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32463812
32463813

189-191 S Highland Avenue, Columbus, OH 43223 For Sale

NH
Chosen Real Estate Group
Listed by Chosen Real Estate Group
$224,900
70 days on market
Updated 68 days ago

189-191 S Highland Avenue

Details
APN 010-003457
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $2,000
Price per SqFt $128
Year Built 1969
Acreage 0.140

Multifamily | 2 Units

Marketing description

Stabilized Hilltop Duplex - Maintenance-Lite CURB OFFERS ONLY -- DO NOT DISTURB TENANTS. Interior access and inspections will be granted only after a signed purchase agreement and proof of funds are provided. The Opportunity: Own a solid, maintenance-lite income property in a stable Columbus submarket. This 1969 masonry duplex is perfect for an investor seeking consistent cash flow or a buyer looking for a property with exceptional ''bones'' and significant future finishing potential. Current Performance: Total Monthly Rent: 2,000 (1,000 per side). Leases: Fully occupied with active terms through April 1, 2027. Tenant Profile: Professional, long-term tenants who handle minor upkeep and day-to-day maintenance themselves, resulting in an exceptionally low expense ratio. Utilities: Tenants pay all utilities. Property Highlights Construction: Durable masonry/brick exterior walls with a 1969 build quality that minimizes structural upkeep. Unit Layout: Two spacious 3-bedroom, 1-bathroom units with efficient floor plans. Lot Size: Large 6,222 sq. ft. lot with off-street parking. Bonus Utility: Large unfinished basements with high ceilings. Currently used for laundry and storage, these spaces offer potential for future finishing or extra utility under the 2026 Columbus building codes.
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Listing Contacts

NH
Chosen Real Estate Group
Listed by Chosen Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$2,000.00
$166.67/mo

Valuation Metrics

0
DSCR
0.89%
Cap Rate
0.89%
ROI

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