605-611 Lilley Avenue, Columbus, OH 43205

Columbus
Local realty services provided by:ERA Martin & Associates
605-611 Lilley Avenue,Columbus, OH 43205
$475,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: zeke liston
Office: red 1 realty
MLS#:226009896
Source:OH_CBR

Price summary

  • Price:$475,000

About this home

Rare brick investment opportunity featuring four townhouse-style units, each offering 2 bedrooms and 1 bathroom, ideally located just minutes from Nationwide Children's Hospital, Franklin Park Conservatory and Botanical Gardens, and downtown Columbus. Many updates done throughout the property including a new roof in 2020. Currently generating $4,115 per month in rental income, Unit 605 is leased at $1,065 per month through March 31, 2027; Unit 607 is rented at $1,025 per month through February 28, 2026; Unit 609 is leased at $1,140 per month on a month-to-month basis; and Unit 611 is rented to a long term tenant at $885 per month through May 31, 2026. Tenants are responsible for all utilities, including water, which is individually sub-metered--helping to minimize owner expenses and maximize net operating income. This is a strong opportunity for investors seeking a well-maintained, stabilized asset with in-place cash flow and additional upside through rent optimization.

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Home facts

  • Year built:1920
  • Listing ID #:226009896
  • Added:5 day(s) ago
  • Updated:April 06, 2026 at 08:41 PM

Structure and exterior

  • Year built:1920
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$475,000
  • Tax amount:$7,254
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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