1056 Loretta Avenue, Columbus, OH 43211
Local realty services provided by:ERA Real Solutions Realty
1056 Loretta Avenue,Columbus, OH 43211
$169,997
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tristam griffith
Office: cap rate realty614-506-3086
MLS#:226017342
Source:OH_CBR
Price summary
- Price:$169,997
About this home
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....
Contact an agent
Home facts
- Year built:1950
- Subdivision & Development:Linden
- Listing ID #:226017342
- Added:138 day(s) ago
- Updated:October 01, 2026 at 03:53 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1950
- Lot area:0.11 Acres
Finances and disclosures
- Price:$169,997
- Tax amount:$1,798
Parking
- Total parking spaces:2
New listings near 1056 Loretta Avenue
- Coming Soon
$239,900Coming Soon2 beds 3 baths1,024 sq. ft.4635 Orwell Drive, Columbus, OH 43220
MLS# 226037206Listed by: KELLER WILLIAMS CONSULTANTS - Coming Soon
$949,900Coming Soon4 beds 5 baths2,400 sq. ft.2245 Lane Road, Columbus, OH 43220
MLS# 226037297Listed by: RE/MAX ONE - Coming Soon
$315,000Coming Soon3 beds 1 baths1,312 sq. ft.406 E Markison Avenue, Columbus, OH 43207
MLS# 226037290Listed by: REALTY OHIO INC. - Coming SoonOpen Sun, 1 to 3pm
$399,900Coming Soon3 beds 3 baths1,499 sq. ft.393 E Jenkins Avenue, Columbus, OH 43207
MLS# 226037292Listed by: STREET SOTHEBY'S INTERNATIONAL - Coming Soon
$235,000Coming Soon3 beds 2 baths1,464 sq. ft.3493 Trevor Drive, Columbus, OH 43204
MLS# 226037293Listed by: EXP REALTY, LLC - Coming Soon
$490,000Coming Soon4 beds 2 baths1,812 sq. ft.41 E Dunedin Road, Columbus, OH 43214
MLS# 226037277Listed by: KELLER WILLIAMS CAPITAL PTNRS - Coming Soon
$330,000Coming Soon3 beds 3 baths1,368 sq. ft.533 River Pebble Drive, Blacklick, OH 43004
MLS# 226037254Listed by: RED 1 REALTY - Coming Soon
$475,000Coming Soon4 beds 5 baths3,587 sq. ft.1819 Franklin Park S, Columbus, OH 43205
MLS# 226037244Listed by: H. C. BLAND REALTY - Coming Soon
$399,900Coming Soon2 beds 2 baths1,452 sq. ft.148 S Kellner Road, Columbus, OH 43209
MLS# 226037219Listed by: THE COLUMBUS AGENTS - Coming SoonOpen Sun, 12 to 2pm
$299,000Coming Soon3 beds 2 baths2,256 sq. ft.776 Kimball Place, Columbus, OH 43205
MLS# 226037225Listed by: ENGEL & VOLKERS REAL ESTATE ADVISORS