1418-1422 Miller AveColumbus, OH 43206

Property Details for 1418-1422 Miller Ave

Year built

1950

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9366

Longitude

-82.9627

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