1615-1617 8Th StColumbus, OH 43207

Property Details for 1615-1617 8Th St

Year built

1918

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional Columbus, Ohio duplex presents a compelling investment opportunity. Located at 1615-1617 S 8th Street, this 2-unit apartment building boasts a prime location in the Merion Village neighborhood and offers immediate cash flow. Built in 1918, the property sits on a 3,049.2 square foot lot and is currently 100% occupied. Each unit features three bedrooms and one bathroom, showcasing high-quality finishes including stainless steel appliances and granite countertops. Both units benefit from central air conditioning. One unit is currently leased on a 12-month lease until July 2025 at $1560 per month (owner pays water), while the other is furnished and rented month-to-month for $2200 per month through October 31, 2024 (owner pays electric, water, gas, and wifi). The property includes a fenced backyard and convenient street parking. The asking price is $484,900, translating to $237.93 per square foot. Showings are by appointment only, following the acceptance of an offer. This property is ideally suited for owner-occupants seeking to leverage their investment or seasoned investors looking for a strong return.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9298

Longitude

-82.9883

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