1438 Hunter AveColumbus, OH 43201

Property Details for 1438 Hunter Ave

Year built

1900

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This turnkey duplex located at 1438 Hunter Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1900, this property boasts a substantial lot size of 4,791.6 square feet and comprises two units, each a 5-bedroom, 2.5-bathroom apartment. Currently fully leased until July 2025 at $3,300 per unit, with leases renewed for 2024-2025, this property offers immediate and consistent cash flow. Comparable units in the neighborhood command rental rates of $3,650 per side, suggesting significant potential for future rental income growth. Situated in the desirable Southwest Campus Area near Ohio State University, this property benefits from a strong rental market. Each unit features attractive amenities including off-street parking, central air conditioning, hardwood floors, dishwashers, front porches, and full basements. The asking price is $849,900, translating to $245.21 per square foot. This property is an excellent choice for investors seeking a stable, high-yielding investment in a prime Columbus location. The property is located in Franklin County, Ohio, with a zip code of 43201.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9913

Longitude

-83.0096

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