Keller Williams Greater Cols
Listed by Keller Williams Greater Cols
$299,999
1096 E 22nd Avenue #1098
Details
APN 010-079413
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $21,162
Price per SqFt $183
Year Built 1942
Year Renovated 2022
Acreage 0.130
Multifamily | 2 Units
Marketing description
Incredible duplex opportunity just minutes from downtown—perfect for owner-occupants or investors looking for turn-key cash flow and long-term upside. This property underwent a full renovation approximately three years ago and has been impeccably maintained since. Each side features 2 bedrooms, 1.5 bathroom, updated kitchens and baths, newer mechanicals, and stylish finishes that attract quality tenants.
The property is enrolled in a 15-year tax abatement through December 2037, offering substantial property tax savings for over a decade—an advantage that directly impacts your bottom line and monthly cash flow. Current rents are $1,299 per unit with upside potential; market demand supports $1,450/month or more, and the property is actively being marketed for lease with multiple applicants in the pipeline. This gives buyers flexibility to occupy one side while locking in strong income from the other—or fully lease out both units for immediate, above-market returns.
This is a rare opportunity to own a fully renovated duplex with years of tax benefits ahead, minimal ongoing maintenance, and built-in income potential from day one. Whether you're looking to build equity through house hacking or grow a strong rental portfolio, this asset checks all the boxes.
Opportunities like this—turn-key, income-producing, and tax-advantaged—are few and far between. Don't miss your chance to secure a smart investment in a rapidly appreciating corridor of Columbus. Agent Owned
Listing Contacts
Keller Williams Greater Cols
Listed by Keller Williams Greater Cols
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,161.67
$1,763.47/mo
Valuation Metrics
0
DSCR
7.05%
Cap Rate
7.05%
ROI
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Property History
Tax History
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