Description

Located in the highly desirable University District near The Ohio State University, this fully renovated up/down duplex presents a premier turnkey investment opportunity in Columbus. Positioned near the OSU Medical Center and leased through August 2028 at $2,850 per month, the property offers immediate and stable cash flow with no deferred maintenance. Extensive upgrades throughout the asset include a new roof, high-efficiency electric furnace in the upper unit, new forced-air gas system in the lower unit, double-pane windows, updated flooring, designer kitchens, and modernized finishes. The upstairs kitchen features maple cabinetry, polished nickel hardware, stainless steel and glass-top appliances, and a large eat-in island with seating for six, while the downstairs kitchen showcases granite countertops and was previously featured on HDTV Designer Finals following a custom remodel. Additional interior finishes include Pergo flooring, porcelain kitchen tile, slate-tiled bathrooms, walk-in pantries with washers and dryers, central air conditioning, and private covered balconies for each unit. The property’s outdoor amenities further distinguish it from competing rentals, offering a fully fenced backyard complete with a custom granite bar, built-in granite entertaining table, fire pit, and four dedicated off-street parking spaces—an uncommon feature in the area. Beyond its existing income stream, the deep lot also provides future value-add potential with plans available for the development of an additional two to three units at the rear of the property. Ideally situated within walking distance of the OSU Medical School, the Short North Arts District, Gateway District, and Victorian Village, the property is well positioned to attract high-quality tenants in one of Columbus’ strongest rental markets. Tenants currently pay all utilities, no pets are permitted, and the offering is particularly attractive for investors seeking a low-maintenance asset or a strong 1031 exchange opportunity. Buyers are requested not to disturb tenants, and the listing agent is related to the owner.