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$ 199,000
Est. payment /mo
Active
2287-2289 Margaret Avenue Columbus, OH 43219
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Maple Grove Place
MLS Listing ID 226022479
Year Built 1911
Annual Tax Amount $2,628
Lot Size 6,098 Sqft
Lot Dimensions 0.14
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
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! Inspection report is available.
Location
State OH
County Franklin
Community Maple Grove Place
Area 0.14
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Common
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-014495
Listed by Zeke Liston Red 1 Realty
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