Cash-flowing duplex tucked away in a quiet neighborhood. Each unit features a highly functional, great-sized 2BR/1BA layout equipped with its own dedicated unfinished basement for ample storage. Unit 2287 is leased through April 30, 2027, at $1,190/mo plus a $100/mo water/sewer fee and an additional $40/mo mowing fee (March-November). Meanwhile, Unit 2289 is currently occupied on a month-to-month lease at a below-market rent of $825/mo, providing a seamless opportunity to immediately reposition the unit to true market rates. The exterior has been meticulously maintained with partial new gutters where needed (2026) and a freshly painted exterior. The building also boasts newer siding, furnaces, and newer hot water heaters (including a brand-new water heater installed in 2025). Unit 2287 features a 2026 interior remodel, including a fully updated bathroom (new tub, vanity, mirror, toilet, and plumbing), an updated kitchen, new flooring on the stairs and entire second level, fresh paint throughout, new door hardware, updated light fixtures, and brand-new blinds. Unit 2289 features freshly sealed windows and a soffit that was fully rebuilt this year. This property offers the ultimate blend of stability and immediate repositioning potential!
Listed By
Agency Name: Red 1 Realty
Agent Name: Zeke Liston
Agency Phone: 614-585-9020
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimated Payment
$ 1,390.19 per month $1,113.15 Principal & Interest $219.00 Property Tax $58.04 Homeowner's Insurance
2287-2289 Margaret Avenue | MLS# 226022479
This multi-family property located at 2287-2289 Margaret Avenue, Columbus, OH 43219 is currently listed for sale with an asking price of $199,000. 2287-2289 Margaret Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.lydiawalls.com today.