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29872385
29872394

779-781 Stanley Avenue, Columbus, OH 43206

Columbus Realtors
Listed by Columbus Realtors
$429,900
106 days on market
Updated 39 days ago
Opportunity zone

779-781 Stanley Avenue

Details
APN 010-013527
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $38,400
Occupancy 100%
Price per SqFt $179
Year Built 1919
Year Renovated 2022

Multifamily | 2 Units

Marketing description

Updated Two-Family in a Rapidly Growing Columbus Corridor - 779-781 Stanley Avenue. Beautifully updated side-by-side duplex offering a rare combination of space, modern finishes, and strong long-term upside. Each unit features 3 bedrooms, 1 full bath, and 1 half bath, along with thoughtful main-floor conveniences that set this property apart. Step inside to a bright, refreshed interior with a modern kitchen, stainless steel appliances, and clean, contemporary finishes. A main-floor mudroom with laundry, plus an adjacent office nook, adds everyday functionality that tenants and owner-occupants love. Both sides offer mirror-image updates, making the property easy to maintain and simple to market. Additional highlights include a full basement, fenced yards, and a two-car garage--valuable features in this price range. The surrounding neighborhood is experiencing steady reinvestment, new housing activity, and rising demand, making this an ideal time to secure a property in an up-and-coming area. Perfect for an owner-occupied buyer looking to offset their mortgage or an investor ready to launch their rental portfolio immediately. A strong opportunity with excellent long-term potential. Owner occupied investment loans are available for 5% down. This is a great double to begin investment career.
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Columbus Realtors
Listed by Columbus Realtors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$38,400.00
$3,200.00/mo

Valuation Metrics

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DSCR
8.93%
Cap Rate
8.93%
ROI

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