibrant downtown Columbus area. The property's recent renovation ensures minimal maintenance needs, maximizing potential return on investment. Both units are in excellent condition, as evidenced by the provided photos which showcase 485 S Champion Avenue

Highlights

  • Completely renovated duplex in Columbus, OH's Olde Towne East neighborhood.
  • Two 3-bed, 1.5-bath units on a 5,227.2 sq ft lot.
  • One unit is a successful Airbnb, the other has a long-term tenant.
  • Ample parking for four vehicles.
  • Asking price: $459,000 ($197.67/sq ft).
  • Excellent location, near Children's Hospital and downtown Columbus.

Property Details for 483-485 Champion Ave

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1910/2022
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.955559
Longitude
-82.970003

FAQs

What type of property is this?
Apartment building - Renovated Duplex, 2 Units, High ROI
Where is the apartment building located?
The property is located at 483-485 Champion Ave Columbus, OH.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Completely renovated duplex in Columbus, OH's Olde Towne East neighborhood.; Two 3-bed, 1.5-bath units on a 5,227.2 sq ft lot.; One unit is a successful Airbnb, the other has a long-term tenant.
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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483-485 Champion Ave
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