1564-1566 E Blake Avenue, Columbus, OH

$270,000

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0.10

Acres

About 1564-1566 E Blake Avenue

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 almost 9%. 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!

Features of 1564-1566 E Blake Avenue

MLS® # 225026714
Price $270,000
Acres 0.10
Year Built 1926
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information

Address 1564-1566 E Blake Avenue
Area None
City Columbus
County Franklin
State OH
Zip Code 43211

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Window Unit(s)
Has Basement No
Fireplace No

School Information

District COLUMBUS CSD 2503 FRA CO.

Listing Details

OfficeAnn Adams of Real Estate Opportunity

Listing Map

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