15641566 E Blake Avenue Active Save Request In-Person Tour Request Virtual Tour
Columbus,OH 43211
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225026714
Year Built 1926
Annual Tax Amount $2,103
Lot Size 4,356 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 1564-1566 E Blake Ave, Columbus, OH 43211—a beautifully updated 2,240 sq. ft. duplex built in 1926 and offering a solid investment opportunity with immediate income potential. Each side of this well-maintained property features modern finishes and thoughtful updates, with leases already in place and a professional property management company on board for truly hands-off ownership (option to keep them if desired).
The property brings in $3,400/month in gross rental income. A cap rate of 11.7% managing yourself.
Features include:
Forced air heating & window A/C
Basement with washer/dryer hookups
Shared driveway with 4 off-street parking spaces
Updated interiors in both units
Utilities (electric, gas, sewer) covered by owner
Located in a revitalizing area of Columbus, this property sits in Franklin County and within the Columbus City School District. The neighborhood is experiencing growth and redevelopment, with nearby properties poised for improvement—a value-add factor for future appreciation.
You'll be near Weinland Park, Linden, and Milo-Grogan—areas gaining attention for affordable housing, city grants, and proximity to downtown Columbus. Access to major highways, public transit, and shopping makes this a desirable location for long-term tenants.
Proforma based on actual financials available in documents.
Whether you're looking to expand your portfolio or get started with a strong income-producing property, this duplex checks all the boxes.
Don't miss out on this promising investment in one of Columbus's emerging neighborhoods!
Location
State OH
County Franklin
Area 0.1
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Acceptable Financing Other,Conventional
Listing Terms Other,Conventional