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2287-2289 Margaret Avenue, Columbus, OH 43219

$199,000.00
  • 2287-2289 Margaret Avenue, Columbus, OH 43219 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#226022479
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMAPLE GROVE PLACE SCHOOLCOLUMBUS CITY

Property Description

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!

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $2,628
Year Built: 1911

Feature Descriptions

Lot Dimensions: 0
Parcel #: 010-014495
Parking: Common

Local Schools

School District: COLUMBUS CITY

Listed By / Shown By

Listed By

Agency Name: Red 1 Realty
Agent Name: Zeke Liston
Agency Phone: 614-585-9020

Shown By

Agency Title: Real Estate Showcase Mount Vernon
Agency Phone: (740) 397-1400

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Estimate Your Payment

Estimated Payment

$ 1,112.31 per month $835.27 Principal & Interest $219.00 Property Tax $58.04 Homeowner's Insurance

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