Quick Columbus OH MLS Search

Browse All Columbus OH Under $200K Properties for Sale

$169,997
Tristam Griffith
Not one, not two, but FOUR cash-flowing duplexes hitting the 1% rule in Columbus, Ohio. Buy one, several, or all four! These well-performing properties offer a rare opportunity for investors seeking strong rental income with minimal vacancy. Out of 8 total units, only 1 unit is currently vacant -- intentionally left open for a potential owner-occupant or for easy viewing during the sales process. Addresses include: 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave. We also manage one additional duplex on Loretta that is not currently listed but the owner may consider selling at the right price -- perfect for investors looking to acquire a package of 5 properties. These properties have been professionally managed long term, and current management is willing to stay in place for a seamless transition. Rent roll is available in the attached documents. Since all units feature the same layout, only the vacant unit will be available for showings prior to contract acceptance, but it serves as an accurate representation of the others. Unit photos are from prior to tenant move-in and may or may not reflect current condition. Tenants pay all utilities, keeping owner expenses low. Water is already separately sub-metered, and trash service is through the City of Columbus. All tenants are current on rent, with several long-term residents providing stable occupancy history. And did we mention the CRAZY LOW taxes? Annual property taxes range from just $1,573.54 to $1,803.86 per year -- helping maximize your cash flow and returns. Properties are being sold as-is. Excellent opportunity to add stable, income-producing multifamily assets to your portfolio in a strong Columbus rental market.

1056 Loretta Avenue, Columbus

Listing Courtesy of : Tristam Griffith ---- Cap Rate Realty

$169,997
Tristam Griffith
Not one, not two, but FOUR cash-flowing duplexes hitting the 1% rule in Columbus, Ohio. Buy one, several, or all four! These well-performing properties offer a rare opportunity for investors seeking strong rental income with minimal vacancy. Out of 8 total units, only 1 unit is currently vacant -- intentionally left open for a potential owner-occupant or for easy viewing during the sales process. Addresses include: 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave. We also manage one additional duplex on Loretta that is not currently listed but the owner may consider selling at the right price -- perfect for investors looking to acquire a package of 5 properties. These properties have been professionally managed long term, and current management is willing to stay in place for a seamless transition. Rent roll is available in the attached documents. Since all units feature the same layout, only the vacant unit will be available for showings prior to contract acceptance, but it serves as an accurate representation of the others. Unit photos are from prior to tenant move-in and may or may not reflect current condition. Tenants pay all utilities, keeping owner expenses low. Water is already separately sub-metered, and trash service is through the City of Columbus. All tenants are current on rent, with several long-term residents providing stable occupancy history. And did we mention the CRAZY LOW taxes? Annual property taxes range from just $1,573.54 to $1,803.86 per year -- helping maximize your cash flow and returns. Properties are being sold as-is. Excellent opportunity to add stable, income-producing multifamily assets to your portfolio in a strong Columbus rental market.

1045 Loretta Avenue, Columbus

Listing Courtesy of : Tristam Griffith ---- Cap Rate Realty

$169,997
Tristam Griffith
Not one, not two, but FOUR cash-flowing duplexes hitting the 1% rule in Columbus, Ohio. Buy one, several, or all four! These well-performing properties offer a rare opportunity for investors seeking strong rental income with minimal vacancy. Out of 8 total units, only 1 unit is currently vacant -- intentionally left open for a potential owner-occupant or for easy viewing during the sales process. Addresses include: 1040-1042 Loretta Ave, 1045-1047 Loretta Ave, 1051-1053 Republic Ave, and 1056-1058 Loretta Ave. We also manage one additional duplex on Loretta that is not currently listed but the owner may consider selling at the right price -- perfect for investors looking to acquire a package of 5 properties. These properties have been professionally managed long term, and current management is willing to stay in place for a seamless transition. Rent roll is available in the attached documents. Since all units feature the same layout, only the vacant unit will be available for showings prior to contract acceptance, but it serves as an accurate representation of the others. Unit photos are from prior to tenant move-in and may or may not reflect current condition. Tenants pay all utilities, keeping owner expenses low. Water is already separately sub-metered, and trash service is through the City of Columbus. All tenants are current on rent, with several long-term residents providing stable occupancy history. And did we mention the CRAZY LOW taxes? Annual property taxes range from just $1,573.54 to $1,803.86 per year -- helping maximize your cash flow and returns. Properties are being sold as-is. Excellent opportunity to add stable, income-producing multifamily assets to your portfolio in a strong Columbus rental market.

1040-1042 Loretta Avenue, Columbus

Listing Courtesy of : Tristam Griffith ---- Cap Rate Realty

Start Your Search

Under $200K Columbus Real Estate

Our website features the best real estate search for under $200k properties available in Columbus and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!