1878 Eddystone Avenue, Columbus, OH 43224
Local realty services provided by:CENTURY 21 Darfus Realty
1878 Eddystone Avenue,Columbus, OH 43224
$399,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jerry r auger
Office: key realty877-539-7589
MLS#:226022353
Source:OH_CBR
Price summary
- Price:$399,000
About this home
INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one.
The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents.
With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside.
Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity....
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Home facts
- Year built:1964
- Subdivision & Development:Clevelawn
- Listing ID #:226022353
- Added:131 day(s) ago
- Updated:October 27, 2026 at 04:16 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1964
- Lot area:0.16 Acres
Finances and disclosures
- Price:$399,000
- Tax amount:$3,176
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