113-115 W Park Avenue

Columbus, OH 43222

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.

Listing courtesy of David Spurlock of Red 1 Realty: (614) 656-1316



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Last checked: 2026-03-18 10:21 PM UTC