1048 E 20th Avenue, Columbus, OH 43211
Local realty services provided by:ERA Martin & Associates
1048 E 20th Avenue,Columbus, OH 43211
$340,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cheryl d morgan
Office: heart & homepropertymanagement614-255-6452
MLS#:226021702
Source:OH_CBR
Price summary
- Price:$340,000
About this home
One of the few multifamily properties currently available in the Linden area, this is a rare opportunity to acquire a cash-flowing asset with significant potential for value creation. This brick 4-unit multifamily property features four 2-bedroom, 1-bath townhouse-style units, each with a private basement. Three of the four units are currently occupied, providing immediate rental income, while the vacant fourth unit offers significant value-add potential. The occupied units have been updated with replacement windows, furnaces, and kitchen improvements. Unit 1048 is leased month-to-month at $900 per month. Unit 1050 is leased through December 2026 at $800 per month. Unit 1052 is leased through May 2027 at $950 per month. Unit 1054 is currently vacant and requires a full renovation. The vacant unit presents an excellent opportunity for an owner-occupant looking to build equity through renovation or for an investor seeking to increase cash flow. Professionally managed, the property offers stable tenancy with additional upside through renovation and future rent growth. The vacant unit is easy to show. Occupied units may be viewed after an accepted contract, contingent upon inspection. BEING SOLD AS IS....
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Home facts
- Year built:1940
- Listing ID #:226021702
- Added:55 day(s) ago
- Updated:August 08, 2026 at 03:23 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1940
- Lot area:0.22 Acres
Finances and disclosures
- Price:$340,000
- Tax amount:$3,184
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