About 113-115 W Park Avenue
Tax Abated Duplex through 2038!! This property features two spacious 3bed/2 full bath units with functional layouts that continue to attract and retain long-term tenants. The property is currently generating strong income with Unit 113 rented at $1,540 + $65 water fee + $30 pet fee (lease through June 30, 2026) and Unit 115 rented at $1,375 + $65 water fee + $30 pet fee (lease through April 30, 2026), providing immediate and stable cash flow. Monthly income is $3,105!! Unit 115 will be renewing at $1,400. Major mechanical updates have been completed, with both furnaces and A/C units replaced in 2023, helping minimize near-term capital expenses. Kitchen appliances have since been installed and will transfer to the new owners. Tenants also enjoy access to a fenced-in backyard, adding privacy and outdoor space that enhances tenant appeal and retention. With solid rents, lease security in place, and strong ongoing demand, this duplex is a reliable, income-producing asset with continued upside potential.
Features of 113-115 W Park Avenue
| MLS® # | 226007957 |
|---|---|
| Price | $315,000 |
| Acres | 0.09 |
| Year Built | 1908 |
| Type | Multi-Family |
| Sub-Type | Duplex |
| Status | Active Under Contract |
Community Information
| Address | 113-115 W Park Avenue |
|---|---|
| Area | None |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43222 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
School Information
| District | COLUMBUS CSD 2503 FRA CO. |
|---|
Listing Details
| Office | David Spurlock of Red 1 Realty |
|---|