Listed By
Agency Name: Keller Williams Capital Ptnrs
Agent Name: Erik Hiss
Agency Phone: 614-888-1000
Shown By
Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate
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Property Description
CURB OFFERS ONLYWelcome to 1614 Republic Ave, a solid, low-maintenance triplex that serves as a fantastic 1% rule property to add to your portfolio. Boasting durable block construction, this property offers an easy-to-maintain asset in an East Linden neighborhood experiencing significant revitalization. Each of the three consistent-demand units features one bedroom and one bathroom, and the property includes three dedicated off-street parking spaces - a highly desirable amenity for tenants. The location offers unmatched convenience with quick access to The Ohio State University, downtown Columbus, and Easton Town Center.The building already features strong, immediate cash flow with a total gross income of $2,350/month: Unit A is rented for $725/month on a month-to-month lease, Unit B is rented at $850/month through 5/31/27, and Unit C is rented for $775/month through 4/30/27. For a truly seamless addition to your investments, the property currently has professional management in place, which can easily transfer to the new buyer if interested. With strong numbers, turnkey management potential, and a prime location in a rapidly appreciating area, this multi-unit building is a smart, high-performing investment you do not want to miss!
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 29
Heating: Forced Air
Lot Size: 0.15 Acres
Taxes: $2,828
Year Built: 1956
Feature Descriptions
Parcel #: 010-063550
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Local Schools
School District: COLUMBUS CITY
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Estimated Payment
$ 1,456.83 per month $1,155.54 Principal & Interest $235.67 Property Tax $65.63 Homeowner's InsuranceChange Payment Information
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1614 Republic Avenue | MLS# 226022136
This multi-family property located at 1614 Republic Avenue, Columbus, OH 43211 is currently listed for sale with an asking price of $225,000. Republic Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.meyeranddial.com today.